Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h +0.020%

Price spread now: Vest against BloFin−0.130%105s7-day average — · you buy dearer than you sell

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

Long on BloFin 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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Vest is 0.130% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NOW-USDT	137.98	0.0183	pay 0.0183% / 8h	4h 07m	$46K	$17K	20x
Short	Vest NOW-USD-PERP	137.80	0.0046	get 0.0006% / 1h	7m 34s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BloFinbpFee VestbpOrdersPrice spread, now −0.130%Rate

Funding earned: −$28.81
Price spread: −0.130% → 0.000%: −$13.05
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$55.85
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

BloFin and 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
QFEX NOW-USD	0.0000%	1h	137.79	−0.138%	$1.1M	$1.6M	10x	as long as short
Aster NOWUSDT	0.0000%	8h	138.27	+0.211%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.87	−0.080%	$491K	$227K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	137.97	−0.007%	$248K	$353K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.95	−0.022%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.98	0.000%	$942	$385K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.85	−0.094%	$5K	$32K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	−0.051%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.319%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPshort	+0.0046%	1h	137.80	−0.130%	—	—	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.80	−0.130%	$317K	$623K	20x	as long as short
Binance NOWUSDT	+0.0176%	8h	138.01	+0.020%	$1.8M	$1.4M	20x	as long as short
BloFin NOW-USDTlong	+0.0183%	8h	137.98	long leg	$46K	$17K	20x
Bybit NOWUSDT	+0.0199%	8h	137.96	−0.014%	$1.6M	$3.7M	25x	as long as short
tradeXYZ xyz:NOW	+0.0298%	1h	137.89	−0.065%	$2.1M	$226K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0390%	8h	138.01	+0.022%	$516	$149K	10x	as long as short