Settings8H · net · $10k
Funding arb · Price arb /

NOW

RWAall NOW markets
SwapBacktest
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: OKX against Bitget+0.015%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.015%, 7d avg −0.003%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NOWUSDT137.850get 0.0000% / 8h37m 57s$762K$274K20x
ShortOKX NOW-USDT-SWAP137.870get 0.0000% / 8h37m 57s$484K$196K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
Price spread: +0.015% → −0.003%
$1.71
Slippage, 4 orders
−$49.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$69.71
Costs to cover
0.714%
Break-even
never at this rate
Slippage from Bitget: live order book, 38 min ago; OKX: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 38 min ago2.54 bp14.4 bp −$1429.1 bp −$291doesn't fitdoesn't fit
Sell OKX live order book, 38 min ago11.25 bp18.1 bp −$181163.7 bp −$11.6Kdoesn'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
QFEX NOW-USD0.0000%1h137.74−0.080%$1.1M$2.1M10xas long as short
Aster NOWUSDT0.0000%8h137.87+0.013%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.88+0.022%$1.6M$1.3M20xas long as short
Bybit NOWUSDT0.0000%8h137.850.000%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAPshort0.0000%8h137.87+0.015%$484K$196K20x
Gate NOW_USDT0.0000%8h137.86+0.007%$251K$396K20xas long as short
Bitget NOWUSDTlong0.0000%8h137.85long leg$762K$274K20x
GRVT NOW_USDT_Perp0.0000%8h137.89+0.029%$415$168K10xas long as short
SunX NOW-USDT0.0000%8h137.90+0.036%$794$435K10xas long as short
HTX NOW-USDT0.0000%8h138.09+0.174%$5K$27K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NOW-USDT+0.0025%8h137.96+0.080%$45K$17K20xas long as short
Lighter NOW+0.0032%1h137.83−0.015%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.415%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.75−0.073%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.58−0.196%$317K$703K20xas long as short
tradeXYZ xyz:NOW+0.0287%1h137.83−0.015%$2.1M$201K10xas long as short