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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0301%/8h= +33.0% APRnext payment +$0.38 per $10,000 · paid last 24h +0.041%
Price spread now: tradeXYZ against Vest+0.022%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and tradeXYZ is 0.022% dearer against Vest than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NOW-USD-PERP137.850.0046pay 0.0006% / 1h40m 15s25x
ShorttradeXYZ xyz:NOW137.880.0347get 0.0043% / 1h40m 15s$2.1M$224K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$63.3
Price spread: +0.022% → 0.000%
$2.18
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$45.48
Costs to cover
0.200%
Break-even
2.0 days
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 7 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 Vest no order-book sample
Sell tradeXYZ live order book, 7 min ago3.26 bp17.6 bp −$18doesn't fitdoesn't fitdoesn't fit
Vest: 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
Aster NOWUSDT0.0000%8h138.80+0.691%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.92+0.051%$491K$226K20xas long as short
QFEX NOW-USD0.0000%1h137.84−0.007%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h137.87+0.015%$248K$351K20xas long as short
Bitget NOWUSDT0.0000%8h137.98+0.094%$786K$237K20xas long as short
SunX NOW-USDT0.0000%8h138.13+0.203%$1K$379K10xas long as short
HTX NOW-USDT0.0000%8h138.07+0.160%$5K$33K20xas long as short
Lighter NOW+0.0032%1h137.98+0.094%$5K$1845xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.415%$3K$10112xas long as short
Vest NOW-USD-PERPlong+0.0046%1h137.85long leg25x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.86+0.007%$317K$636K20xas long as short
Binance NOWUSDT+0.0210%8h138.05+0.145%$1.8M$1.4M20xas long as short
Bybit NOWUSDT+0.0214%8h138.02+0.123%$1.6M$3.2M25xas long as short
BloFin NOW-USDT+0.0214%8h138.10+0.181%$46K$17K20xas long as short
tradeXYZ xyz:NOWshort+0.0347%1h137.88+0.022%$2.1M$224K10x
GRVT NOW_USDT_Perp+0.0422%8h138.08+0.167%$355$147K10xas long as short