Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Binance−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOWUSDT	137.84	0	get 0.0000% / 8h	1h 48m	$1.6M	$1.3M	20x
Short	Aster NOWUSDT	137.80	0	get 0.0000% / 8h	1h 48m	$41K	$995	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → 0.000%: −$3.35
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.35
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 15 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 15 min ago	3.63 bp	14.3 bp −$14	47.2 bp −$472	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NOW-USDT	−0.0001%	8h	137.86	+0.011%	$45K	$17K	20x	as long as short
Aster NOWUSDTshort	0.0000%	8h	137.80	−0.033%	$41K	$995	20x
Binance NOWUSDTlong	0.0000%	8h	137.84	long leg	$1.6M	$1.3M	20x
Bybit NOWUSDT	0.0000%	8h	137.78	−0.047%	$1.5M	$5.7M	25x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.87	+0.018%	$479K	$192K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.68	−0.120%	$1.1M	$2.0M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.75	−0.069%	$249K	$398K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.77	−0.054%	$761K	$262K	20x	as long as short
GRVT NOW_USDT_Perp	0.0000%	8h	137.81	−0.024%	$8	$172K	10x	as long as short
SunX NOW-USDT	0.0000%	8h	137.78	−0.047%	$557	$443K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOW-USDT	0.0000%	8h	137.85	+0.004%	$5K	$25K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.80	−0.033%	$5K	$173	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.418%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.70	−0.105%	—	—	25x	as long as short
KuCoin NOWUSDTM	+0.0100%	8h	137.63	−0.156%	$318K	$750K	20x	as long as short
tradeXYZ xyz:NOW	+0.0301%	1h	137.72	−0.091%	$2.1M	$198K	10x	as long as short