Settings8H · net · $10k
Funding arb · Price arb /

NOK

RWAall NOK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.037%
Price spread now: Phemex against MEXC0.000%50s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1581.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 4 days (all we have)−0.280%−$28 · spread now 0.000%, 7d avg +0.012%
Together, before fees−0.405%−$40 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NOKSTOCK_USDT10.9900get 0.0000% / 8h5h 25m$1.6M$112K50x
ShortPhemex NOKUSDT10.9900get 0.0000% / 8h5h 25m$1.6M$538K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$0
Price spread: 0.000% → +0.012%
−$1.15
Slippage, 4 orders
−$145.98
Fee MEXC: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$159.13
Costs to cover
1.580%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Phemex: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago4.55 bp4.5 bp −$520.2 bp −$202137.6 bp −$13.8K266.6 bp −$133.3K
Sell Phemex live order book, 3 min ago4.55 bp77.3 bp −$77doesn't fitdoesn't fitdoesn't fit

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOKUSDT0.0000%8h10.993+0.025%$67K$7K20xas long as short
Extended NOK-USD0.0000%1h10.987−0.023%$39K$176K10xas long as short
Binance NOKUSDT0.0000%8h10.991+0.007%$7.5M$8.9M20xas long as short
OKX NOK-USDT-SWAP0.0000%8h11.006+0.146%$1.2M$1.2M20xas long as short
MEXC NOKSTOCK_USDTlong0.0000%8h10.990long leg$1.6M$112K50x
Bitget NOKSTOCKUSDT0.0000%8h11.025+0.318%$1.5M$587K20xas long as short
Variational Omni NOK0.0000%8h10.993+0.025%$136K$113Kas long as short
GRVT NOK_USDT_Perp0.0000%8h11.000+0.091%$3K$147K10xas long as short
SunX NOK-USDT0.0000%8h10.9900.000%$1K$1.4M10xas long as short
HTX NOK-USDT0.0000%8h11.000+0.091%$9K$5K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NOKUSDTshort0.0000%8h10.9900.000%$1.6M$538K10x
Lighter NOK+0.0032%1h10.9900.000%10xas long as short
Vest NOK-PERP+0.0046%1h10.980−0.091%10xas long as short
Gate NOK_USDT+0.0096%8h11.007+0.155%$968K$987K50xas long as short
KuCoin NOKUSDTM+0.0100%8h10.9900.000%$301K$352K20xas long as short
tradeXYZ xyz:NOK+0.0177%1h10.988−0.018%$4.2M$1.1M10xas long as short