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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.8% APRnext payment +$1.71 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX0.000%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NOW-USDT138.060get 0.0000% / 8h3h 59m$5K$32K20x
ShortBybit NOWUSDT138.060.0171get 0.0171% / 8h3h 59m$1.6M$3.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$35.99
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$12.99
Costs to cover
0.230%
Break-even
4.5 days
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 3 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 HTX no order-book sample
Sell Bybit live order book, 3 min ago2.54 bp52.6 bp −$53155.8 bp −$1,558doesn't fitdoesn't fit
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NOW-USD0.0000%1h137.82−0.174%$1.1M$1.6M10xas long as short
Aster NOWUSDT0.0000%8h139.21+0.832%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87−0.138%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.97−0.065%$248K$347K20xas long as short
Bitget NOWUSDT0.0000%8h137.96−0.072%$781K$235K20xas long as short
SunX NOW-USDT0.0000%8h138.04−0.014%$1K$380K10xas long as short
HTX NOW-USDTlong0.0000%8h138.06long leg$5K$32K20x
Lighter NOW+0.0032%1h137.94−0.087%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.260%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.83−0.167%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.80−0.188%$317K$632K20xas long as short
Bybit NOWUSDTshort+0.0171%8h138.060.000%$1.6M$3.5M25x
Binance NOWUSDT+0.0182%8h138.07+0.011%$1.8M$1.4M20xas long as short
BloFin NOW-USDT+0.0205%8h138.04−0.014%$46K$17K20xas long as short
GRVT NOW_USDT_Perp+0.0390%8h138.03−0.020%$377$150K10xas long as short
tradeXYZ xyz:NOW+0.0426%1h137.93−0.094%$2.1M$226K10xas long as short