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

NOK

RWAall NOK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX0.000%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4164.163% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.210%+$21 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now 0.000%, 7d avg +0.096%
Together, before fees+0.304%+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.096% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.096%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOK-USDT10.9900get 0.0000% / 8h5h 23m$1K$1.4M10x
ShortKuCoin NOKUSDTM10.9900.0100get 0.0100% / 8h5h 23m$301K$353K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$21
Price spread: 0.000% → +0.096%
−$9.59
Slippage, 4 orders
−$396.28
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$404.87
Costs to cover
4.163%
Break-even
142.0 days
Slippage from SunX: live order book, 11 min ago; KuCoin: live order book, 73 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 SunX live order book, 11 min ago49.89 bp100.4 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 73 min ago9.08 bp94.8 bp −$95doesn'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%8h10.991+0.008%$67K$7K20xas long as short
Extended NOK-USD0.0000%1h10.987−0.026%$39K$172K10xas long as short
Binance NOKUSDT0.0000%8h10.988−0.015%$7.5M$8.9M20xas long as short
OKX NOK-USDT-SWAP0.0000%8h11.000+0.091%$1.2M$1.2M20xas long as short
MEXC NOKSTOCK_USDT0.0000%8h10.980−0.091%$1.6M$112K50xas long as short
Bitget NOKSTOCKUSDT0.0000%8h11.016+0.237%$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-USDTlong0.0000%8h10.990long leg$1K$1.4M10x
HTX NOK-USDT0.0000%8h11.010+0.182%$9K$5K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NOKUSDT0.0000%8h10.9900.000%$1.6M$539K10xas long as short
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+0.0093%8h11.000+0.091%$968K$987K50xas long as short
KuCoin NOKUSDTMshort+0.0100%8h10.9900.000%$301K$353K20x
tradeXYZ xyz:NOK+0.0169%1h10.985−0.045%$4.2M$1.1M10xas long as short