Funding arb · Price arb /

NOK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: KuCoin against Vest+0.091%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 KuCoin

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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.091% dearer against Vest than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOK-PERP	11.000	0.0046	pay 0.0006% / 1h	13m 03s	—	—	10x
Short	KuCoin NOKUSDTM	11.010	0.0100	get 0.0100% / 8h	6h 13m	$300K	$334K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.091%Rate

Funding earned: $11.41
Price spread: +0.091% → 0.000%: $9.09
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $6.5
Costs to cover: 0.140%
Break-even: 3.0 days

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 23 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 KuCoin live order book, 23 min ago	9.08 bp	94.8 bp −$95	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	11.017	+0.158%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.017	+0.154%	$40K	$172K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.020	+0.182%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.026	+0.236%	$1.2M	$1.3M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.025	+0.227%	$971K	$1.0M	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.010	+0.091%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.046	+0.418%	$1.5M	$581K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.013	+0.118%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.023	+0.207%	$3K	$150K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.010	+0.091%	$914	$1.5M	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	11.010	+0.091%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.010	+0.091%	$1.6M	$538K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.009	+0.082%	—	—	10x	as long as short
Vest NOK-PERPlong	+0.0046%	1h	11.000	long leg	—	—	10x
KuCoin NOKUSDTMshort	+0.0100%	8h	11.010	+0.091%	$300K	$334K	20x
tradeXYZ xyz:NOK	+0.0359%	1h	11.014	+0.127%	$4.2M	$1.1M	10x	as long as short