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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0239%/8h= −26.2% APRpaid last 24h −0.057%
Price spread now: Gate against tradeXYZ+0.029%7-day average +0.013% · you sell dearer than you buy
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 7 days−0.279%−$28 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.029%, 7d avg +0.013%
Together, before fees−0.265%+ Points / potential airdroptradeXYZ: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NOW138.850.0239pay 0.0030% / 1h4m 55s$2.1M$227K10x
ShortGate NOW_USDT138.890get 0.0000% / 8h2h 04m$253K$350K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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
−$50.25
Price spread: +0.029% → +0.013%
$1.58
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$81.67
Costs to cover
0.330%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 2 min ago; Gate: live order book, 40 min ago. 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 tradeXYZ live order book, 2 min ago3.60 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 40 min ago9.76 bp184.5 bp −$184doesn't fitdoesn'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%8h138.850.000%$495K$232K20xas long as short
QFEX NOW-USD0.0000%1h138.80−0.036%$1.1M$1.4M10xas long as short
Gate NOW_USDTshort0.0000%8h138.89+0.029%$253K$350K20x
Bitget NOWUSDT0.0000%8h138.82−0.022%$769K$254K20xas long as short
SunX NOW-USDT0.0000%8h138.92+0.050%$1K$353K10xas long as short
HTX NOW-USDT0.0000%8h138.77−0.058%$5K$35K20xas long as short
Lighter NOW+0.0032%1h138.82−0.022%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.684%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.83−0.014%25xas long as short
Aster NOWUSDT+0.0050%8h139.09+0.172%$41K$99520xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.74−0.079%$319K$632K20xas long as short
Binance NOWUSDT+0.0206%8h138.90+0.036%$1.8M$1.5M20xas long as short
BloFin NOW-USDT+0.0212%8h138.93+0.058%$45K$18K20xas long as short
Bybit NOWUSDT+0.0233%8h138.850.000%$1.6M$1.6M25xas long as short
tradeXYZ xyz:NOWlong+0.0239%1h138.85long leg$2.1M$227K10x
GRVT NOW_USDT_Perp+0.0317%8h138.94+0.065%$581$144K10xas long as short