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

NOW

RWAall NOW markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 03:00 UTC+0.0175%/8h= +19.1% APRpaid last 24h +0.050%
Price spread now: tradeXYZ against Bybit−0.051%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
Long on BybitShort on tradeXYZ
What this pair did over the last
the charts below follow
Funding, last 7 days+0.273%+$27 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.051%, 7d avg −0.066%
Together, before fees+0.271%+ Points / potential airdroptradeXYZ: Active · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NOWUSDT137.940.0164pay 0.0164% / 8h5h 02m$1.6M$4.8M25x
ShorttradeXYZ xyz:NOW137.870.0338get 0.0042% / 1h2m 34s$2.1M$229K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$36.72
Price spread: −0.051% → −0.066%
$1.55
Slippage, 4 orders
−$81.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$71.96
Costs to cover
1.102%
Break-even
20.7 days
Slippage from Bybit: live order book, 5 min ago; tradeXYZ: live order book, 5 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, 5 min ago3.26 bp37.7 bp −$38154.5 bp −$1,545doesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago2.90 bp12.7 bp −$13doesn'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
Aster NOWUSDT0.0000%8h138.66+0.519%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.04+0.072%$492K$232K20xas long as short
QFEX NOW-USD0.0000%1h137.87−0.051%$1.1M$1.8M10xas long as short
Gate NOW_USDT0.0000%8h137.97+0.022%$248K$372K20xas long as short
Bitget NOWUSDT0.0000%8h137.96+0.014%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.92−0.014%$552$386K10xas long as short
HTX NOW-USDT0.0000%8h138.13+0.138%$5K$31K20xas long as short
Lighter NOW+0.0032%1h137.86−0.058%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.348%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.88−0.043%——25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.78−0.116%$318K$629K20xas long as short
Bybit NOWUSDTlong+0.0164%8h137.94long leg$1.6M$4.8M25x
BloFin NOW-USDT+0.0188%8h137.98+0.029%$229$17K20xas long as short
Binance NOWUSDT+0.0201%8h138.02+0.060%$1.8M$1.4M20xas long as short
tradeXYZ xyz:NOWshort+0.0338%1h137.87−0.051%$2.1M$229K10x
GRVT NOW_USDT_Perp+0.0514%8h137.98+0.025%$717$150K10xas long as short