Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.074%

Price spread now: tradeXYZ against HTX−0.136%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.136% cheaper against HTX than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.8 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NOK-USDT	11.010	0	get 0.0000% / 8h	5h 21m	$9K	$5K	10x
Short	tradeXYZ xyz:NOK	10.995	0.0161	get 0.0020% / 1h	21m 47s	$4.2M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee tradeXYZbpOrdersPrice spread, now −0.136%Rate

Funding earned: $33.74
Price spread: −0.136% → 0.000%: −$13.62
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$9.88
Costs to cover: 0.300%
Break-even: 9.1 days

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 5 min ago	3.18 bp	15.7 bp −$16	27.5 bp −$275	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOKUSDT	0.0000%	8h	11.000	−0.089%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.997	−0.118%	$39K	$172K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.000	−0.095%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.015	+0.045%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.990	−0.182%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.028	+0.163%	$1.5M	$586K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	−0.157%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.000	−0.091%	$3K	$147K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	−0.182%	$1K	$1.4M	10x	as long as short
HTX NOK-USDTlong	0.0000%	8h	11.010	long leg	$9K	$5K	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NOKUSDT	0.0000%	8h	10.990	−0.182%	$1.6M	$541K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	−0.182%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.000	−0.091%	—	—	10x	as long as short
Gate NOK_USDT	+0.0088%	8h	11.014	+0.036%	$968K	$992K	50x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.980	−0.272%	$301K	$354K	20x	as long as short
tradeXYZ xyz:NOKshort	+0.0161%	1h	10.995	−0.136%	$4.2M	$1.1M	10x