Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.011%

Price spread now: BloFin against Vest+0.189%105s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. BloFin is 0.189% dearer against Vest than usual: you sell high and buy low (spread +0.189% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOW-USD-PERP	137.70	0.0046	pay 0.0006% / 1h	19m 23s	—	—	25x
Short	BloFin NOW-USDT	137.96	0.0024	get 0.0024% / 8h	19m 23s	$45K	$17K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee BloFinbpOrdersPrice spread, now +0.189%Rate

Funding earned: −$4.54
Price spread: +0.189% → 0.000%: $18.88
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: $0.34
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; BloFin: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

Vest and BloFin: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NOW-USD	0.0000%	1h	137.69	−0.007%	$1.1M	$2.1M	10x	as long as short
Aster NOWUSDT	0.0000%	8h	137.91	+0.150%	$41K	$995	20x	as long as short
Binance NOWUSDT	0.0000%	8h	137.89	+0.138%	$1.6M	$1.3M	20x	as long as short
Bybit NOWUSDT	0.0000%	8h	137.82	+0.087%	$1.5M	$5.7M	25x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.87	+0.123%	$484K	$196K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	137.89	+0.138%	$251K	$397K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.88	+0.131%	$762K	$254K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.91	+0.153%	$731	$435K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.92	+0.160%	$5K	$28K	20x	as long as short
GRVT NOW_USDT_Perp	+0.0008%	8h	137.92	+0.159%	$404	$167K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NOW-USDTshort	+0.0024%	8h	137.96	+0.189%	$45K	$17K	20x
Lighter NOW	+0.0032%	1h	137.84	+0.102%	$5K	$173	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.525%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPlong	+0.0046%	1h	137.70	long leg	—	—	25x
KuCoin NOWUSDTM	+0.0100%	8h	137.66	−0.029%	$318K	$687K	20x	as long as short
tradeXYZ xyz:NOW	+0.0328%	1h	137.79	+0.065%	$2.1M	$201K	10x	as long as short