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+0.0400%/8h= +43.8% APRnext payment +$4.00 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against HTX+0.042%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 fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GRVT is 0.042% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NOW-USDT137.930get 0.0000% / 8h4h 25m$5K$32K20x
ShortGRVT NOW_USDT_Perp137.990.0400get 0.0400% / 8h4h 25m$533$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$84
Price spread: +0.042% → 0.000%
$4.25
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$67.25
Costs to cover
0.210%
Break-even
1.4 days
Slippage unknown: HTX: no order-book sample; GRVT: live order book, 28 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 GRVT live order book, 28 min ago3.26 bp20.3 bp −$20doesn't fitdoesn'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%1h137.80−0.094%$1.1M$1.6M10xas long as short
Aster NOWUSDT0.0000%8h138.20+0.192%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87−0.044%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.96+0.022%$248K$352K20xas long as short
Bitget NOWUSDT0.0000%8h137.92−0.007%$781K$233K20xas long as short
SunX NOW-USDT0.0000%8h137.97+0.029%$611$383K10xas long as short
HTX NOW-USDTlong0.0000%8h137.93long leg$5K$32K20x
Lighter NOW+0.0032%1h137.86−0.051%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.356%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.81−0.087%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.79−0.102%$317K$620K20xas long as short
BloFin NOW-USDT+0.0168%8h138.06+0.094%$46K$17K20xas long as short
Binance NOWUSDT+0.0171%8h137.97+0.031%$1.8M$1.4M20xas long as short
Bybit NOWUSDT+0.0244%8h137.99+0.044%$1.6M$4.0M25xas long as short
tradeXYZ xyz:NOW+0.0288%1h137.89−0.029%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perpshort+0.0400%8h137.99+0.042%$533$149K10x