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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−0.015%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1731.729% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.015%, 7d avg −0.011%
Together, before fees−0.015%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NOW-USDT-SWAP137.870get 0.0000% / 8h50m 54s$484K$196K20x
ShortGate NOW_USDT137.850get 0.0000% / 8h50m 54s$251K$396K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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
$0
Price spread: −0.015% → −0.011%
−$0.36
Slippage, 4 orders
−$147.86
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$173.22
Costs to cover
1.729%
Break-even
never at this rate
Slippage from OKX: live order book, 25 min ago; Gate: live order book, 25 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 OKX live order book, 25 min ago11.25 bp18.7 bp −$191422.3 bp −$14.2Kdoesn't fitdoesn't fit
Sell Gate live order book, 25 min ago12.70 bp76.7 bp −$77doesn't fitdoesn'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
QFEX NOW-USD0.0000%1h137.72−0.109%$1.1M$2.1M10xas long as short
Aster NOWUSDT0.0000%8h137.86−0.008%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.83−0.029%$1.6M$1.3M20xas long as short
Bybit NOWUSDT0.0000%8h137.80−0.051%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAPlong0.0000%8h137.87long leg$484K$196K20x
Gate NOW_USDTshort0.0000%8h137.85−0.015%$251K$396K20x
Bitget NOWUSDT0.0000%8h137.86−0.007%$762K$275K20xas long as short
GRVT NOW_USDT_Perp0.0000%8h137.83−0.029%$587$169K10xas long as short
SunX NOW-USDT0.0000%8h137.85−0.015%$806$436K10xas long as short
HTX NOW-USDT0.0000%8h137.870.000%$5K$27K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NOW-USDT+0.0006%8h137.84−0.022%$45K$17K20xas long as short
Lighter NOW+0.0032%1h137.84−0.022%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.400%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.73−0.102%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.72−0.109%$317K$716K20xas long as short
tradeXYZ xyz:NOW+0.0314%1h137.78−0.065%$2.1M$200K10xas long as short