NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0177%/8h= −19.3% APRnext payment −$1.77 per $10,000 · paid last 24h −0.015%

Price spread now: SunX against Binance−0.165%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$177as in the Price arb table

costs, in and out, $10k−$1611.612% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.165%, 7d avg −0.004%

Together, before fees+0.067%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.161% cheaper against Binance than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOWUSDT	141.02	0.0177	pay 0.0177% / 8h	7h 38m	$1.9M	$1.5M	20x
Short	SunX NOW-USDT	140.79	0	get 0.0000% / 8h	7h 38m	$1K	$305K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee BinancebpFee SunXbpOrdersPrice spread, now −0.165%Rate

Funding earned: −$37.11
Price spread: −0.165% → −0.004%: −$16.1
Slippage, 4 orders: −$143.22
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$214.42
Costs to cover: 1.612%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; SunX: live order book, 2 min ago.

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 Binance live order book, 10 min ago	2.84 bp	16.8 bp −$17	56.4 bp −$564	doesn't fit	doesn't fit
Sell SunX live order book, 2 min ago	46.53 bp	65.5 bp −$66	doesn't fit	doesn't fit	doesn't fit

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
OKX NOW-USDT-SWAP	0.0000%	8h	140.83	−0.137%	$514K	$236K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	141.05	+0.019%	$1.1M	$1.5M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	140.84	−0.130%	$256K	$308K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	140.83	−0.137%	$788K	$259K	20x	as long as short
SunX NOW-USDTshort	0.0000%	8h	140.79	−0.165%	$1K	$305K	10x
HTX NOW-USDT	0.0000%	8h	140.86	−0.116%	$5K	$37K	20x	as long as short
Lighter NOW	+0.0032%	1h	140.89	−0.094%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	−0.867%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	140.87	−0.109%	—	—	25x	as long as short
Aster NOWUSDT	+0.0090%	8h	141.46	+0.308%	$42K	$859	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	140.84	−0.130%	$316K	$662K	20x	as long as short
Binance NOWUSDTlong	+0.0177%	8h	141.02	long leg	$1.9M	$1.5M	20x
BloFin NOW-USDT	+0.0180%	8h	140.76	−0.187%	$46K	$18K	20x	as long as short
tradeXYZ xyz:NOW	+0.0322%	1h	140.85	−0.123%	$2.1M	$236K	10x	as long as short
Bybit NOWUSDT	+0.0435%	8h	140.92	−0.073%	$1.6M	$294K	25x	as long as short
GRVT NOW_USDT_Perp	+0.0606%	8h	140.69	−0.236%	$165	$137K	10x	as long as short