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−0.0045%/8h= −4.9% APRnext payment $0.45 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Aster−0.244%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 −$1 a day on $10k at the current rate, and OKX is 0.244% cheaper against Aster than usual: you would sell low and buy high (−$24 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 NOWUSDT138.850.0045pay 0.0045% / 8h2h 26m$41K$99520x
ShortOKX NOW-USDT-SWAP138.510get 0.0000% / 8h2h 26m$494K$230K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$9.46
Price spread: −0.244% → 0.000%
−$24.4
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$51.86
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 19 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 OKX live order book, 19 min ago5.05 bp19.4 bp −$19doesn'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 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
OKX NOW-USDT-SWAPshort0.0000%8h138.51−0.244%$494K$230K20x
QFEX NOW-USD0.0000%1h138.46−0.280%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h138.50−0.251%$253K$348K20xas long as short
Bitget NOWUSDT0.0000%8h138.53−0.230%$768K$254K20xas long as short
SunX NOW-USDT0.0000%8h138.53−0.230%$813$366K10xas long as short
HTX NOW-USDT0.0000%8h138.62−0.165%$5K$35K20xas long as short
Lighter NOW+0.0032%1h138.48−0.266%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.685%$3K$10112xas long as short
Aster NOWUSDTlong+0.0045%8h138.85long leg$41K$99520x
Vest NOW-USD-PERP+0.0046%1h138.50−0.251%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.32−0.381%$318K$630K20xas long as short
BloFin NOW-USDT+0.0210%8h138.57−0.201%$46K$18K20xas long as short
Binance NOWUSDT+0.0218%8h138.57−0.198%$1.8M$1.4M20xas long as short
Bybit NOWUSDT+0.0239%8h138.47−0.273%$1.6M$1.9M25xas long as short
tradeXYZ xyz:NOW+0.0258%1h138.45−0.287%$2.1M$227K10xas long as short
GRVT NOW_USDT_Perp+0.0344%8h138.49−0.259%$638$145K10xas long as short