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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0236%/8h= +25.8% APRnext payment +$2.36 per $10,000 · paid last 24h +0.010%
Price spread now: BloFin against SunX−0.043%115s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.043% cheaper against SunX than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$7 a day). The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOW-USDT140.600get 0.0000% / 8h6h 19m$780$281K10x
ShortBloFin NOW-USDT140.540.0236get 0.0236% / 8h6h 19m$46K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$49.47
Price spread: −0.043% → 0.000%
−$4.27
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$25.2
Costs to cover
0.200%
Break-even
3.4 days
Slippage unknown: SunX: live order book, 24 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 24 min ago46.54 bp64.9 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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 exchanges

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%8h140.44−0.114%$514K$252K20xas long as short
QFEX NOW-USD0.0000%1h140.30−0.213%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h140.45−0.107%$242K$349K20xas long as short
Bitget NOWUSDT0.0000%8h140.43−0.121%$819K$283K20xas long as short
SunX NOW-USDTlong0.0000%8h140.60long leg$780$281K10x
HTX NOW-USDT0.0000%8h140.61+0.007%$5K$37K20xas long as short
Lighter NOW+0.0032%1h140.49−0.078%$5K$3095xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−0.569%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.38−0.156%25xas long as short
KuCoin NOWUSDTM+0.0100%8h140.52−0.057%$311K$739K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOWUSDT+0.0108%8h140.35−0.179%$41K$4K20xas long as short
Binance NOWUSDT+0.0210%8h140.61+0.009%$1.9M$1.5M20xas long as short
BloFin NOW-USDTshort+0.0236%8h140.54−0.043%$46K$19K20x
tradeXYZ xyz:NOW+0.0364%1h140.47−0.092%$2.1M$244K10xas long as short
Bybit NOWUSDT+0.0373%8h140.52−0.057%$1.6M$236K25xas long as short
GRVT NOW_USDT_Perp+0.0522%8h140.59−0.007%$4$120K10xas long as short