Settings8H · net · $10k
Funding arb · Price arb /

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin−0.028%7-day average +0.080% · 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 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.028%, 7d avg +0.080%
Together, before fees−0.025%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.109% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.080%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOWUSDTM140.530.0100pay 0.0100% / 8h6h 13m$310K$745K20x
ShortGate NOW_USDT140.490get 0.0000% / 8h6h 13m$242K$352K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
−$21
Price spread: −0.028% → +0.080%
−$10.85
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$58.85
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 33 min ago; Gate: live order book, 35 min ago. 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 KuCoin live order book, 33 min ago3.91 bp302.4 bp −$302doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 35 min ago18.48 bp32.3 bp −$32doesn't fitdoesn't fitdoesn't fit

NOW on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NOW-USDT-SWAP0.0000%8h140.44−0.064%$514K$252K20xas long as short
QFEX NOW-USD0.0000%1h140.28−0.178%$1.1M$1.4M10xas long as short
Gate NOW_USDTshort0.0000%8h140.49−0.028%$242K$352K20x
Bitget NOWUSDT0.0000%8h140.50−0.021%$819K$285K20xas long as short
SunX NOW-USDT0.0000%8h140.60+0.050%$787$280K10xas long as short
HTX NOW-USDT0.0000%8h140.73+0.142%$5K$37K20xas long as short
Lighter NOW+0.0032%1h140.50−0.021%$5K$3095xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−0.519%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.39−0.100%25xas long as short
KuCoin NOWUSDTMlong+0.0100%8h140.53long leg$310K$745K20x
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOWUSDT+0.0118%8h140.38−0.107%$41K$4K20xas long as short
BloFin NOW-USDT+0.0193%8h140.67+0.100%$46K$19K20xas long as short
Binance NOWUSDT+0.0220%8h140.55+0.014%$1.9M$1.5M20xas long as short
Bybit NOWUSDT+0.0389%8h140.57+0.028%$1.6M$207K25xas long as short
tradeXYZ xyz:NOW+0.0390%1h140.52−0.007%$2.1M$244K10xas long as short
GRVT NOW_USDT_Perp+0.0561%8h140.59+0.043%$209$119K10xas long as short