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

NOW

RWAall NOW markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 10:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.061%
Price spread now: tradeXYZ against OKX−0.021%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$800.797% of the position
Long on OKXShort on tradeXYZ
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 4 days (all we have)−0.265%−$27 · spread now −0.021%, 7d avg −0.027%
Together, before fees+0.012%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NOW-USDT-SWAP140.830get 0.0000% / 8h6h 57m$517K$241K20x
ShorttradeXYZ xyz:NOW140.800.0276get 0.0035% / 1h57m 07s$2.1M$243K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$57.99
Price spread: −0.021% → −0.027%
$0.61
Slippage, 4 orders
−$51.74
Fee OKX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$21.15
Costs to cover
0.797%
Break-even
9.6 days
Slippage from OKX: live order book, 34 min ago; tradeXYZ: live order book, 1 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, 34 min ago5.32 bp13.0 bp −$13768.0 bp −$7,680doesn't fitdoesn't fit
Sell tradeXYZ live order book, 1 min ago3.20 bp18.5 bp −$19doesn'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
OKX NOW-USDT-SWAPlong0.0000%8h140.83long leg$517K$241K20x
QFEX NOW-USD0.0000%1h140.68−0.107%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h140.81−0.014%$246K$340K20xas long as short
Bitget NOWUSDT0.0000%8h140.69−0.099%$817K$281K20xas long as short
SunX NOW-USDT0.0000%8h140.89+0.043%$926$297K10xas long as short
HTX NOW-USDT0.0000%8h140.94+0.078%$5K$37K20xas long as short
Lighter NOW+0.0032%1h140.84+0.007%$5K$3095xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−0.731%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.76−0.050%——25xas long as short
Aster NOWUSDT+0.0092%8h141.19+0.257%$42K$85920xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h140.69−0.099%$316K$702K20xas long as short
Binance NOWUSDT+0.0185%8h140.89+0.043%$1.9M$1.5M20xas long as short
BloFin NOW-USDT+0.0201%8h140.90+0.050%$46K$19K20xas long as short
tradeXYZ xyz:NOWshort+0.0276%1h140.80−0.021%$2.1M$243K10x
Bybit NOWUSDT+0.0323%8h140.90+0.050%$1.6M$286K25xas long as short
GRVT NOW_USDT_Perp+0.0369%8h140.57−0.184%$6$124K10xas long as short