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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0237%/8h= −26.0% APRnext payment $2.37 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against BloFin−0.057%78s7-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 −$7 a day on $10k at the current rate, and Gate is 0.057% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NOW-USDT139.150.0237pay 0.0237% / 8h1h 43m$46K$18K20x
ShortGate NOW_USDT139.070get 0.0000% / 8h1h 43m$253K$346K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$49.8
Price spread: −0.057% → 0.000%
−$5.75
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$82.55
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 61 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 Gate live order book, 61 min ago9.76 bp184.5 bp −$184doesn't fitdoesn'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
OKX NOW-USDT-SWAP0.0000%8h138.92−0.165%$496K$232K20xas long as short
QFEX NOW-USD0.0000%1h138.97−0.129%$1.1M$1.4M10xas long as short
Gate NOW_USDTshort0.0000%8h139.07−0.057%$253K$346K20x
Bitget NOWUSDT0.0000%8h139.04−0.079%$770K$255K20xas long as short
SunX NOW-USDT0.0000%8h139.14−0.007%$925$349K10xas long as short
HTX NOW-USDT0.0000%8h139.22+0.050%$5K$36K20xas long as short
Lighter NOW+0.0032%1h139.04−0.079%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.467%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h139.00−0.108%25xas long as short
Aster NOWUSDT+0.0068%8h139.30+0.105%$41K$99520xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.87−0.201%$321K$631K20xas long as short
tradeXYZ xyz:NOW+0.0181%1h138.98−0.122%$2.1M$228K10xas long as short
Binance NOWUSDT+0.0210%8h139.150.000%$1.8M$1.5M20xas long as short
Bybit NOWUSDT+0.0211%8h139.08−0.050%$1.6M$1.3M25xas long as short
BloFin NOW-USDTlong+0.0237%8h139.15long leg$46K$18K20x
GRVT NOW_USDT_Perp+0.0300%8h139.02−0.096%$361$143K10xas long as short