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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.20 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance−0.018%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOWUSDT137.870get 0.0000% / 8h1h 25m$1.6M$1.3M20x
ShortBloFin NOW-USDT137.84−0.0020pay 0.0020% / 8h1h 25m$45K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
−$4.27
Price spread: −0.018% → 0.000%
−$1.85
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.12
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.81 bp12.7 bp −$1347.3 bp −$473doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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
BloFin NOW-USDTshort−0.0020%8h137.84−0.018%$45K$17K20x
Aster NOWUSDT0.0000%8h137.84−0.018%$41K$99520xas long as short
Binance NOWUSDTlong0.0000%8h137.87long leg$1.6M$1.3M20x
Bybit NOWUSDT0.0000%8h137.90+0.025%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87+0.003%$484K$196K20xas long as short
QFEX NOW-USD0.0000%1h137.76−0.077%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h137.82−0.033%$250K$405K20xas long as short
Bitget NOWUSDT0.0000%8h137.78−0.062%$761K$263K20xas long as short
GRVT NOW_USDT_Perp0.0000%8h137.82−0.033%$222$170K10xas long as short
SunX NOW-USDT0.0000%8h137.85−0.011%$647$439K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NOW-USDT0.0000%8h137.87+0.003%$5K$26K20xas long as short
Lighter NOW+0.0032%1h137.81−0.040%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.403%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.80−0.047%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.73−0.098%$317K$739K20xas long as short
tradeXYZ xyz:NOW+0.0247%1h137.78−0.062%$2.1M$200K10xas long as short