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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against QFEX+0.057%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.609% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.057%, 7d avg +0.057%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NOW-USD139.460get 0.0000% / 1h57m 01s$1.1M$1.5M10x
ShortBitget NOWUSDT139.540get 0.0000% / 8h7h 57m$778K$258K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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: +0.057% → +0.057%
$0.07
Slippage, 4 orders
−$38.85
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.78
Costs to cover
0.609%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; Bitget: live order book, 38 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 QFEX live order book, 5 min ago2.51 bp14.2 bp −$1424.8 bp −$248doesn't fitdoesn't fit
Sell Bitget live order book, 38 min ago6.46 bp14.5 bp −$1440.2 bp −$402doesn'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-SWAP0.0000%8h139.83+0.265%$509K$254K20xas long as short
QFEX NOW-USDlong0.0000%1h139.46long leg$1.1M$1.5M10x
Gate NOW_USDT0.0000%8h139.72+0.186%$254K$304K20xas long as short
Bitget NOWUSDTshort0.0000%8h139.54+0.057%$778K$258K20x
SunX NOW-USDT0.0000%8h139.71+0.179%$1K$325K10xas long as short
HTX NOW-USDT0.0000%8h139.50+0.029%$5K$36K20xas long as short
Lighter NOW+0.0032%1h139.65+0.136%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.244%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h139.53+0.050%25xas long as short
Aster NOWUSDT+0.0079%8h140.19+0.522%$42K$85920xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h139.55+0.065%$318K$660K20xas long as short
BloFin NOW-USDT+0.0148%8h139.76+0.215%$46K$18K20xas long as short
Binance NOWUSDT+0.0158%8h139.77+0.221%$1.9M$1.5M20xas long as short
tradeXYZ xyz:NOW+0.0460%1h139.45−0.007%$2.1M$236K10xas long as short
Bybit NOWUSDT+0.0797%8h139.74+0.201%$1.6M$295K25xas long as short
GRVT NOW_USDT_Perp+0.0877%8h139.67+0.152%$187$138K10xas long as short