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Funding arb · Price arb /

NOW

RWAall NOW markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Binance+0.047%101s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BinanceShort on BloFin
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—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.047% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOWUSDT138.080.0205pay 0.0205% / 8h3h 43m$1.8M$1.4M20x
ShortBloFin NOW-USDT138.140.0203get 0.0203% / 8h3h 43m$46K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$0.56
Price spread: +0.047% → 0.000%
$4.69
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.87
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 5 min ago; 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 Binance live order book, 5 min ago0.36 bp11.0 bp −$1145.0 bp −$450doesn't fitdoesn't fit
Sell BloFin no order-book sample—————
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 NOWUSDT0.0000%8h138.47+0.288%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.92−0.112%$491K$226K20xas long as short
QFEX NOW-USD0.0000%1h137.86−0.156%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h138.02−0.040%$249K$350K20xas long as short
Bitget NOWUSDT0.0000%8h138.01−0.047%$781K$235K20xas long as short
SunX NOW-USDT0.0000%8h138.13+0.040%$1K$380K10xas long as short
HTX NOW-USDT0.0000%8h138.21+0.098%$5K$33K20xas long as short
Lighter NOW+0.0032%1h138.01−0.047%$5K$1845xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.249%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.88−0.141%——25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.86−0.156%$317K$633K20xas long as short
BloFin NOW-USDTshort+0.0203%8h138.14+0.047%$46K$17K20x
Binance NOWUSDTlong+0.0205%8h138.08long leg$1.8M$1.4M20x
Bybit NOWUSDT+0.0210%8h138.05−0.018%$1.6M$3.2M25xas long as short
tradeXYZ xyz:NOW+0.0386%1h137.91−0.120%$2.1M$224K10xas long as short
GRVT NOW_USDT_Perp+0.0422%8h138.08+0.004%$355$147K10xas long as short