Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.024%

Price spread now: Extended against MEXC+0.161%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$790.794% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.161%, 7d avg +0.001%

Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.159% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOKSTOCK_USDT	10.720	0.0568	pay 0.0568% / 8h	7h 35m	$1.5M	$118K	50x
Short	Extended NOK-USD	10.737	0.0576	get 0.0072% / 1h	35m 09s	$40K	$282K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now +0.161%Rate

Funding earned: $1.68
Price spread: +0.161% → +0.001%: $15.9
Slippage, 4 orders: −$74.39
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$61.81
Costs to cover: 0.794%
Break-even: 264.5 days

Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 62 min ago.

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 MEXC live order book, 1 min ago	18.64 bp	18.6 bp −$19	35.9 bp −$359	148.2 bp −$14.8K	295.3 bp −$147.6K
Sell Extended live order book, 62 min ago	6.98 bp	20.0 bp −$20	122.8 bp −$1,228	doesn't fit	doesn't fit

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
Bitget NOKSTOCKUSDT	−0.0433%	8h	10.787	+0.625%	$1.5M	$586K	20x	as long as short
Vest NOK-PERP	−0.0007%	1h	10.710	−0.093%	—	—	10x	as long as short
Aster NOKUSDT	0.0000%	8h	10.720	0.000%	$65K	$7K	20x	as long as short
SunX NOK-USDT	0.0000%	8h	10.730	+0.093%	$1K	$1.2M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.730	+0.093%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.740	+0.187%	$1.6M	$644K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.705	−0.140%	—	—	10x	as long as short
OKX NOK-USDT-SWAP	+0.0078%	8h	10.742	+0.205%	$1.2M	$1.2M	20x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.720	0.000%	$293K	$441K	20x	as long as short
GRVT NOK_USDT_Perp	+0.0119%	8h	10.720	0.000%	$3K	$111K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOK_USDT	+0.0266%	8h	10.747	+0.252%	$935K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0292%	1h	10.722	+0.019%	$4.4M	$1.4M	10x	as long as short
Variational Omni NOK	+0.0307%	8h	10.738	+0.170%	$129K	$118K	—	as long as short
MEXC NOKSTOCK_USDTlong	+0.0568%	8h	10.720	long leg	$1.5M	$118K	50x
Extended NOK-USDshort	+0.0576%	1h	10.737	+0.161%	$40K	$282K	10x
Binance NOKUSDT	+0.0578%	8h	10.738	+0.168%	$7.3M	$10.4M	20x	as long as short