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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter−0.087%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.087% cheaper against Lighter than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 21 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NOW137.910.0032pay 0.0004% / 1h10m 02s$5K$1785x
ShortVest NOW-USD-PERP137.790.0046get 0.0006% / 1h10m 02s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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
$2.87
Price spread: −0.087% → 0.000%
−$8.7
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$7.83
Costs to cover
0.020%
Break-even
26.1 days
Slippage unknown: Lighter: no order-book sample; Vest: 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 Lighter no order-book sample
Sell Vest no order-book sample
Lighter and Vest: 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%1h137.77−0.102%$1.1M$1.6M10xas long as short
Aster NOWUSDT0.0000%8h138.34+0.312%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87−0.029%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.99+0.058%$248K$353K20xas long as short
Bitget NOWUSDT0.0000%8h137.95+0.029%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.98+0.051%$1K$385K10xas long as short
HTX NOW-USDT0.0000%8h137.85−0.044%$5K$32K20xas long as short
Lighter NOWlong+0.0032%1h137.91long leg$5K$1785x
Injective NOW/USDC PERP+0.0033%1h139.80+1.370%$3K$10112xas long as short
Vest NOW-USD-PERPshort+0.0046%1h137.79−0.087%25x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.81−0.073%$316K$621K20xas long as short
BloFin NOW-USDT+0.0155%8h138.03+0.087%$46K$17K20xas long as short
Binance NOWUSDT+0.0173%8h137.99+0.057%$1.8M$1.4M20xas long as short
Bybit NOWUSDT+0.0211%8h137.97+0.044%$1.6M$3.7M25xas long as short
tradeXYZ xyz:NOW+0.0299%1h137.89−0.015%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0393%8h138.01+0.073%$522$149K10xas long as short