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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment $0.17 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against BloFin+0.036%7-day average · you sell dearer than you buy
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 pays, funding is against you. SunX is 0.036% dearer against BloFin than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NOW-USDT138.580.0017pay 0.0017% / 8h7h 29m$46K$17K20x
ShortSunX NOW-USDT138.630get 0.0000% / 8h7h 29m$815$427K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
−$3.58
Price spread: +0.036% → 0.000%
$3.61
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$19.97
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 22 min ago. 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 BloFin no order-book sample
Sell SunX live order book, 22 min ago47.48 bp66.2 bp −$66doesn't fitdoesn't fitdoesn't fit
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%8h138.52−0.043%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.44−0.101%$500K$210K20xas long as short
QFEX NOW-USD0.0000%1h138.28−0.216%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h138.44−0.101%$246K$376K20xas long as short
Bitget NOWUSDT0.0000%8h138.47−0.079%$771K$243K20xas long as short
SunX NOW-USDTshort0.0000%8h138.63+0.036%$815$427K10x
HTX NOW-USDT0.0000%8h138.55−0.022%$5K$28K20xas long as short
Binance NOWUSDT+0.0004%8h138.53−0.034%$1.8M$1.5M20xas long as short
Bybit NOWUSDT+0.0013%8h138.42−0.115%$1.5M$5.7M25xas long as short
BloFin NOW-USDTlong+0.0017%8h138.58long leg$46K$17K20x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NOW+0.0032%1h138.49−0.065%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.880%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.31−0.195%25xas long as short
KuCoin NOWUSDTM+0.0100%8h138.30−0.202%$318K$663K20xas long as short
tradeXYZ xyz:NOW+0.0211%1h138.32−0.188%$2.1M$231K10xas long as short
GRVT NOW_USDT_Perp+0.0648%8h138.51−0.052%$256$163K10xas long as short