NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0213%/8h= +23.4% APRnext payment +$2.13 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate−0.029%7-day average +0.049% · you buy dearer than you sell

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

Long on Gate Short on Bybit

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)+0.042%+$4 · spread now −0.029%, 7d avg +0.049%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.049%). If the spread goes back, that is −$8 on $10k: about 29 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.001% in total) that is about years.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOW_USDT	138.93	0	get 0.0000% / 8h	1h 48m	$253K	$346K	20x
Short	Bybit NOWUSDT	138.89	0.0213	get 0.0213% / 8h	1h 48m	$1.6M	$1.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.029%Rate

Funding earned: $44.83
Price spread: −0.029% → +0.049%: −$7.75
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $11.08
Costs to cover: 0.260%
Break-even: 5.3 days

Slippage unknown: Gate: live order book, 57 min ago; Bybit: live order book, 3 min ago. 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, 57 min ago	9.76 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	3.96 bp	41.7 bp −$42	169.5 bp −$1,695	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	139.05	+0.086%	$496K	$232K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	138.89	−0.029%	$1.1M	$1.4M	10x	as long as short
Gate NOW_USDTlong	0.0000%	8h	138.93	long leg	$253K	$346K	20x
Bitget NOWUSDT	0.0000%	8h	138.89	−0.029%	$770K	$254K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	139.02	+0.065%	$787	$349K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.99	+0.043%	$5K	$36K	20x	as long as short
Lighter NOW	+0.0032%	1h	138.86	−0.050%	$5K	$171	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.626%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	138.93	0.000%	—	—	25x	as long as short
Aster NOWUSDT	+0.0064%	8h	139.20	+0.194%	$41K	$995	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	138.81	−0.086%	$320K	$631K	20x	as long as short
tradeXYZ xyz:NOW	+0.0159%	1h	138.89	−0.029%	$2.1M	$228K	10x	as long as short
BloFin NOW-USDT	+0.0192%	8h	139.01	+0.058%	$46K	$18K	20x	as long as short
Binance NOWUSDT	+0.0206%	8h	139.03	+0.074%	$1.8M	$1.4M	20x	as long as short
Bybit NOWUSDTshort	+0.0213%	8h	138.89	−0.029%	$1.6M	$1.4M	25x
GRVT NOW_USDT_Perp	+0.0304%	8h	138.98	+0.036%	$374	$143K	10x	as long as short