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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.137%54s7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as 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−$4934.929% of the position
Long on SunXShort on KuCoin
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)−0.185%−$19 · spread now −0.137%, 7d avg −0.142%
Together, before fees−0.124%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.142%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOW-USDT138.410get 0.0000% / 8h3h 05m$660$369K10x
ShortKuCoin NOWUSDTM138.220.0100get 0.0100% / 8h3h 05m$317K$638K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.137% → −0.142%
$0.47
Slippage, 4 orders
−$472.85
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$471.38
Costs to cover
4.929%
Break-even
164.1 days
Slippage from SunX: live order book, 5 min ago; KuCoin: live order book, 68 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 SunX live order book, 5 min ago45.94 bp64.3 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 68 min ago14.16 bp76.9 bp −$77doesn't fitdoesn'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
OKX NOW-USDT-SWAP0.0000%8h138.39−0.014%$493K$228K20xas long as short
QFEX NOW-USD0.0000%1h138.31−0.072%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h138.32−0.065%$249K$354K20xas long as short
Bitget NOWUSDT0.0000%8h138.27−0.101%$766K$254K20xas long as short
SunX NOW-USDTlong0.0000%8h138.41long leg$660$369K10x
HTX NOW-USDT0.0000%8h138.25−0.116%$5K$34K20xas long as short
Aster NOWUSDT+0.0026%8h139.01+0.431%$41K$99520xas long as short
Lighter NOW+0.0032%1h138.30−0.079%$5K$1845xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.004%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.33−0.058%——25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTMshort+0.0100%8h138.22−0.137%$317K$638K20x
Bybit NOWUSDT+0.0207%8h138.34−0.051%$1.6M$2.6M25xas long as short
BloFin NOW-USDT+0.0209%8h138.29−0.087%$46K$17K20xas long as short
Binance NOWUSDT+0.0227%8h138.43+0.013%$1.8M$1.4M20xas long as short
tradeXYZ xyz:NOW+0.0281%1h138.31−0.072%$2.1M$224K10xas long as short
GRVT NOW_USDT_Perp+0.0415%8h138.35−0.043%$260$147K10xas long as short