Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0128%/8h= −14.1% APRpaid last 24h +0.014%

Price spread now: Vest against Binance−0.154%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 Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.154% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOWUSDT	137.98	0.0174	pay 0.0174% / 8h	5h 48m	$1.8M	$1.4M	20x
Short	Vest NOW-USD-PERP	137.77	0.0046	get 0.0006% / 1h	48m 10s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$26.96
Price spread: −0.154% → 0.000%: −$15.35
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$54.31
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 16 min ago; Vest: 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, 16 min ago	1.45 bp	13.1 bp −$13	46.9 bp −$469	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 15 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
Aster NOWUSDT	0.0000%	8h	138.81	+0.600%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	138.01	+0.020%	$489K	$228K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.75	−0.168%	$1.1M	$1.9M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.93	−0.038%	$249K	$366K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.93	−0.038%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.95	−0.023%	$895	$387K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.93	−0.038%	$5K	$30K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.87	−0.081%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.318%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPshort	+0.0046%	1h	137.77	−0.154%	—	—	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.76	−0.161%	$319K	$646K	20x	as long as short
Binance NOWUSDTlong	+0.0174%	8h	137.98	long leg	$1.8M	$1.4M	20x
Bybit NOWUSDT	+0.0187%	8h	137.90	−0.059%	$1.6M	$4.9M	25x	as long as short
tradeXYZ xyz:NOW	+0.0423%	1h	137.80	−0.132%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0577%	8h	137.94	−0.027%	$211	$152K	10x	as long as short