Funding you earn now, next payment 04:00 UTC−0.0083%/8h= −9.1% APRpaid last 24h −0.052%
Price spread now: Bybit against tradeXYZ+0.065%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
Funding, last 7 days−0.276%−$28 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.065%, 7d avg +0.066%
=Together, before fees−0.250%+ Points / potential airdroptradeXYZ: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$2 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 | 137.90 | 0.0302 | pay 0.0038% / 1h | 13m 19s | $2.1M | $226K | 10x |
| Short | Bybit NOWUSDT | 137.99 | 0.0219 | get 0.0219% / 8h | 4h 13m | $1.6M | $3.8M | 25x |
tradeXYZ xyz:NOW
Bybit NOWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$17.42
- Price spread: +0.065% → +0.066%
- −$0.11
- Slippage, 4 orders
- −$102
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$148.53
- Costs to cover
- 1.310%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 2.54 bp | 23.8 bp −$24 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.90 bp | 49.6 bp −$50 | 161.3 bp −$1,613 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NOW-USD | 0.0000% | 1h | 137.82 | −0.058% | $1.1M | $1.6M | 10x | as long as short |
| Aster NOWUSDT | 0.0000% | 8h | 138.24 | +0.247% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.87 | −0.022% | $491K | $227K | 20x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.97 | +0.051% | $248K | $352K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.93 | +0.022% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 137.99 | +0.065% | $1K | $385K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 137.91 | +0.007% | $5K | $32K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.91 | +0.007% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.378% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.83 | −0.051% | — | — | 25x | as long as short |
QFEX NOW-USD
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.79 | −0.080% | $316K | $619K | 20x | as long as short |
| BloFin NOW-USDT | +0.0145% | 8h | 138.03 | +0.094% | $46K | $17K | 20x | as long as short |
| Binance NOWUSDT | +0.0172% | 8h | 137.99 | +0.065% | $1.8M | $1.4M | 20x | as long as short |
| Bybit NOWUSDTshort | +0.0219% | 8h | 137.99 | +0.065% | $1.6M | $3.8M | 25x | |
| tradeXYZ xyz:NOWlong | +0.0302% | 1h | 137.90 | long leg | $2.1M | $226K | 10x | |
| GRVT NOW_USDT_Perp | +0.0393% | 8h | 138.01 | +0.080% | $522 | $149K | 10x | as long as short |
KuCoin NOWUSDTM
BloFin NOW-USDT
Binance NOWUSDT
GRVT NOW_USDT_Perp