Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against OKX−0.029%48s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.029% cheaper against OKX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$1 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NOW-USDT-SWAP	137.87	0	get 0.0000% / 8h	4h 16m	$491K	$227K	20x
Short	Vest NOW-USD-PERP	137.83	0.0046	get 0.0006% / 1h	16m 37s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee OKXbpFee VestbpOrdersPrice spread, now −0.029%Rate

Funding earned: $9.59
Price spread: −0.029% → 0.000%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$5.31
Costs to cover: 0.120%
Break-even: 10.9 days

Slippage unknown: OKX: live order book, 39 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 39 min ago	4.71 bp	23.7 bp −$24	1533.5 bp −$15.3K	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NOW-USD	0.0000%	1h	137.82	−0.036%	$1.1M	$1.6M	10x	as long as short
Aster NOWUSDT	0.0000%	8h	138.37	+0.365%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAPlong	0.0000%	8h	137.87	long leg	$491K	$227K	20x
Gate NOW_USDT	0.0000%	8h	138.00	+0.094%	$248K	$352K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.93	+0.044%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.99	+0.087%	$920	$384K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.87	0.000%	$5K	$32K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	+0.029%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.400%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPshort	+0.0046%	1h	137.83	−0.029%	—	—	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.78	−0.065%	$316K	$620K	20x	as long as short
Binance NOWUSDT	+0.0172%	8h	138.02	+0.108%	$1.8M	$1.4M	20x	as long as short
BloFin NOW-USDT	+0.0188%	8h	137.99	+0.087%	$46K	$17K	20x	as long as short
Bybit NOWUSDT	+0.0228%	8h	138.01	+0.102%	$1.6M	$3.9M	25x	as long as short
tradeXYZ xyz:NOW	+0.0300%	1h	137.90	+0.022%	$2.1M	$226K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0400%	8h	138.01	+0.102%	$522	$149K	10x	as long as short