NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0167%/8h= −18.3% APRnext payment −$1.67 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit+0.036%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$199as in the Funding arb table

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$1991.986% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.036%, 7d avg +0.009%

Together, before fees+0.075%+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.027% dearer against Bybit than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.009%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.001% in total) that is about 10 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NOWUSDT	139.31	0.0167	pay 0.0167% / 8h	34m 44s	$1.6M	$308K	25x
Short	SunX NOW-USDT	139.36	0	get 0.0000% / 8h	34m 44s	$991	$329K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee BybitbpFee SunXbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$35.1
Price spread: +0.036% → +0.009%: $2.7
Slippage, 4 orders: −$179.56
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$230.97
Costs to cover: 1.986%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; SunX: live order book, 16 min ago.

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 Bybit live order book, 1 min ago	0.36 bp	41.1 bp −$41	174.5 bp −$1,745	doesn't fit	doesn't fit
Sell SunX live order book, 16 min ago	45.55 bp	64.8 bp −$65	doesn't fit	doesn't fit	doesn't fit

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
OKX NOW-USDT-SWAP	0.0000%	8h	139.45	+0.100%	$507K	$252K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	139.14	−0.122%	$1.1M	$1.5M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	139.36	+0.036%	$253K	$346K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	139.29	−0.014%	$769K	$263K	20x	as long as short
SunX NOW-USDTshort	0.0000%	8h	139.36	+0.036%	$991	$329K	10x
HTX NOW-USDT	0.0000%	8h	139.39	+0.057%	$5K	$36K	20x	as long as short
Lighter NOW	+0.0032%	1h	139.31	0.000%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.352%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	139.20	−0.079%	—	—	25x	as long as short
Aster NOWUSDT	+0.0075%	8h	140.28	+0.695%	$42K	$859	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	139.37	+0.043%	$317K	$642K	20x	as long as short
BloFin NOW-USDT	+0.0162%	8h	139.35	+0.029%	$46K	$18K	20x	as long as short
Binance NOWUSDT	+0.0164%	8h	139.35	+0.029%	$1.8M	$1.5M	20x	as long as short
Bybit NOWUSDTlong	+0.0167%	8h	139.31	long leg	$1.6M	$308K	25x
GRVT NOW_USDT_Perp	+0.0274%	8h	139.40	+0.065%	$276	$140K	10x	as long as short
tradeXYZ xyz:NOW	+0.0385%	1h	139.28	−0.022%	$2.1M	$238K	10x	as long as short