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

NOW

RWAall NOW markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 05:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.054%
Price spread now: tradeXYZ against Binance−0.080%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Long on BinanceShort on tradeXYZ
What this pair did over the last
the charts below follow
Funding, last 7 days+0.254%+$25 on $10k
Price spread, last 7 days−0.050%−$5 · spread now −0.080%, 7d avg −0.073%
Together, before fees+0.204%+ Points / potential airdroptradeXYZ: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOWUSDT138.090.0241pay 0.0241% / 8h3h 18m$1.8M$1.4M20x
ShorttradeXYZ xyz:NOW137.980.0292get 0.0037% / 1h18m 18s$2.1M$224K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.76
Price spread: −0.080% → −0.073%
−$0.63
Slippage, 4 orders
−$29.96
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$47.83
Costs to cover
0.580%
Break-even
38.1 days
Slippage from Binance: live order book, 15 min ago; tradeXYZ: live order book, 9 min ago.

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, 15 min ago0.36 bp9.3 bp −$945.2 bp −$452doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago3.63 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit

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
OKX NOW-USDT-SWAP0.0000%8h137.91−0.130%$491K$227K20xas long as short
QFEX NOW-USD0.0000%1h137.79−0.217%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h138.02−0.051%$248K$353K20xas long as short
Bitget NOWUSDT0.0000%8h137.96−0.094%$788K$240K20xas long as short
SunX NOW-USDT0.0000%8h138.05−0.029%$1K$380K10xas long as short
HTX NOW-USDT0.0000%8h138.05−0.029%$5K$34K20xas long as short
Aster NOWUSDT+0.0029%8h138.39+0.220%$41K$99520xas long as short
Lighter NOW+0.0032%1h138.02−0.051%$5K$1845xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.238%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.86−0.167%——25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.85−0.174%$317K$635K20xas long as short
Bybit NOWUSDT+0.0204%8h137.98−0.080%$1.6M$2.8M25xas long as short
BloFin NOW-USDT+0.0214%8h138.04−0.036%$46K$17K20xas long as short
Binance NOWUSDTlong+0.0241%8h138.09long leg$1.8M$1.4M20x
tradeXYZ xyz:NOWshort+0.0292%1h137.98−0.080%$2.1M$224K10x
GRVT NOW_USDT_Perp+0.0456%8h138.02−0.049%$271$147K10xas long as short