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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0146%/8h= −16.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.046%
Price spread now: Injective against tradeXYZ+0.597%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.597% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.597% now, against zero (this spread has no 7-day history yet)): +$60 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NOW138.970.0179pay 0.0022% / 1h41m 09s$2.1M$228K10x
ShortInjective NOW/USDC PERP139.800.0033get 0.0004% / 1h41m 09s$3K$10112x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$30.62
Price spread: +0.597% → 0.000%
$59.73
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$11.08
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 7 min ago; Injective: 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 tradeXYZ live order book, 7 min ago2.88 bp24.4 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 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%8h138.89−0.058%$496K$232K20xas long as short
QFEX NOW-USD0.0000%1h138.92−0.036%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h139.00+0.022%$253K$346K20xas long as short
Bitget NOWUSDT0.0000%8h139.01+0.029%$770K$255K20xas long as short
SunX NOW-USDT0.0000%8h139.04+0.050%$964$349K10xas long as short
HTX NOW-USDT0.0000%8h139.06+0.065%$5K$36K20xas long as short
Lighter NOW+0.0032%1h138.99+0.014%$5K$1715xas long as short
Injective NOW/USDC PERPshort+0.0033%1h139.80+0.597%$3K$10112x
Vest NOW-USD-PERP+0.0046%1h138.96−0.007%25xas long as short
Aster NOWUSDT+0.0070%8h139.44+0.336%$41K$99520xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.90−0.050%$320K$630K20xas long as short
tradeXYZ xyz:NOWlong+0.0179%1h138.97long leg$2.1M$228K10x
BloFin NOW-USDT+0.0184%8h139.12+0.108%$46K$18K20xas long as short
Bybit NOWUSDT+0.0202%8h139.06+0.065%$1.6M$1.3M25xas long as short
Binance NOWUSDT+0.0209%8h139.04+0.050%$1.8M$1.5M20xas long as short
GRVT NOW_USDT_Perp+0.0308%8h139.03+0.044%$361$143K10xas long as short