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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster−0.597%7-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 · farm boardneeds both histories
Funding pays, the price is against you. KuCoin is 0.597% cheaper against Aster than usual: you would sell low and buy high (spread −0.597% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$60 on $10k: about 20 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT138.470get 0.0000% / 8h5h 11m$41K$99520x
ShortKuCoin NOWUSDTM137.640.0100get 0.0100% / 8h5h 11m$317K$635K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.597% → 0.000%
−$59.66
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$58.66
Costs to cover
0.200%
Break-even
26.6 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 12 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 KuCoin live order book, 12 min ago10.54 bp120.6 bp −$121doesn'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
Aster NOWUSDTlong0.0000%8h138.47long leg$41K$99520x
OKX NOW-USDT-SWAP0.0000%8h137.96−0.365%$489K$228K20xas long as short
QFEX NOW-USD0.0000%1h137.72−0.539%$1.1M$1.8M10xas long as short
Gate NOW_USDT0.0000%8h137.88−0.423%$248K$371K20xas long as short
Bitget NOWUSDT0.0000%8h137.87−0.430%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.90−0.409%$552$386K10xas long as short
HTX NOW-USDT0.0000%8h138.03−0.315%$5K$31K20xas long as short
Lighter NOW+0.0032%1h137.81−0.474%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.963%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.74−0.524%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTMshort+0.0100%8h137.64−0.597%$317K$635K20x
Bybit NOWUSDT+0.0199%8h137.90−0.409%$1.6M$4.9M25xas long as short
Binance NOWUSDT+0.0210%8h137.92−0.394%$1.8M$1.4M20xas long as short
BloFin NOW-USDT+0.0215%8h137.92−0.394%$230$17K20xas long as short
tradeXYZ xyz:NOW+0.0362%1h137.76−0.510%$2.1M$229K10xas long as short
GRVT NOW_USDT_Perp+0.0574%8h137.93−0.384%$723$152K10xas long as short