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+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.039%
Price spread now: OKX against SunX+0.112%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3663.661% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.112%, 7d avg +0.162%
Together, before fees+0.112%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.050% cheaper against SunX than usual: you would sell low and buy high (spread +0.112% now, against its 7-day average of +0.162%). If the spread goes back, that is −$5 on $10k: about 6.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOK-USDT10.7500get 0.0000% / 8h6m 58s$925$1.3M10x
ShortOKX NOK-USDT-SWAP10.7620.0024get 0.0024% / 8h6m 58s$1.2M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$5.08
Price spread: +0.112% → +0.162%
−$5.02
Slippage, 4 orders
−$348.09
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$366.03
Costs to cover
3.661%
Break-even
511.8 days
Slippage from SunX: live order book, 7 min ago; OKX: live order book, 5 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, 7 min ago88.00 bp147.2 bp −$147doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago4.64 bp53.1 bp −$53161.5 bp −$1,615doesn'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
Bitget NOKSTOCKUSDT−0.0468%8h10.806+0.521%$1.5M$566K20xas long as short
Aster NOKUSDT0.0000%8h10.740−0.094%$65K$7K20xas long as short
GRVT NOK_USDT_Perp0.0000%8h10.769+0.180%$3K$118K10xas long as short
SunX NOK-USDTlong0.0000%8h10.750long leg$925$1.3M10x
HTX NOK-USDT0.0000%8h10.770+0.186%$9K$6K10xas long as short
Phemex NOKUSDT0.0000%8h10.760+0.093%$1.6M$619K10xas long as short
Vest NOK-PERP+0.0009%1h10.710−0.372%10xas long as short
OKX NOK-USDT-SWAPshort+0.0024%8h10.762+0.112%$1.2M$1.2M20x
Lighter NOK+0.0032%1h10.730−0.186%10xas long as short
KuCoin NOKUSDTM+0.0100%8h10.7500.000%$293K$442K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOK_USDT+0.0137%8h10.761+0.102%$938K$1.0M50xas long as short
Variational Omni NOK+0.0229%8h10.764+0.127%$130K$118Kas long as short
tradeXYZ xyz:NOK+0.0394%1h10.738−0.112%$4.4M$1.3M10xas long as short
MEXC NOKSTOCK_USDT+0.0438%8h10.7500.000%$1.5M$121K50xas long as short
Binance NOKUSDT+0.0448%8h10.758+0.073%$7.2M$10.0M20xas long as short
Extended NOK-USD+0.0448%1h10.748−0.020%$39K$277K10xas long as short