Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.025%

Price spread now: OKX against Vest+0.284%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 OKX

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. OKX is 0.284% dearer against Vest than usual: you sell high and buy low (spread +0.284% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOK-PERP	10.920	0.0046	pay 0.0006% / 1h	7m 11s	—	—	10x
Short	OKX NOK-USDT-SWAP	10.951	0	get 0.0000% / 8h	2h 07m	$1.2M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.284%Rate

Funding earned: −$9.59
Price spread: +0.284% → 0.000%: $28.39
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: $6.8
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	2.29 bp	33.6 bp −$34	doesn't fit	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	10.940	+0.182%	$67K	$7K	20x	as long as short
OKX NOK-USDT-SWAPshort	0.0000%	8h	10.951	+0.284%	$1.2M	$1.3M	20x
Bitget NOKSTOCKUSDT	0.0000%	8h	10.939	+0.174%	$1.5M	$595K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.934	+0.126%	$3K	$131K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.940	+0.183%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.970	+0.458%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.940	+0.183%	$1.6M	$586K	10x	as long as short
Variational Omni NOK	+0.0009%	8h	10.943	+0.211%	$131K	$117K	—	as long as short
Lighter NOK	+0.0032%	1h	10.919	−0.009%	—	—	10x	as long as short
Vest NOK-PERPlong	+0.0046%	1h	10.920	long leg	—	—	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOKUSDTM	+0.0100%	8h	10.930	+0.092%	$298K	$430K	20x	as long as short
Gate NOK_USDT	+0.0159%	8h	10.954	+0.311%	$954K	$1.0M	50x	as long as short
Extended NOK-USD	+0.0168%	1h	10.942	+0.200%	$38K	$160K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0168%	8h	10.940	+0.183%	$1.5M	$118K	50x	as long as short
Binance NOKUSDT	+0.0172%	8h	10.942	+0.205%	$7.3M	$9.6M	20x	as long as short
tradeXYZ xyz:NOK	+0.0434%	1h	10.939	+0.174%	$4.3M	$1.2M	10x	as long as short