Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Bitget+0.007%46s7-day average — · you sell dearer than you buy

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

Long on Bitget Short on HTX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOWUSDT	140.85	0	get 0.0000% / 8h	7h 38m	$788K	$259K	20x
Short	HTX NOW-USDT	140.86	0	get 0.0000% / 8h	7h 38m	$5K	$37K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → 0.000%: $0.71
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$23.29
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 57 min ago; HTX: 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 Bitget live order book, 57 min ago	6.46 bp	17.9 bp −$18	41.5 bp −$415	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
OKX NOW-USDT-SWAP	0.0000%	8h	140.90	+0.035%	$514K	$237K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	140.82	−0.021%	$1.1M	$1.5M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	140.89	+0.028%	$256K	$308K	20x	as long as short
Bitget NOWUSDTlong	0.0000%	8h	140.85	long leg	$788K	$259K	20x
SunX NOW-USDT	0.0000%	8h	140.79	−0.043%	$1K	$305K	10x	as long as short
HTX NOW-USDTshort	0.0000%	8h	140.86	+0.007%	$5K	$37K	20x
Lighter NOW	+0.0032%	1h	140.89	+0.028%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	−0.745%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	140.95	+0.071%	—	—	25x	as long as short
Aster NOWUSDT	+0.0092%	8h	141.41	+0.399%	$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	140.88	+0.021%	$316K	$664K	20x	as long as short
Binance NOWUSDT	+0.0177%	8h	140.98	+0.093%	$1.9M	$1.5M	20x	as long as short
BloFin NOW-USDT	+0.0180%	8h	140.76	−0.064%	$46K	$18K	20x	as long as short
tradeXYZ xyz:NOW	+0.0321%	1h	140.93	+0.057%	$2.1M	$236K	10x	as long as short
Bybit NOWUSDT	+0.0374%	8h	141.07	+0.156%	$1.6M	$294K	25x	as long as short
GRVT NOW_USDT_Perp	+0.0606%	8h	140.69	−0.113%	$165	$137K	10x	as long as short