Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Phemex against Vest0.000%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 Phemex

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOK-PERP	11.010	0.0046	pay 0.0006% / 1h	34m 11s	—	—	10x
Short	Phemex NOKUSDT	11.010	0	get 0.0000% / 8h	4h 34m	$1.6M	$544K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$9.59
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$23.59
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Phemex: 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 Phemex live order book, 4 min ago	4.53 bp	68.8 bp −$69	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	11.020	+0.095%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.019	+0.085%	$37K	$168K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.020	+0.092%	$7.5M	$9.0M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.021	+0.100%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.020	+0.091%	$965K	$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	11.028	+0.163%	$1.5M	$595K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.023	+0.119%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.020	+0.091%	$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	−0.091%	$9K	$5K	10x	as long as short
Phemex NOKUSDTshort	0.0000%	8h	11.010	0.000%	$1.6M	$544K	10x
Lighter NOK	+0.0032%	1h	11.009	−0.009%	—	—	10x	as long as short
Vest NOK-PERPlong	+0.0046%	1h	11.010	long leg	—	—	10x
tradeXYZ xyz:NOK	+0.0050%	1h	11.012	+0.018%	$4.2M	$1.1M	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.020	+0.091%	$301K	$382K	20x	as long as short