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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BloFin−0.036%75s7-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
Funding pays, the price is against you. Bitget is 0.036% cheaper against BloFin than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5.1 days of funding at the current rate (+$1 a day). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NOW-USDT137.91−0.0024get 0.0024% / 8h41m 52s$45K$17K20x
ShortBitget NOWUSDT137.860get 0.0000% / 8h41m 52s$762K$274K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$4.99
Price spread: −0.036% → 0.000%
−$3.63
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$22.63
Costs to cover
0.240%
Break-even
38.7 days
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 34 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 BloFin no order-book sample
Sell Bitget live order book, 34 min ago2.54 bp20.2 bp −$2058.0 bp −$580doesn't fitdoesn't fit
BloFin: 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
BloFin NOW-USDTlong−0.0024%8h137.91long leg$45K$17K20x
QFEX NOW-USD0.0000%1h137.71−0.145%$1.1M$2.1M10xas long as short
Aster NOWUSDT0.0000%8h137.86−0.039%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.88−0.022%$1.6M$1.3M20xas long as short
Bybit NOWUSDT0.0000%8h137.82−0.065%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87−0.029%$484K$196K20xas long as short
Gate NOW_USDT0.0000%8h137.84−0.051%$251K$396K20xas long as short
Bitget NOWUSDTshort0.0000%8h137.86−0.036%$762K$274K20x
GRVT NOW_USDT_Perp0.0000%8h137.89−0.016%$582$168K10xas long as short
SunX NOW-USDT0.0000%8h137.92+0.007%$794$435K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NOW-USDT0.0000%8h137.93+0.015%$5K$27K20xas long as short
Lighter NOW+0.0032%1h137.79−0.087%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.370%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.73−0.131%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.63−0.203%$317K$708K20xas long as short
tradeXYZ xyz:NOW+0.0269%1h137.80−0.080%$2.1M$201K10xas long as short