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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bitget−0.036%85s7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.036% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NOWUSDT137.770get 0.0000% / 8h2h 23m$761K$268K20x
ShortBloFin NOW-USDT137.720.0000get 0.0000% / 8h2h 23m$45K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$0.1
Price spread: −0.036% → 0.000%
−$3.63
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.53
Costs to cover
0.240%
Break-even
1959.2 days
Slippage unknown: Bitget: live order book, 61 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 Bitget live order book, 61 min ago8.72 bp16.7 bp −$1751.6 bp −$516doesn'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
Aster NOWUSDT0.0000%8h137.76−0.006%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.74−0.022%$1.6M$1.3M20xas long as short
Bybit NOWUSDT0.0000%8h137.75−0.015%$1.5M$5.8M25xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.96+0.138%$480K$209K20xas long as short
QFEX NOW-USD0.0000%1h137.73−0.029%$1.1M$2.0M10xas long as short
Gate NOW_USDT0.0000%8h137.75−0.015%$249K$405K20xas long as short
Bitget NOWUSDTlong0.0000%8h137.77long leg$761K$268K20x
GRVT NOW_USDT_Perp0.0000%8h137.770.000%$561$174K10xas long as short
SunX NOW-USDT0.0000%8h137.73−0.029%$234$455K10xas long as short
HTX NOW-USDT0.0000%8h137.79+0.015%$5K$25K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NOW-USDTshort0.0000%8h137.72−0.036%$45K$17K20x
Lighter NOW+0.0032%1h137.75−0.015%$5K$2625xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.473%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.75−0.015%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.52−0.181%$316K$762K20xas long as short
tradeXYZ xyz:NOW+0.0150%1h137.72−0.036%$2.1M$197K10xas long as short