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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0279%/8h= −30.6% APRnext payment $2.79 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against Aster−0.398%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 6 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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.398% cheaper against Aster than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT141.230.0279pay 0.0279% / 8h4h 10m$41K$4K20x
ShortOKX NOW-USDT-SWAP140.670get 0.0000% / 8h4h 10m$521K$259K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$58.63
Price spread: −0.398% → 0.000%
−$39.76
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$116.39
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 28 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 OKX live order book, 28 min ago9.61 bp19.8 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NOW-USDT-SWAPshort0.0000%8h140.67−0.398%$521K$259K20x
QFEX NOW-USD0.0000%1h140.47−0.539%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h140.65−0.412%$240K$298K20xas long as short
Bitget NOWUSDT0.0000%8h140.66−0.405%$827K$277K20xas long as short
SunX NOW-USDT0.0000%8h140.65−0.412%$781$254K10xas long as short
HTX NOW-USDT0.0000%8h140.51−0.511%$5K$36K20xas long as short
Lighter NOW+0.0032%1h140.58−0.461%$5K$3095xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−1.014%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.51−0.511%25xas long as short
KuCoin NOWUSDTM+0.0100%8h140.60−0.447%$301K$854K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOWUSDTlong+0.0279%8h141.23long leg$41K$4K20x
tradeXYZ xyz:NOW+0.0368%1h140.56−0.476%$2.1M$243K10xas long as short
BloFin NOW-USDT+0.0402%8h140.71−0.369%$47K$19K20xas long as short
Binance NOWUSDT+0.0414%8h140.66−0.405%$1.9M$1.6M20xas long as short
Bybit NOWUSDT+0.0458%8h140.70−0.376%$1.6M$199K25xas long as short
GRVT NOW_USDT_Perp+0.0840%8h140.67−0.398%$402$119K10xas long as short