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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0130%/8h= −14.2% APRnext payment $1.30 per $10,000 · paid last 24h −0.028%
Price spread now: BloFin against KuCoin+0.167%50s7-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 pays, funding is against you. BloFin is 0.167% dearer against KuCoin than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.3 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOWUSDTM137.640.0100pay 0.0100% / 8h1h 46m$317K$748K20x
ShortBloFin NOW-USDT137.87−0.0030pay 0.0030% / 8h1h 46m$45K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
−$27.27
Price spread: +0.167% → 0.000%
$16.71
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$34.56
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 27 min ago; BloFin: no order-book sample. 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 KuCoin live order book, 27 min ago17.09 bp252.8 bp −$253doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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
BloFin NOW-USDTshort−0.0030%8h137.87+0.167%$45K$17K20x
Aster NOWUSDT0.0000%8h137.80+0.119%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.80+0.117%$1.6M$1.3M20xas long as short
Bybit NOWUSDT0.0000%8h137.79+0.109%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.88+0.174%$484K$196K20xas long as short
QFEX NOW-USD0.0000%1h137.68+0.029%$1.1M$2.0M10xas long as short
Gate NOW_USDT0.0000%8h137.74+0.073%$249K$399K20xas long as short
Bitget NOWUSDT0.0000%8h137.76+0.087%$761K$262K20xas long as short
GRVT NOW_USDT_Perp0.0000%8h137.81+0.125%$8$172K10xas long as short
SunX NOW-USDT0.0000%8h137.78+0.102%$557$443K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NOW-USDT0.0000%8h137.85+0.153%$5K$25K20xas long as short
Lighter NOW+0.0032%1h137.80+0.116%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.569%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.69+0.036%25xas long as short
KuCoin NOWUSDTMlong+0.0100%8h137.64long leg$317K$748K20x
tradeXYZ xyz:NOW+0.0293%1h137.75+0.080%$2.1M$198K10xas long as short