Funding you earn now, next payment 00:00 UTC+0.0270%/8h= +29.5% APRpaid last 24h +0.049%
Price spread now: tradeXYZ against Gate0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1671.670% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now 0.000%, 7d avg −0.011%
=Together, before fees+0.222%+ Points / potential airdroptradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| 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 | 44m 21s | $251K | $396K | 20x |
| Short | tradeXYZ xyz:NOW | 137.85 | 0.0270 | get 0.0034% / 1h | 44m 21s | $2.1M | $201K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $56.66
- Price spread: 0.000% → −0.011%
- $1.08
- Slippage, 4 orders
- −$133.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$109.25
- Costs to cover
- 1.670%
- Break-even
- 20.5 days
Slippage from Gate: live order book, 31 min ago; tradeXYZ: live order book, 3 min ago.
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, 31 min ago | 12.70 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 2.54 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NOW-USD | 0.0000% | 1h | 137.71 | −0.102% | $1.1M | $2.1M | 10x | as long as short |
| Aster NOWUSDT | 0.0000% | 8h | 137.89 | +0.031% | $41K | $995 | 20x | as long as short |
| Binance NOWUSDT | 0.0000% | 8h | 137.91 | +0.044% | $1.6M | $1.3M | 20x | as long as short |
| Bybit NOWUSDT | 0.0000% | 8h | 137.88 | +0.022% | $1.5M | $5.7M | 25x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.87 | +0.015% | $484K | $196K | 20x | as long as short |
| Gate NOW_USDTlong | 0.0000% | 8h | 137.85 | long leg | $251K | $396K | 20x | |
| Bitget NOWUSDT | 0.0000% | 8h | 137.87 | +0.015% | $762K | $274K | 20x | as long as short |
| GRVT NOW_USDT_Perp | 0.0000% | 8h | 137.88 | +0.025% | $587 | $169K | 10x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.92 | +0.051% | $874 | $436K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 137.89 | +0.029% | $5K | $27K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NOW-USDT | +0.0011% | 8h | 137.91 | +0.044% | $45K | $17K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.84 | −0.007% | $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 | 137.73 | −0.087% | — | — | 25x | as long as short |
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.73 | −0.087% | $318K | $711K | 20x | as long as short |
| tradeXYZ xyz:NOWshort | +0.0270% | 1h | 137.85 | 0.000% | $2.1M | $201K | 10x |
Gate NOW_USDT
tradeXYZ xyz:NOW
Aster NOWUSDT
Binance NOWUSDT
Bybit NOWUSDT
OKX NOW-USDT-SWAP
Bitget NOWUSDT
GRVT NOW_USDT_Perp
SunX NOW-USDT
HTX NOW-USDT
BloFin NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
KuCoin NOWUSDTM