Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h —

Price spread now: Vest against Lighter+0.009%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Vest

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NOK	10.929	0.0032	pay 0.0004% / 1h	38m 18s	—	—	10x
Short	Vest NOK-PERP	10.930	0.0046	get 0.0006% / 1h	38m 18s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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 LighterbpFee VestbpOrdersPrice spread, now +0.009%Rate

Funding earned: $2.87
Price spread: +0.009% → 0.000%: $0.91
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $1.79
Costs to cover: 0.020%
Break-even: 2.6 days

Slippage unknown: Lighter: no order-book sample; Vest: no order-book sample. 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 Lighter no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Lighter and Vest: 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	10.938	+0.080%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.950	+0.188%	$38K	$164K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.953	+0.220%	$7.4M	$9.1M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.960	+0.284%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	10.965	+0.329%	$951K	$989K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.950	+0.192%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.988	+0.540%	$1.5M	$604K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.963	+0.312%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.974	+0.413%	$3K	$146K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.960	+0.284%	$895	$1.4M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	10.990	+0.558%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.960	+0.284%	$1.6M	$549K	10x	as long as short
Lighter NOKlong	+0.0032%	1h	10.929	long leg	—	—	10x
Vest NOK-PERPshort	+0.0046%	1h	10.930	+0.009%	—	—	10x
KuCoin NOKUSDTM	+0.0100%	8h	10.950	+0.192%	$299K	$402K	20x	as long as short
tradeXYZ xyz:NOK	+0.0213%	1h	10.945	+0.146%	$4.2M	$1.1M	10x	as long as short