Funding you earn now, next payment 03:00 UTC−0.0334%/8h= −36.6% APRpaid last 24h −0.050%
Price spread now: SunX against tradeXYZ+0.087%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1711.705% of the position
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 4 days (all we have)+0.541%+$54 · spread now +0.087%, 7d avg +0.070%
=Together, before fees+0.268%+ Points / potential airdroptradeXYZ: Active · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NOW | 137.87 | 0.0334 | pay 0.0042% / 1h | 1m 01s | $2.1M | $229K | 10x |
| Short | SunX NOW-USDT | 137.99 | 0 | get 0.0000% / 8h | 5h 01m | $552 | $386K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$70.18
- Price spread: +0.087% → +0.070%
- $1.68
- Slippage, 4 orders
- −$144.54
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$239.04
- Costs to cover
- 1.705%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; SunX: live order book, 30 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 tradeXYZ live order book, 7 min ago | 2.90 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 30 min ago | 47.12 bp | 65.9 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
NOW on 16 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 | 138.79 | +0.664% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 138.04 | +0.123% | $492K | $232K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.86 | −0.007% | $1.1M | $1.8M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.96 | +0.065% | $248K | $372K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.96 | +0.065% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDTshort | 0.0000% | 8h | 137.99 | +0.087% | $552 | $386K | 10x | |
| HTX NOW-USDT | 0.0000% | 8h | 137.85 | −0.015% | $5K | $31K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.91 | +0.029% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.400% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.89 | +0.015% | — | — | 25x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.82 | −0.036% | $318K | $628K | 20x | as long as short |
| Bybit NOWUSDT | +0.0165% | 8h | 137.95 | +0.058% | $1.6M | $4.8M | 25x | as long as short |
| BloFin NOW-USDT | +0.0179% | 8h | 137.98 | +0.080% | $46K | $17K | 20x | as long as short |
| Binance NOWUSDT | +0.0199% | 8h | 138.06 | +0.137% | $1.8M | $1.4M | 20x | as long as short |
| tradeXYZ xyz:NOWlong | +0.0334% | 1h | 137.87 | long leg | $2.1M | $229K | 10x | |
| GRVT NOW_USDT_Perp | +0.0500% | 8h | 137.97 | +0.075% | $570 | $150K | 10x | as long as short |
tradeXYZ xyz:NOW
SunX NOW-USDT
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
KuCoin NOWUSDTM
Bybit NOWUSDT
BloFin NOW-USDT
Binance NOWUSDT
GRVT NOW_USDT_Perp