Funding arb · Price arb /

NOK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest−0.181%7-day average — · you buy dearer than you sell

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

Long on Vest Short on SunX

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.181% cheaper against Vest than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOK-PERP	11.060	0.0046	pay 0.0006% / 1h	0m 04s	—	—	10x
Short	SunX NOK-USDT	11.040	0	get 0.0000% / 8h	7h 00m	$1K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.181%Rate

Funding earned: −$9.59
Price spread: −0.181% → 0.000%: −$18.08
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$37.68
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago	49.80 bp	101.2 bp −$101	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	11.057	−0.026%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.048	−0.109%	$37K	$171K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.051	−0.083%	$7.6M	$8.8M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.059	−0.009%	$1.2M	$1.3M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.064	+0.036%	$991K	$1.0M	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.040	−0.181%	$1.6M	$116K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.065	+0.045%	$1.5M	$582K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.043	−0.153%	$137K	$121K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.051	−0.086%	$3K	$155K	10x	as long as short
SunX NOK-USDTshort	0.0000%	8h	11.040	−0.181%	$1K	$1.5M	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	11.050	−0.090%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.040	−0.181%	$1.6M	$532K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.060	0.000%	—	—	10x	as long as short
Vest NOK-PERPlong	+0.0046%	1h	11.060	long leg	—	—	10x
tradeXYZ xyz:NOK	+0.0050%	1h	11.053	−0.063%	$4.2M	$1.1M	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.060	0.000%	$301K	$314K	20x	as long as short