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+0.0225%/8h= +24.7% APRnext payment +$2.25 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.493%7-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. Bybit is 0.493% cheaper against Aster than usual: you would sell low and buy high (spread −0.493% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$49 on $10k: about 7.3 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT138.640get 0.0000% / 8h5h 54m$41K$99520x
ShortBybit NOWUSDT137.960.0225get 0.0225% / 8h5h 54m$1.6M$4.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$47.35
Price spread: −0.493% → 0.000%
−$49.31
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$20.96
Costs to cover
0.190%
Break-even
10.1 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 4 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 Aster no order-book sample
Sell Bybit live order book, 4 min ago3.99 bp70.4 bp −$70170.8 bp −$1,708doesn't fitdoesn't fit
Aster: 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 15 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%8h138.64long leg$41K$99520x
OKX NOW-USDT-SWAP0.0000%8h138.05−0.428%$489K$228K20xas long as short
QFEX NOW-USD0.0000%1h137.76−0.637%$1.1M$1.9M10xas long as short
Gate NOW_USDT0.0000%8h137.98−0.479%$245K$365K20xas long as short
Bitget NOWUSDT0.0000%8h137.91−0.529%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.95−0.500%$895$388K10xas long as short
HTX NOW-USDT0.0000%8h137.96−0.493%$5K$30K20xas long as short
Lighter NOW+0.0032%1h137.91−0.529%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.834%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.77−0.630%25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.74−0.652%$318K$648K20xas long as short
Binance NOWUSDT+0.0169%8h137.97−0.486%$1.8M$1.4M20xas long as short
Bybit NOWUSDTshort+0.0225%8h137.96−0.493%$1.6M$4.9M25x
tradeXYZ xyz:NOW+0.0399%1h137.83−0.587%$2.1M$229K10xas long as short
GRVT NOW_USDT_Perp+0.0588%8h137.98−0.479%$280$152K10xas long as short