Funding arb · Price arb /

NOK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.013%

Price spread now: Bitget against Vest+0.349%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.349% dearer against Vest than usual: you sell high and buy low (spread +0.349% now, against zero (this spread has no 7-day history yet)): +$35 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOK-PERP	10.880	0.0046	pay 0.0006% / 1h	40m 15s	—	—	10x
Short	Bitget NOKSTOCKUSDT	10.918	0	get 0.0000% / 8h	1h 40m	$1.5M	$579K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now +0.349%Rate

Funding earned: −$9.59
Price spread: +0.349% → 0.000%: $34.93
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: $11.33
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 1 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	9.62 bp	49.9 bp −$50	106.7 bp −$1,067	doesn't fit	doesn't fit

Vest: 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 NOKUSDT	0.0000%	8h	10.898	+0.167%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.904	+0.221%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDTshort	0.0000%	8h	10.918	+0.349%	$1.5M	$579K	20x
GRVT NOK_USDT_Perp	0.0000%	8h	10.910	+0.276%	$3K	$128K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.890	+0.092%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.930	+0.460%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.890	+0.092%	$1.6M	$590K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.880	0.000%	—	—	10x	as long as short
Vest NOK-PERPlong	+0.0046%	1h	10.880	long leg	—	—	10x
KuCoin NOKUSDTM	+0.0100%	8h	10.900	+0.184%	$297K	$438K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NOK	+0.0117%	8h	10.893	+0.120%	$131K	$117K	—	as long as short
Gate NOK_USDT	+0.0167%	8h	10.899	+0.175%	$944K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0223%	1h	10.879	−0.009%	$4.3M	$1.2M	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0270%	8h	10.890	+0.092%	$1.5M	$116K	50x	as long as short
Binance NOKUSDT	+0.0272%	8h	10.898	+0.170%	$7.3M	$9.6M	20x	as long as short
Extended NOK-USD	+0.0272%	1h	10.897	+0.157%	$37K	$159K	10x	as long as short