NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h +0.036%

Price spread now: tradeXYZ against Injective−1.416%74s7-day average — · you buy dearer than you sell

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

Long on Injective Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 1.416% cheaper against Injective than usual: you would sell low and buy high (spread −1.416% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$142 on $10k: about 22 days of funding at the current rate (+$6 a day). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective NOW/USDC PERP	139.80	0.0033	pay 0.0004% / 1h	24m 00s	$3K	$101	12x
Short	tradeXYZ xyz:NOW	137.82	0.0246	get 0.0031% / 1h	24m 00s	$2.1M	$200K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Injective. 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 InjectivebpFee tradeXYZbpOrdersPrice spread, now −1.416%Rate

Funding earned: $44.75
Price spread: −1.416% → 0.000%: −$141.63
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$114.91
Costs to cover: 0.180%
Break-even: 25.0 days

Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 4 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 Injective no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 4 min ago	2.18 bp	13.5 bp −$14	doesn't fit	doesn't fit	doesn't fit

Injective: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NOW-USDT	−0.0020%	8h	137.84	−1.402%	$45K	$17K	20x	as long as short
Aster NOWUSDT	0.0000%	8h	137.86	−1.385%	$41K	$995	20x	as long as short
Binance NOWUSDT	0.0000%	8h	137.92	−1.347%	$1.6M	$1.3M	20x	as long as short
Bybit NOWUSDT	0.0000%	8h	137.91	−1.352%	$1.5M	$5.7M	25x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.87	−1.381%	$484K	$196K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.80	−1.431%	$1.1M	$2.1M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.81	−1.423%	$250K	$405K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.85	−1.395%	$762K	$263K	20x	as long as short
GRVT NOW_USDT_Perp	0.0000%	8h	137.82	−1.416%	$222	$170K	10x	as long as short
SunX NOW-USDT	0.0000%	8h	137.85	−1.395%	$751	$439K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOW-USDT	0.0000%	8h	137.87	−1.381%	$5K	$26K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.81	−1.423%	$5K	$173	5x	as long as short
Injective NOW/USDC PERPlong	+0.0033%	1h	139.80	long leg	$3K	$101	12x
Vest NOW-USD-PERP	+0.0046%	1h	137.81	−1.423%	—	—	25x	as long as short
KuCoin NOWUSDTM	+0.0100%	8h	137.73	−1.481%	$317K	$739K	20x	as long as short
tradeXYZ xyz:NOWshort	+0.0246%	1h	137.82	−1.416%	$2.1M	$200K	10x