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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0183%/8h= −20.0% APRnext payment $1.83 per $10,000 · paid last 24h −0.010%
Price spread now: SunX against BloFin+0.021%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. SunX is 0.021% dearer against BloFin than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NOW-USDT140.270.0183pay 0.0183% / 8h6h 02m$46K$19K20x
ShortSunX NOW-USDT140.300get 0.0000% / 8h6h 02m$720$276K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$38.4
Price spread: +0.021% → 0.000%
$2.14
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$56.26
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 40 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 SunX live order book, 40 min ago46.54 bp65.4 bp −$65doesn'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 exchanges

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%8h140.30+0.021%$513K$252K20xas long as short
QFEX NOW-USD0.0000%1h140.09−0.128%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h140.270.000%$241K$355K20xas long as short
Bitget NOWUSDT0.0000%8h140.28+0.007%$818K$285K20xas long as short
SunX NOW-USDTshort0.0000%8h140.30+0.021%$720$276K10x
HTX NOW-USDT0.0000%8h140.19−0.057%$5K$37K20xas long as short
Lighter NOW+0.0032%1h140.24−0.021%$5K$3095xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−0.335%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.18−0.064%25xas long as short
KuCoin NOWUSDTM+0.0100%8h140.29+0.014%$310K$753K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOWUSDT+0.0108%8h140.34+0.052%$41K$4K20xas long as short
BloFin NOW-USDTlong+0.0183%8h140.27long leg$46K$19K20x
Binance NOWUSDT+0.0210%8h140.32+0.036%$1.9M$1.5M20xas long as short
tradeXYZ xyz:NOW+0.0384%1h140.30+0.021%$2.1M$244K10xas long as short
Bybit NOWUSDT+0.0390%8h140.30+0.021%$1.6M$187K25xas long as short
GRVT NOW_USDT_Perp+0.0559%8h140.55+0.201%$202$119K10xas long as short