Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Gate+0.501%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Aster

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.501% dearer against Gate than usual: you sell high and buy low, +$50 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOW_USDT	137.95	0	get 0.0000% / 8h	5h 55m	$245K	$365K	20x
Short	Aster NOWUSDT	138.64	0	get 0.0000% / 8h	5h 55m	$41K	$995	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.501%Rate

Funding earned: $0
Price spread: +0.501% → 0.000%: $50.15
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: $27.15
Costs to cover: 0.230%
Break-even: from the start

Slippage unknown: Gate: live order book, 5 min ago; Aster: 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 Gate live order book, 5 min ago	21.01 bp	158.1 bp −$158	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 15 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
Aster NOWUSDTshort	0.0000%	8h	138.64	+0.501%	$41K	$995	20x
OKX NOW-USDT-SWAP	0.0000%	8h	137.92	−0.022%	$488K	$227K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.77	−0.130%	$1.1M	$1.9M	10x	as long as short
Gate NOW_USDTlong	0.0000%	8h	137.95	long leg	$245K	$365K	20x
Bitget NOWUSDT	0.0000%	8h	137.91	−0.029%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.95	0.000%	$910	$387K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.07	+0.087%	$5K	$30K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	−0.029%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.341%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.77	−0.130%	—	—	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.78	−0.123%	$319K	$649K	20x	as long as short
Binance NOWUSDT	+0.0168%	8h	137.97	+0.014%	$1.8M	$1.4M	20x	as long as short
Bybit NOWUSDT	+0.0227%	8h	137.98	+0.022%	$1.6M	$4.9M	25x	as long as short
tradeXYZ xyz:NOW	+0.0410%	1h	137.81	−0.101%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0588%	8h	137.98	+0.022%	$280	$152K	10x	as long as short