Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Bitget−0.065%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget 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

Funding pays, the price is against you. Vest is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOWUSDT	138.27	0	get 0.0000% / 8h	3h 07m	$766K	$254K	20x
Short	Vest NOW-USD-PERP	138.18	0.0046	get 0.0006% / 1h	7m 25s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BitgetbpFee VestbpOrdersPrice spread, now −0.065%Rate

Funding earned: $9.59
Price spread: −0.065% → 0.000%: −$6.51
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$10.92
Costs to cover: 0.140%
Break-even: 15.0 days

Slippage unknown: Bitget: live order book, 43 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 Bitget live order book, 43 min ago	1.09 bp	20.0 bp −$20	29.3 bp −$293	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 16 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
OKX NOW-USDT-SWAP	0.0000%	8h	138.12	−0.108%	$492K	$227K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.23	−0.029%	$1.1M	$1.5M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.25	−0.014%	$249K	$354K	20x	as long as short
Bitget NOWUSDTlong	0.0000%	8h	138.27	long leg	$766K	$254K	20x
SunX NOW-USDT	0.0000%	8h	138.25	−0.014%	$659	$369K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.16	−0.080%	$5K	$34K	20x	as long as short
Aster NOWUSDT	+0.0029%	8h	139.11	+0.607%	$41K	$995	20x	as long as short
Lighter NOW	+0.0032%	1h	138.27	0.000%	$5K	$184	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.107%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPshort	+0.0046%	1h	138.18	−0.065%	—	—	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	138.23	−0.029%	$318K	$637K	20x	as long as short
Bybit NOWUSDT	+0.0206%	8h	138.29	+0.014%	$1.6M	$2.6M	25x	as long as short
BloFin NOW-USDT	+0.0217%	8h	138.22	−0.036%	$46K	$17K	20x	as long as short
Binance NOWUSDT	+0.0230%	8h	138.38	+0.083%	$1.8M	$1.4M	20x	as long as short
tradeXYZ xyz:NOW	+0.0285%	1h	138.27	0.000%	$2.1M	$224K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0426%	8h	138.27	0.000%	$260	$147K	10x	as long as short