NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0132%/8h= +14.5% APRnext payment +$1.32 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against SunX+0.050%56s7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$220as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2232.226% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 2 days (all we have)−0.075%−$8 · spread now +0.050%, 7d avg −0.001%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.051% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NOW-USDT	137.94	0	get 0.0000% / 8h	6h 18m	$1K	$401K	10x
Short	Binance NOWUSDT	138.01	0.0132	get 0.0132% / 8h	6h 18m	$1.8M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.050%Rate

Funding earned: $27.73
Price spread: +0.050% → −0.001%: $5.08
Slippage, 4 orders: −$204.59
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$189.78
Costs to cover: 2.226%
Break-even: 54.9 days

Slippage from SunX: live order book, 22 min ago; Binance: live order book, 15 min ago.

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 SunX live order book, 22 min ago	81.14 bp	99.4 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.73 bp	13.6 bp −$14	49.0 bp −$490	doesn't fit	doesn't fit

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 NOWUSDT	0.0000%	8h	138.60	+0.476%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.94	0.000%	$488K	$227K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.79	−0.109%	$1.1M	$1.9M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.95	+0.007%	$245K	$371K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.95	+0.007%	$781K	$234K	20x	as long as short
SunX NOW-USDTlong	0.0000%	8h	137.94	long leg	$1K	$401K	10x
HTX NOW-USDT	0.0000%	8h	138.13	+0.138%	$5K	$29K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.89	−0.036%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.348%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.80	−0.101%	—	—	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	137.80	−0.101%	$316K	$657K	20x	as long as short
Binance NOWUSDTshort	+0.0132%	8h	138.01	+0.050%	$1.8M	$1.5M	20x
Bybit NOWUSDT	+0.0133%	8h	137.92	−0.014%	$1.6M	$5.1M	25x	as long as short
tradeXYZ xyz:NOW	+0.0315%	1h	137.79	−0.109%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0552%	8h	137.93	−0.006%	$559	$154K	10x	as long as short