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: Bybit against Gate+0.029%7-day average +0.049% · you sell dearer than you buy
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 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.029%, 7d avg +0.049%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NOW_USDT137.760get 0.0000% / 8h1h 42m$249K$399K20x
ShortBybit NOWUSDT137.800get 0.0000% / 8h1h 42m$1.5M$5.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.029% → +0.049%
−$1.95
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$27.95
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 38 min ago; Bybit: live order book, 5 min ago. 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 Gate live order book, 38 min ago24.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.45 bp55.5 bp −$56154.3 bp −$1,543doesn'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−0.0019%8h137.78+0.015%$45K$17K20xas long as short
Aster NOWUSDT0.0000%8h137.80+0.028%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.81+0.036%$1.6M$1.3M20xas long as short
Bybit NOWUSDTshort0.0000%8h137.80+0.029%$1.5M$5.7M25x
OKX NOW-USDT-SWAP0.0000%8h137.88+0.087%$484K$196K20xas long as short
QFEX NOW-USD0.0000%1h137.68−0.058%$1.1M$2.0M10xas long as short
Gate NOW_USDTlong0.0000%8h137.76long leg$249K$399K20x
Bitget NOWUSDT0.0000%8h137.79+0.022%$761K$263K20xas long as short
GRVT NOW_USDT_Perp0.0000%8h137.82+0.044%$475$172K10xas long as short
SunX NOW-USDT0.0000%8h137.81+0.036%$575$443K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NOW-USDT0.0000%8h137.81+0.036%$5K$26K20xas long as short
Lighter NOW+0.0032%1h137.82+0.044%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.481%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.69−0.051%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.63−0.094%$317K$747K20xas long as short
tradeXYZ xyz:NOW+0.0284%1h137.75−0.007%$2.1M$198K10xas long as short