Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Gate+0.177%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.177% dearer against Gate than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOW_USDT	138.29	0	get 0.0000% / 8h	7h 18m	$245K	$379K	20x
Short	Aster NOWUSDT	138.53	0	get 0.0000% / 8h	7h 18m	$41K	$995	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee AsterbpOrdersPrice spread, now +0.177%Rate

Funding earned: $0
Price spread: +0.177% → 0.000%: $17.67
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$5.33
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 52 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 52 min ago	16.32 bp	125.1 bp −$125	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOWUSDTshort	0.0000%	8h	138.53	+0.177%	$41K	$995	20x
OKX NOW-USDT-SWAP	0.0000%	8h	138.44	+0.108%	$500K	$210K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.09	−0.145%	$1.1M	$2.1M	10x	as long as short
Gate NOW_USDTlong	0.0000%	8h	138.29	long leg	$245K	$379K	20x
Bitget NOWUSDT	0.0000%	8h	138.30	+0.007%	$770K	$241K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	138.38	+0.065%	$902	$422K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.26	−0.022%	$5K	$29K	20x	as long as short
Lighter NOW	+0.0032%	1h	138.19	−0.072%	$5K	$173	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.092%	$3K	$101	12x	as long as short
BloFin NOW-USDT	+0.0035%	8h	138.32	+0.022%	$45K	$17K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NOW-USD-PERP	+0.0046%	1h	138.12	−0.123%	—	—	25x	as long as short
Binance NOWUSDT	+0.0060%	8h	138.32	+0.025%	$1.8M	$1.5M	20x	as long as short
Bybit NOWUSDT	+0.0077%	8h	138.27	−0.014%	$1.5M	$5.7M	25x	as long as short
KuCoin NOWUSDTM	+0.0100%	8h	138.11	−0.130%	$317K	$662K	20x	as long as short
tradeXYZ xyz:NOW	+0.0247%	1h	138.14	−0.108%	$2.1M	$231K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0918%	8h	138.38	+0.067%	$248	$163K	10x	as long as short