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−0.0006%/8h= −0.6% APRnext payment $0.06 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Bybit−0.014%7-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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NOWUSDT139.390.0153pay 0.0153% / 8h1h 05m$1.6M$715K25x
ShortBloFin NOW-USDT139.370.0147get 0.0147% / 8h1h 05m$46K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$1.2
Price spread: −0.014% → 0.000%
−$1.43
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.63
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago7.53 bp23.5 bp −$23172.9 bp −$1,729doesn'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
OKX NOW-USDT-SWAP0.0000%8h139.23−0.115%$496K$242K20xas long as short
QFEX NOW-USD0.0000%1h139.16−0.165%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h139.31−0.057%$253K$350K20xas long as short
Bitget NOWUSDT0.0000%8h139.27−0.086%$769K$260K20xas long as short
SunX NOW-USDT0.0000%8h139.390.000%$969$336K10xas long as short
HTX NOW-USDT0.0000%8h139.23−0.115%$5K$36K20xas long as short
Lighter NOW+0.0032%1h139.30−0.065%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.294%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h139.22−0.122%25xas long as short
Aster NOWUSDT+0.0052%8h139.60+0.154%$41K$85920xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h139.26−0.093%$317K$636K20xas long as short
tradeXYZ xyz:NOW+0.0119%1h139.18−0.151%$2.1M$238K10xas long as short
BloFin NOW-USDTshort+0.0147%8h139.37−0.014%$46K$18K20x
Bybit NOWUSDTlong+0.0153%8h139.39long leg$1.6M$715K25x
Binance NOWUSDT+0.0164%8h139.35−0.029%$1.8M$1.5M20xas long as short
GRVT NOW_USDT_Perp+0.0260%8h139.42+0.021%$294$141K10xas long as short