Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Bitget against Vest+0.057%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 Bitget

What this pair did over the last

the charts below follow

Funding, last 4 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 · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.057% dearer against Vest than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOW-USD-PERP	140.25	0.0046	pay 0.0006% / 1h	44m 36s	—	—	25x
Short	Bitget NOWUSDT	140.33	0	get 0.0000% / 8h	4h 44m	$823K	$278K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$9.59
Price spread: +0.057% → 0.000%: $5.7
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$17.89
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 59 min ago. 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 Bitget live order book, 59 min ago	7.85 bp	48.8 bp −$49	56.0 bp −$560	doesn't fit	doesn't fit

Vest: 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 exchanges

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
OKX NOW-USDT-SWAP	0.0000%	8h	140.42	+0.121%	$521K	$259K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	140.14	−0.078%	$1.1M	$1.5M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	140.41	+0.114%	$241K	$288K	20x	as long as short
Bitget NOWUSDTshort	0.0000%	8h	140.33	+0.057%	$823K	$278K	20x
SunX NOW-USDT	0.0000%	8h	140.39	+0.100%	$981	$256K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	140.51	+0.185%	$5K	$36K	20x	as long as short
Lighter NOW	+0.0032%	1h	140.33	+0.057%	$5K	$309	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	−0.321%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPlong	+0.0046%	1h	140.25	long leg	—	—	25x
KuCoin NOWUSDTM	+0.0100%	8h	140.42	+0.121%	$307K	$823K	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOWUSDT	+0.0264%	8h	141.92	+1.194%	$42K	$4K	20x	as long as short
BloFin NOW-USDT	+0.0382%	8h	140.38	+0.093%	$47K	$19K	20x	as long as short
tradeXYZ xyz:NOW	+0.0393%	1h	140.24	−0.007%	$2.1M	$245K	10x	as long as short
Binance NOWUSDT	+0.0394%	8h	140.38	+0.093%	$1.9M	$1.6M	20x	as long as short
Bybit NOWUSDT	+0.0440%	8h	140.38	+0.093%	$1.6M	$186K	25x	as long as short
GRVT NOW_USDT_Perp	+0.0895%	8h	140.45	+0.141%	$353	$118K	10x	as long as short