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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.3% APRnext payment +$2.13 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Aster−0.578%62s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. BloFin is 0.578% cheaper against Aster than usual: you would sell low and buy high (spread −0.578% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$58 on $10k: about 9.1 days of funding at the current rate (+$6 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT138.700get 0.0000% / 8h5h 26m$41K$99520x
ShortBloFin NOW-USDT137.900.0213get 0.0213% / 8h5h 26m$46K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$44.69
Price spread: −0.578% → 0.000%
−$57.8
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$33.11
Costs to cover
0.200%
Break-even
12.2 days
Slippage unknown: Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell BloFin no order-book sample
Aster 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOWUSDTlong0.0000%8h138.70long leg$41K$99520x
OKX NOW-USDT-SWAP0.0000%8h137.78−0.664%$488K$228K20xas long as short
QFEX NOW-USD0.0000%1h137.69−0.729%$1.1M$1.9M10xas long as short
Gate NOW_USDT0.0000%8h137.87−0.600%$248K$370K20xas long as short
Bitget NOWUSDT0.0000%8h137.84−0.621%$780K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.94−0.549%$833$386K10xas long as short
HTX NOW-USDT0.0000%8h138.02−0.491%$5K$31K20xas long as short
Lighter NOW+0.0032%1h137.84−0.621%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.792%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.71−0.715%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.70−0.722%$316K$644K20xas long as short
Bybit NOWUSDT+0.0199%8h137.86−0.607%$1.6M$4.9M25xas long as short
Binance NOWUSDT+0.0210%8h137.86−0.607%$1.8M$1.4M20xas long as short
BloFin NOW-USDTshort+0.0213%8h137.90−0.578%$46K$17K20x
tradeXYZ xyz:NOW+0.0403%1h137.69−0.729%$2.1M$229K10xas long as short
GRVT NOW_USDT_Perp+0.0581%8h137.96−0.535%$200$151K10xas long as short