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−0.0147%/8h= −16.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.049%
Price spread now: Lighter against tradeXYZ+0.007%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 6 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 · Lighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NOW138.980.0179pay 0.0022% / 1h39m 16s$2.1M$228K10x
ShortLighter NOW138.990.0032get 0.0004% / 1h39m 16s$5K$1715x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$30.77
Price spread: +0.007% → 0.000%
$0.72
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
−$48.05
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 8 min ago; Lighter: 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, 8 min ago2.88 bp24.4 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: 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%8h138.89−0.065%$496K$232K20xas long as short
QFEX NOW-USD0.0000%1h138.96−0.014%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h139.05+0.050%$253K$346K20xas long as short
Bitget NOWUSDT0.0000%8h139.03+0.036%$770K$255K20xas long as short
SunX NOW-USDT0.0000%8h139.04+0.043%$964$349K10xas long as short
HTX NOW-USDT0.0000%8h139.02+0.029%$5K$36K20xas long as short
Lighter NOWshort+0.0032%1h138.99+0.007%$5K$1715x
Injective NOW/USDC PERP+0.0033%1h139.80+0.590%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h139.00+0.014%25xas long as short
Aster NOWUSDT+0.0067%8h139.29+0.221%$41K$99520xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.92−0.043%$319K$632K20xas long as short
tradeXYZ xyz:NOWlong+0.0179%1h138.98long leg$2.1M$228K10x
BloFin NOW-USDT+0.0184%8h139.12+0.101%$46K$18K20xas long as short
Bybit NOWUSDT+0.0197%8h139.06+0.058%$1.6M$1.2M25xas long as short
Binance NOWUSDT+0.0203%8h139.07+0.067%$1.8M$1.5M20xas long as short
GRVT NOW_USDT_Perp+0.0302%8h139.03+0.036%$356$143K10xas long as short