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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against KuCoin+0.203%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 pays, funding is against you. HTX is 0.203% dearer against KuCoin than usual: you sell high and buy low (spread +0.203% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOWUSDTM137.790.0100pay 0.0100% / 8h4h 36m$317K$618K20x
ShortHTX NOW-USDT138.070get 0.0000% / 8h4h 36m$5K$32K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21
Price spread: +0.203% → 0.000%
$20.32
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$24.68
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 47 min ago; HTX: 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, 47 min ago10.54 bp5889.1 bp −$5,889doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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%1h137.81+0.015%$1.1M$1.7M10xas long as short
Aster NOWUSDT0.0000%8h138.28+0.356%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.00+0.152%$492K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.95+0.116%$248K$351K20xas long as short
Bitget NOWUSDT0.0000%8h137.92+0.094%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.98+0.138%$530$386K10xas long as short
HTX NOW-USDTshort0.0000%8h138.07+0.203%$5K$32K20x
Lighter NOW+0.0032%1h137.91+0.087%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.459%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.83+0.029%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTMlong+0.0100%8h137.79long leg$317K$618K20x
Binance NOWUSDT+0.0188%8h138.00+0.150%$1.8M$1.4M20xas long as short
BloFin NOW-USDT+0.0195%8h138.05+0.189%$46K$17K20xas long as short
Bybit NOWUSDT+0.0261%8h138.07+0.203%$1.6M$4.3M25xas long as short
tradeXYZ xyz:NOW+0.0278%1h137.88+0.065%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0452%8h138.02+0.167%$552$149K10xas long as short