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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.030%
Price spread now: QFEX against KuCoin+0.051%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,072as in the Price arb table
costs, in and out, $10k−$1,07410.739% of the position
Long on KuCoinShort on QFEX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.049%+$5 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.051%, 7d avg +0.036%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOWUSDTM137.660.0100pay 0.0100% / 8h17m 09s$319K$684K20x
ShortQFEX NOW-USD137.730.0000pay 0.0000% / 1h17m 09s$1.1M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$21.1
Price spread: +0.051% → +0.036%
$1.49
Slippage, 4 orders
−$1,051.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$1,093.47
Costs to cover
10.739%
Break-even
never at this rate
Slippage from KuCoin: live order book, 47 min ago; QFEX: live order book, 5 min ago.

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 ago14.18 bp280.1 bp −$280doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago152.52 bp159.0 bp −$159165.2 bp −$1,652doesn't fitdoesn't fit

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-USDT−0.0005%8h137.95+0.211%$45K$17K20xas long as short
QFEX NOW-USDshort0.0000%1h137.73+0.051%$1.1M$2.1M10x
Aster NOWUSDT0.0000%8h137.90+0.172%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.89+0.167%$1.6M$1.3M20xas long as short
Bybit NOWUSDT0.0000%8h137.82+0.116%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87+0.153%$484K$196K20xas long as short
Gate NOW_USDT0.0000%8h137.89+0.167%$251K$397K20xas long as short
Bitget NOWUSDT0.0000%8h137.88+0.160%$762K$254K20xas long as short
SunX NOW-USDT0.0000%8h137.91+0.182%$731$435K10xas long as short
HTX NOW-USDT0.0000%8h137.89+0.167%$5K$28K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NOW_USDT_Perp+0.0014%8h137.92+0.189%$404$167K10xas long as short
Lighter NOW+0.0032%1h137.84+0.131%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.555%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.73+0.051%——25xas long as short
KuCoin NOWUSDTMlong+0.0100%8h137.66long leg$319K$684K20x
tradeXYZ xyz:NOW+0.0318%1h137.79+0.094%$2.1M$201K10xas long as short