Funding you earn now, next payment 02:00 UTC+0.0323%/8h= +35.3% APRpaid last 24h +0.047%
Price spread now: tradeXYZ against SunX−0.072%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2442.437% of the position
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 3 days (all we have)−0.107%−$11 · spread now −0.072%, 7d avg −0.070%
=Together, before fees+0.163%+ Points / potential airdroptradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NOW-USDT | 138.02 | 0 | get 0.0000% / 8h | 6h 39m | $1K | $407K | 10x |
| Short | tradeXYZ xyz:NOW | 137.92 | 0.0323 | get 0.0040% / 1h | 39m 23s | $2.1M | $229K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $67.78
- Price spread: −0.072% → −0.070%
- −$0.29
- Slippage, 4 orders
- −$217.71
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$176.21
- Costs to cover
- 2.437%
- Break-even
- 25.2 days
Slippage from SunX: live order book, 1 min ago; tradeXYZ: live order book, 8 min ago.
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 SunX live order book, 1 min ago | 81.14 bp | 99.4 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 3.26 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOWUSDT | 0.0000% | 8h | 138.41 | +0.283% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 138.08 | +0.043% | $486K | $225K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.87 | −0.109% | $1.1M | $2.0M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 138.00 | −0.014% | $245K | $370K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.97 | −0.036% | $781K | $232K | 20x | as long as short |
| SunX NOW-USDTlong | 0.0000% | 8h | 138.02 | long leg | $1K | $407K | 10x | |
| HTX NOW-USDT | 0.0000% | 8h | 138.07 | +0.036% | $5K | $29K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.97 | −0.036% | $5K | $173 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.290% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.89 | −0.094% | — | — | 25x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NOWUSDT | +0.0099% | 8h | 138.03 | +0.011% | $1.8M | $1.5M | 20x | as long as short |
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.81 | −0.152% | $316K | $651K | 20x | as long as short |
| Bybit NOWUSDT | +0.0109% | 8h | 137.99 | −0.022% | $1.5M | $5.7M | 25x | as long as short |
| BloFin NOW-USDT | +0.0110% | 8h | 138.12 | +0.072% | $46K | $17K | 20x | as long as short |
| tradeXYZ xyz:NOWshort | +0.0323% | 1h | 137.92 | −0.072% | $2.1M | $229K | 10x | |
| GRVT NOW_USDT_Perp | +0.0554% | 8h | 138.07 | +0.036% | $587 | $155K | 10x | as long as short |
SunX NOW-USDT
tradeXYZ xyz:NOW
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Binance NOWUSDT
KuCoin NOWUSDTM
Bybit NOWUSDT
BloFin NOW-USDT
GRVT NOW_USDT_Perp