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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.4% APRnext payment +$1.95 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against SunX+0.051%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.051% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOW-USDT137.980get 0.0000% / 8h4h 36m$530$386K10x
ShortBloFin NOW-USDT138.050.0195get 0.0195% / 8h4h 36m$46K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$41.05
Price spread: +0.051% → 0.000%
$5.07
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$26.12
Costs to cover
0.200%
Break-even
2.5 days
Slippage unknown: SunX: live order book, 54 min ago; BloFin: 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 SunX live order book, 54 min ago47.12 bp65.3 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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%1h137.81−0.123%$1.1M$1.7M10xas long as short
Aster NOWUSDT0.0000%8h138.25+0.192%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.00+0.014%$492K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.980.000%$248K$351K20xas long as short
Bitget NOWUSDT0.0000%8h137.92−0.043%$781K$234K20xas long as short
SunX NOW-USDTlong0.0000%8h137.98long leg$530$386K10x
HTX NOW-USDT0.0000%8h138.07+0.065%$5K$32K20xas long as short
Lighter NOW+0.0032%1h137.91−0.051%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.319%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.82−0.116%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.80−0.130%$317K$618K20xas long as short
Binance NOWUSDT+0.0188%8h137.99+0.007%$1.8M$1.4M20xas long as short
BloFin NOW-USDTshort+0.0195%8h138.05+0.051%$46K$17K20x
Bybit NOWUSDT+0.0261%8h138.06+0.058%$1.6M$4.3M25xas long as short
tradeXYZ xyz:NOW+0.0278%1h137.89−0.065%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0452%8h138.02+0.029%$552$149K10xas long as short