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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0137%/8h= −15.0% APRnext payment $1.37 per $10,000 · paid last 24h +0.023%
Price spread now: KuCoin against Aster−0.255%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 6 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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.255% cheaper against Aster than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT140.820.0237pay 0.0237% / 8h4h 58m$41K$4K20x
ShortKuCoin NOWUSDTM140.460.0100get 0.0100% / 8h4h 58m$304K$809K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$28.84
Price spread: −0.255% → 0.000%
−$25.52
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$74.36
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 38 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 KuCoin live order book, 38 min ago8.93 bp236.9 bp −$237doesn't fitdoesn'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 16 exchanges

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%8h140.22−0.426%$520K$259K20xas long as short
QFEX NOW-USD0.0000%1h140.28−0.383%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h140.47−0.248%$241K$287K20xas long as short
Bitget NOWUSDT0.0000%8h140.52−0.213%$823K$279K20xas long as short
SunX NOW-USDT0.0000%8h140.47−0.248%$985$257K10xas long as short
HTX NOW-USDT0.0000%8h140.58−0.170%$5K$36K20xas long as short
Lighter NOW+0.0032%1h140.33−0.348%$5K$3095xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−0.724%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.36−0.326%25xas long as short
KuCoin NOWUSDTMshort+0.0100%8h140.46−0.255%$304K$809K20x
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOWUSDTlong+0.0237%8h140.82long leg$41K$4K20x
Binance NOWUSDT+0.0362%8h140.55−0.194%$1.9M$1.6M20xas long as short
tradeXYZ xyz:NOW+0.0364%1h140.35−0.333%$2.1M$243K10xas long as short
BloFin NOW-USDT+0.0382%8h140.50−0.227%$47K$19K20xas long as short
Bybit NOWUSDT+0.0420%8h140.49−0.234%$1.6M$186K25xas long as short
GRVT NOW_USDT_Perp+0.0815%8h140.51−0.223%$583$119K10xas long as short