Settings8H · net · $10k
Funding arb · Price arb /

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0390%/8h= +42.7% APRnext payment +$3.90 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Aster−1.092%70s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. GRVT is 1.092% cheaper against Aster than usual: you would sell low and buy high (spread −1.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$109 on $10k: about 9.3 days of funding at the current rate (+$12 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT139.560get 0.0000% / 8h4h 00m$41K$99520x
ShortGRVT NOW_USDT_Perp138.030.0390get 0.0390% / 8h4h 00m$377$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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

Funding earned
$81.9
Price spread: −1.092% → 0.000%
−$109.17
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$44.27
Costs to cover
0.170%
Break-even
10.8 days
Slippage unknown: Aster: no order-book sample; GRVT: live order book, 52 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell GRVT live order book, 52 min ago3.26 bp20.3 bp −$20doesn't fitdoesn't fitdoesn't fit
Aster: 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.

NOW on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NOW-USD0.0000%1h137.82−1.244%$1.1M$1.6M10xas long as short
Aster NOWUSDTlong0.0000%8h139.56long leg$41K$99520x
OKX NOW-USDT-SWAP0.0000%8h137.87−1.208%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h138.02−1.100%$249K$353K20xas long as short
Bitget NOWUSDT0.0000%8h137.97−1.136%$781K$235K20xas long as short
SunX NOW-USDT0.0000%8h137.99−1.122%$1K$380K10xas long as short
HTX NOW-USDT0.0000%8h138.11−1.036%$5K$32K20xas long as short
Lighter NOW+0.0032%1h137.92−1.172%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.175%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.83−1.237%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.78−1.272%$317K$629K20xas long as short
BloFin NOW-USDT+0.0156%8h137.96−1.143%$46K$17K20xas long as short
Bybit NOWUSDT+0.0177%8h138.04−1.086%$1.6M$3.5M25xas long as short
Binance NOWUSDT+0.0181%8h138.05−1.076%$1.8M$1.4M20xas long as short
tradeXYZ xyz:NOW+0.0302%1h137.91−1.179%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perpshort+0.0390%8h138.03−1.092%$377$150K10x