NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0107%/8h= +11.7% APRnext payment +$1.07 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Gate+0.029%7-day average +0.059% · you sell dearer than you buy

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

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 2 days (all we have)+0.027%+$3 · spread now +0.029%, 7d avg +0.059%

Together, before fees+0.051%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.059%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.025% in total) that is about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOW_USDT	137.85	0	get 0.0000% / 8h	6h 27m	$245K	$370K	20x
Short	Binance NOWUSDT	137.89	0.0107	get 0.0107% / 8h	6h 27m	$1.8M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.029%Rate

Funding earned: $22.43
Price spread: +0.029% → +0.059%: −$2.95
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.52
Costs to cover: 0.250%
Break-even: 8.7 days

Slippage unknown: Gate: live order book, 38 min ago; Binance: live order book, 6 min ago. 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, 38 min ago	12.65 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.73 bp	13.6 bp −$14	49.0 bp −$490	doesn't fit	doesn't fit

NOW on 15 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 NOWUSDT	0.0000%	8h	137.99	+0.100%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.94	+0.065%	$488K	$227K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.65	−0.145%	$1.1M	$2.0M	10x	as long as short
Gate NOW_USDTlong	0.0000%	8h	137.85	long leg	$245K	$370K	20x
Bitget NOWUSDT	0.0000%	8h	137.95	+0.073%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.92	+0.051%	$1K	$402K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.94	+0.065%	$5K	$29K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.80	−0.036%	$5K	$173	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.415%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.69	−0.116%	—	—	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.63	−0.160%	$316K	$654K	20x	as long as short
Binance NOWUSDTshort	+0.0107%	8h	137.89	+0.029%	$1.8M	$1.5M	20x
Bybit NOWUSDT	+0.0145%	8h	137.87	+0.015%	$1.5M	$5.5M	25x	as long as short
tradeXYZ xyz:NOW	+0.0315%	1h	137.72	−0.094%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0465%	8h	137.96	+0.080%	$564	$155K	10x	as long as short