NOW

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: SunX against KuCoin+0.087%7-day average +0.142% · you sell dearer than you buy

Net, funding: paid 7d − costs−$7,297as in the Funding arb table

Net, price: spread back to 7d avg − costs−$7,296as in the Price arb table

costs, in and out, $10k−$7,29172.908% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 3 days (all we have)+0.186%+$19 · spread now +0.087%, 7d avg +0.142%

Together, before fees+0.125%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.055% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.142%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOWUSDTM	138.06	0.0100	pay 0.0100% / 8h	7h 02m	$317K	$657K	20x
Short	SunX NOW-USDT	138.18	0	get 0.0000% / 8h	7h 02m	$959	$410K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$21
Price spread: +0.087% → +0.142%: −$5.53
Slippage, 4 orders: −$7,270.82
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$7,317.35
Costs to cover: 72.908%
Break-even: never at this rate

Slippage from KuCoin: live order book, 51 min ago; SunX: live order book, 48 min ago.

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 KuCoin live order book, 51 min ago	11.63 bp	7076.7 bp −$7,077	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 48 min ago	47.48 bp	66.2 bp −$66	doesn't fit	doesn't fit	doesn't fit

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
Aster NOWUSDT	0.0000%	8h	138.37	+0.225%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	138.26	+0.145%	$499K	$212K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.94	−0.087%	$1.1M	$2.1M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.21	+0.109%	$245K	$381K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	138.19	+0.094%	$781K	$240K	20x	as long as short
SunX NOW-USDTshort	0.0000%	8h	138.18	+0.087%	$959	$410K	10x
HTX NOW-USDT	0.0000%	8h	138.21	+0.109%	$5K	$29K	20x	as long as short
Lighter NOW	+0.0032%	1h	138.08	+0.014%	$5K	$173	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.260%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	138.01	−0.036%	—	—	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NOWUSDT	+0.0068%	8h	138.17	+0.080%	$1.5M	$5.7M	25x	as long as short
BloFin NOW-USDT	+0.0087%	8h	138.37	+0.225%	$45K	$17K	20x	as long as short
KuCoin NOWUSDTMlong	+0.0100%	8h	138.06	long leg	$317K	$657K	20x
Binance NOWUSDT	+0.0104%	8h	138.22	+0.116%	$1.8M	$1.5M	20x	as long as short
tradeXYZ xyz:NOW	+0.0246%	1h	138.02	−0.029%	$2.1M	$231K	10x	as long as short
GRVT NOW_USDT_Perp	+0.1005%	8h	138.40	+0.244%	$228	$157K	10x	as long as short