Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Aster−0.621%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Vest

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 airdropAster: Stage 5 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.621% cheaper against Aster than usual: you would sell low and buy high (spread −0.621% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$62 on $10k: about 45 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NOWUSDT	138.71	0	get 0.0000% / 8h	4h 43m	$41K	$995	20x
Short	Vest NOW-USD-PERP	137.85	0.0046	get 0.0006% / 1h	43m 15s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee AsterbpFee VestbpOrdersPrice spread, now −0.621%Rate

Funding earned: $9.59
Price spread: −0.621% → 0.000%: −$62.05
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$62.46
Costs to cover: 0.100%
Break-even: 52.6 days

Slippage unknown: Aster: no order-book sample; Vest: no order-book sample. 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 Aster no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Aster and 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.

NOW 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
QFEX NOW-USD	0.0000%	1h	137.84	−0.628%	$1.1M	$1.7M	10x	as long as short
Aster NOWUSDTlong	0.0000%	8h	138.71	long leg	$41K	$995	20x
OKX NOW-USDT-SWAP	0.0000%	8h	138.00	−0.512%	$492K	$227K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	137.97	−0.534%	$248K	$351K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.92	−0.570%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	138.00	−0.512%	$265	$386K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.85	−0.621%	$5K	$31K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	−0.577%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.785%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPshort	+0.0046%	1h	137.85	−0.621%	—	—	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.72	−0.714%	$316K	$621K	20x	as long as short
BloFin NOW-USDT	+0.0181%	8h	138.04	−0.484%	$46K	$17K	20x	as long as short
Binance NOWUSDT	+0.0195%	8h	138.02	−0.501%	$1.8M	$1.4M	20x	as long as short
Bybit NOWUSDT	+0.0228%	8h	138.10	−0.440%	$1.6M	$4.4M	25x	as long as short
tradeXYZ xyz:NOW	+0.0287%	1h	137.84	−0.628%	$2.1M	$226K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0459%	8h	138.01	−0.505%	$558	$149K	10x	as long as short