Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

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 0.000%

Price spread now: Aster against Phemex−0.079%52s7-day average — · you buy dearer than you sell

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

Long on Phemex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.079% cheaper against Phemex than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex NOKUSDT	11.030	0	get 0.0000% / 8h	4h 35m	$1.6M	$543K	10x
Short	Aster NOKUSDT	11.021	0	get 0.0000% / 8h	4h 35m	$67K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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 PhemexbpFee AsterbpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → 0.000%: −$7.91
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.91
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; Aster: 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 Phemex live order book, 3 min ago	4.53 bp	74.9 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 NOKUSDTshort	0.0000%	8h	11.021	−0.079%	$67K	$7K	20x
Extended NOK-USD	0.0000%	1h	11.021	−0.079%	$37K	$168K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.024	−0.055%	$7.5M	$9.0M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.024	−0.054%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.032	+0.018%	$967K	$990K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.020	−0.091%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.029	−0.009%	$1.5M	$595K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.023	−0.063%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.020	−0.090%	$3K	$146K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.020	−0.091%	$909	$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	11.000	−0.272%	$9K	$5K	10x	as long as short
Phemex NOKUSDTlong	0.0000%	8h	11.030	long leg	$1.6M	$543K	10x
Lighter NOK	+0.0032%	1h	11.009	−0.190%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.020	−0.091%	—	—	10x	as long as short
tradeXYZ xyz:NOK	+0.0050%	1h	11.013	−0.154%	$4.2M	$1.1M	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.020	−0.091%	$301K	$381K	20x	as long as short