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−0.0218%/8h= −23.9% APRnext payment $2.18 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bybit−0.043%7-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 HTX is 0.043% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NOWUSDT137.970.0218pay 0.0218% / 8h4h 11m$1.6M$3.8M25x
ShortHTX NOW-USDT137.910get 0.0000% / 8h4h 11m$5K$32K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
−$45.79
Price spread: −0.043% → 0.000%
−$4.35
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$73.14
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago2.90 bp38.7 bp −$39158.6 bp −$1,586doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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
QFEX NOW-USD0.0000%1h137.77−0.145%$1.1M$1.6M10xas long as short
Aster NOWUSDT0.0000%8h138.31+0.247%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87−0.072%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.970.000%$248K$352K20xas long as short
Bitget NOWUSDT0.0000%8h137.95−0.014%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.99+0.014%$1K$385K10xas long as short
HTX NOW-USDTshort0.0000%8h137.91−0.043%$5K$32K20x
Lighter NOW+0.0032%1h137.91−0.043%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.326%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.80−0.123%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.81−0.116%$316K$620K20xas long as short
BloFin NOW-USDT+0.0145%8h138.03+0.043%$46K$17K20xas long as short
Binance NOWUSDT+0.0172%8h137.99+0.013%$1.8M$1.4M20xas long as short
Bybit NOWUSDTlong+0.0218%8h137.97long leg$1.6M$3.8M25x
tradeXYZ xyz:NOW+0.0301%1h137.89−0.058%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0393%8h138.01+0.029%$522$149K10xas long as short