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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter against Vest+0.087%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.087% dearer against Vest than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest NOW-USD-PERP137.790.0046pay 0.0006% / 1h10m 16s25x
ShortLighter NOW137.910.0032get 0.0004% / 1h10m 16s$5K$1785x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$2.87
Price spread: +0.087% → 0.000%
$8.71
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Lighter: 0 bp × 2 orders
$0
Net
$3.84
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Lighter: 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 Vest no order-book sample
Sell Lighter no order-book sample
Vest and Lighter: 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%1h137.77−0.015%$1.1M$1.6M10xas long as short
Aster NOWUSDT0.0000%8h138.35+0.403%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87+0.058%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.99+0.145%$248K$352K20xas long as short
Bitget NOWUSDT0.0000%8h137.95+0.116%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.98+0.138%$1K$385K10xas long as short
HTX NOW-USDT0.0000%8h137.85+0.044%$5K$32K20xas long as short
Lighter NOWshort+0.0032%1h137.91+0.087%$5K$1785x
Injective NOW/USDC PERP+0.0033%1h139.80+1.459%$3K$10112xas long as short
Vest NOW-USD-PERPlong+0.0046%1h137.79long leg25x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.81+0.015%$316K$621K20xas long as short
BloFin NOW-USDT+0.0155%8h138.03+0.174%$46K$17K20xas long as short
Binance NOWUSDT+0.0173%8h137.99+0.144%$1.8M$1.4M20xas long as short
Bybit NOWUSDT+0.0211%8h137.97+0.131%$1.6M$3.7M25xas long as short
tradeXYZ xyz:NOW+0.0300%1h137.89+0.073%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0393%8h138.01+0.160%$522$149K10xas long as short