Funding you earn now, next payment 23:00 UTC−0.0246%/8h= −27.0% APRpaid last 24h −0.048%
Price spread now: Binance against tradeXYZ+0.070%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 2 days (all we have)−0.019%−$2 · spread now +0.070%, 7d avg +0.056%
=Together, before fees−0.256%+ Points / potential airdroptradeXYZ: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NOW | 137.82 | 0.0246 | pay 0.0031% / 1h | 24m 05s | $2.1M | $200K | 10x |
| Short | Binance NOWUSDT | 137.92 | 0 | get 0.0000% / 8h | 1h 24m | $1.6M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$51.75
- Price spread: +0.070% → +0.056%
- $1.43
- Slippage, 4 orders
- −$22.88
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$101.19
- Costs to cover
- 0.509%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Binance: live order book, 9 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 tradeXYZ live order book, 4 min ago | 2.18 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.81 bp | 10.3 bp −$10 | 50.1 bp −$501 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NOW-USDT | −0.0020% | 8h | 137.84 | +0.015% | $45K | $17K | 20x | as long as short |
| Aster NOWUSDT | 0.0000% | 8h | 137.86 | +0.031% | $41K | $995 | 20x | as long as short |
| Binance NOWUSDTshort | 0.0000% | 8h | 137.92 | +0.070% | $1.6M | $1.3M | 20x | |
| Bybit NOWUSDT | 0.0000% | 8h | 137.91 | +0.065% | $1.5M | $5.7M | 25x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.87 | +0.036% | $484K | $196K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.80 | −0.015% | $1.1M | $2.1M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.81 | −0.007% | $250K | $405K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.85 | +0.022% | $762K | $263K | 20x | as long as short |
| GRVT NOW_USDT_Perp | 0.0000% | 8h | 137.82 | 0.000% | $222 | $170K | 10x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.85 | +0.022% | $751 | $439K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NOW-USDT | 0.0000% | 8h | 137.87 | +0.036% | $5K | $26K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.81 | −0.007% | $5K | $173 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.437% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.81 | −0.007% | — | — | 25x | as long as short |
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.73 | −0.065% | $317K | $739K | 20x | as long as short |
| tradeXYZ xyz:NOWlong | +0.0246% | 1h | 137.82 | long leg | $2.1M | $200K | 10x |
tradeXYZ xyz:NOW
Binance NOWUSDT
BloFin NOW-USDT
Aster NOWUSDT
Bybit NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
GRVT NOW_USDT_Perp
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
KuCoin NOWUSDTM