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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against QFEX+0.058%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$490.493% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.058%, 7d avg +0.057%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NOW-USD137.840get 0.0000% / 1h40m 23s$1.1M$1.5M10x
ShortOKX NOW-USDT-SWAP137.920get 0.0000% / 8h3h 40m$491K$226K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against QFEX. 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
$0
Price spread: +0.058% → +0.057%
$0.15
Slippage, 4 orders
−$29.31
Fee QFEX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.15
Costs to cover
0.493%
Break-even
never at this rate
Slippage from QFEX: live order book, 1 min ago; OKX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 1 min ago2.18 bp9.3 bp −$916.9 bp −$169doesn't fitdoesn't fit
Sell OKX live order book, 10 min ago6.88 bp15.4 bp −$151056.7 bp −$10.6Kdoesn't fitdoesn't fit

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
Aster NOWUSDT0.0000%8h138.80+0.698%$41K$99520xas long as short
OKX NOW-USDT-SWAPshort0.0000%8h137.92+0.058%$491K$226K20x
QFEX NOW-USDlong0.0000%1h137.84long leg$1.1M$1.5M10x
Gate NOW_USDT0.0000%8h137.87+0.022%$248K$351K20xas long as short
Bitget NOWUSDT0.0000%8h137.98+0.102%$786K$237K20xas long as short
SunX NOW-USDT0.0000%8h138.13+0.210%$1K$379K10xas long as short
HTX NOW-USDT0.0000%8h138.07+0.167%$5K$33K20xas long as short
Lighter NOW+0.0032%1h137.98+0.102%$5K$1845xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.422%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.85+0.007%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.86+0.015%$317K$636K20xas long as short
Binance NOWUSDT+0.0210%8h138.05+0.152%$1.8M$1.4M20xas long as short
Bybit NOWUSDT+0.0214%8h138.02+0.131%$1.6M$3.2M25xas long as short
BloFin NOW-USDT+0.0214%8h138.10+0.189%$46K$17K20xas long as short
tradeXYZ xyz:NOW+0.0347%1h137.88+0.029%$2.1M$224K10xas long as short
GRVT NOW_USDT_Perp+0.0422%8h138.08+0.174%$355$147K10xas long as short