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−0.0199%/8h= −21.8% APRnext payment $1.99 per $10,000 · paid last 24h −0.015%
Price spread now: HTX against Binance−0.198%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.198% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOWUSDT141.110.0199pay 0.0199% / 8h7h 20m$1.9M$1.5M20x
ShortHTX NOW-USDT140.830get 0.0000% / 8h7h 20m$5K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$41.72
Price spread: −0.198% → 0.000%
−$19.84
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$83.57
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 min ago; HTX: 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, 13 min ago2.12 bp12.0 bp −$1236.6 bp −$366doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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-SWAP0.0000%8h141.14+0.021%$518K$241K20xas long as short
QFEX NOW-USD0.0000%1h140.81−0.213%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h140.96−0.106%$257K$317K20xas long as short
Bitget NOWUSDT0.0000%8h141.09−0.014%$823K$277K20xas long as short
SunX NOW-USDT0.0000%8h141.05−0.043%$1K$297K10xas long as short
HTX NOW-USDTshort0.0000%8h140.83−0.198%$5K$37K20x
Lighter NOW+0.0032%1h140.95−0.113%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−0.928%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.94−0.120%25xas long as short
KuCoin NOWUSDTM+0.0100%8h141.03−0.057%$317K$679K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOWUSDT+0.0109%8h141.41+0.213%$42K$85920xas long as short
BloFin NOW-USDT+0.0175%8h141.15+0.028%$46K$19K20xas long as short
Binance NOWUSDTlong+0.0199%8h141.11long leg$1.9M$1.5M20x
Bybit NOWUSDT+0.0317%8h141.07−0.028%$1.6M$292K25xas long as short
tradeXYZ xyz:NOW+0.0395%1h140.97−0.099%$2.1M$236K10xas long as short
GRVT NOW_USDT_Perp+0.0691%8h141.07−0.027%$142$136K10xas long as short