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−0.0170%/8h= −18.6% APRnext payment $1.70 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.055%7-day average −0.055% · 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 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.055%, 7d avg −0.055%
Together, before fees−0.158%−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOWUSDT139.480.0170pay 0.0170% / 8h1h 10m$1.8M$1.5M20x
ShortGate NOW_USDT139.400get 0.0000% / 8h1h 10m$253K$349K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$35.71
Price spread: −0.055% → −0.055%
−$0.03
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$60.74
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Gate: live order book, 29 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 Binance live order book, 8 min ago1.79 bp11.5 bp −$1245.0 bp −$450doesn't fitdoesn't fit
Sell Gate live order book, 29 min ago19.05 bp29.5 bp −$30doesn't fitdoesn't fitdoesn't fit

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-SWAP0.0000%8h139.57+0.067%$498K$247K20xas long as short
QFEX NOW-USD0.0000%1h139.29−0.134%$1.1M$1.5M10xas long as short
Gate NOW_USDTshort0.0000%8h139.40−0.055%$253K$349K20x
Bitget NOWUSDT0.0000%8h139.33−0.105%$769K$260K20xas long as short
SunX NOW-USDT0.0000%8h139.50+0.017%$963$336K10xas long as short
HTX NOW-USDT0.0000%8h139.28−0.141%$5K$36K20xas long as short
Lighter NOW+0.0032%1h139.35−0.091%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.232%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h139.34−0.098%25xas long as short
Aster NOWUSDT+0.0055%8h140.38+0.644%$42K$85920xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h139.33−0.105%$316K$636K20xas long as short
tradeXYZ xyz:NOW+0.0126%1h139.30−0.127%$2.1M$238K10xas long as short
Bybit NOWUSDT+0.0157%8h139.49+0.009%$1.6M$792K25xas long as short
Binance NOWUSDTlong+0.0170%8h139.48long leg$1.8M$1.5M20x
BloFin NOW-USDT+0.0177%8h139.50+0.017%$46K$18K20xas long as short
GRVT NOW_USDT_Perp+0.0264%8h139.48+0.002%$317$142K10xas long as short