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−0.0193%/8h= −21.1% APRnext payment $1.93 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bybit+0.400%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.400% dearer against Bybit than usual: you sell high and buy low (spread +0.400% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NOWUSDT138.000.0193pay 0.0193% / 8h4h 49m$1.6M$4.6M25x
ShortAster NOWUSDT138.550get 0.0000% / 8h4h 49m$41K$99520x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
−$40.49
Price spread: +0.400% → 0.000%
$39.98
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$19.51
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Bybit: live order book, 3 min ago; Aster: 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 Bybit live order book, 3 min ago2.17 bp29.4 bp −$29149.2 bp −$1,492doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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
QFEX NOW-USD0.0000%1h137.73−0.196%$1.1M$1.7M10xas long as short
Aster NOWUSDTshort0.0000%8h138.55+0.400%$41K$99520x
OKX NOW-USDT-SWAP0.0000%8h138.04+0.029%$492K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.99−0.007%$248K$350K20xas long as short
Bitget NOWUSDT0.0000%8h137.89−0.080%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.97−0.022%$813$385K10xas long as short
HTX NOW-USDT0.0000%8h138.15+0.109%$5K$31K20xas long as short
Lighter NOW+0.0032%1h137.89−0.080%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.304%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.74−0.188%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.79−0.152%$317K$623K20xas long as short
BloFin NOW-USDT+0.0189%8h137.96−0.029%$46K$17K20xas long as short
Bybit NOWUSDTlong+0.0193%8h138.00long leg$1.6M$4.6M25x
Binance NOWUSDT+0.0197%8h137.98−0.014%$1.8M$1.4M20xas long as short
tradeXYZ xyz:NOW+0.0246%1h137.82−0.130%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0469%8h137.98−0.017%$564$150K10xas long as short