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= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.051%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3423.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.051%, 7d avg −0.048%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NOWUSDT137.950get 0.0000% / 8h2m 10s$1.5M$5.7M25x
ShortGate NOW_USDT137.880get 0.0000% / 8h2m 10s$251K$398K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.051% → −0.048%
−$0.26
Slippage, 4 orders
−$315.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$341.88
Costs to cover
3.416%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; Gate: live order book, 8 min ago.

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, 6 min ago0.36 bp72.8 bp −$73162.8 bp −$1,628doesn't fitdoesn't fit
Sell Gate live order book, 8 min ago16.32 bp77.5 bp −$78doesn't fitdoesn't fitdoesn't fit

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
BloFin NOW-USDT−0.0029%8h137.90−0.036%$45K$17K20xas long as short
QFEX NOW-USD0.0000%1h137.83−0.087%$1.1M$2.1M10xas long as short
Aster NOWUSDT0.0000%8h137.87−0.061%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.94−0.009%$1.6M$1.3M20xas long as short
Bybit NOWUSDTlong0.0000%8h137.95long leg$1.5M$5.7M25x
OKX NOW-USDT-SWAP0.0000%8h137.90−0.036%$484K$196K20xas long as short
Gate NOW_USDTshort0.0000%8h137.88−0.051%$251K$398K20x
Bitget NOWUSDT0.0000%8h137.93−0.014%$762K$254K20xas long as short
SunX NOW-USDT0.0000%8h137.92−0.022%$879$435K10xas long as short
HTX NOW-USDT0.0000%8h137.98+0.022%$5K$28K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NOW_USDT_Perp+0.0014%8h137.86−0.066%$393$166K10xas long as short
Lighter NOW+0.0032%1h137.84−0.080%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.341%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.82−0.094%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.68−0.196%$317K$669K20xas long as short
tradeXYZ xyz:NOW+0.0290%1h137.79−0.116%$2.1M$201K10xas long as short