Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Aster against Vest+0.596%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.596% dearer against Vest than usual: you sell high and buy low (spread +0.596% now, against zero (this spread has no 7-day history yet)): +$60 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 43 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOW-USD-PERP	137.88	0.0046	pay 0.0006% / 1h	1m 54s	—	—	25x
Short	Aster NOWUSDT	138.70	0	get 0.0000% / 8h	5h 01m	$41K	$995	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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 VestbpFee AsterbpOrdersPrice spread, now +0.596%Rate

Funding earned: −$9.59
Price spread: +0.596% → 0.000%: $59.59
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: $40
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Vest and Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOWUSDTshort	0.0000%	8h	138.70	+0.596%	$41K	$995	20x
OKX NOW-USDT-SWAP	0.0000%	8h	138.04	+0.116%	$492K	$232K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.87	−0.007%	$1.1M	$1.8M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.99	+0.080%	$248K	$372K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.96	+0.058%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.99	+0.080%	$552	$386K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.13	+0.181%	$5K	$31K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	+0.022%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.393%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPlong	+0.0046%	1h	137.88	long leg	—	—	25x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.80	−0.058%	$318K	$628K	20x	as long as short
Bybit NOWUSDT	+0.0164%	8h	137.94	+0.044%	$1.6M	$4.8M	25x	as long as short
BloFin NOW-USDT	+0.0188%	8h	137.98	+0.073%	$229	$17K	20x	as long as short
Binance NOWUSDT	+0.0201%	8h	138.02	+0.101%	$1.8M	$1.4M	20x	as long as short
tradeXYZ xyz:NOW	+0.0336%	1h	137.85	−0.022%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0514%	8h	137.98	+0.069%	$717	$150K	10x	as long as short