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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0333%/8h= +36.4% APRnext payment +$3.33 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against Aster−0.236%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Bybit is 0.236% cheaper against Aster than usual: you would sell low and buy high (spread −0.236% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 2.4 days of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT141.460.0099pay 0.0099% / 8h7h 33m$42K$85920x
ShortBybit NOWUSDT141.130.0431get 0.0431% / 8h7h 33m$1.6M$298K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
$69.86
Price spread: −0.236% → 0.000%
−$23.6
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$27.26
Costs to cover
0.190%
Break-even
4.3 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 3 min ago. 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 Aster no order-book sample
Sell Bybit live order book, 3 min ago7.81 bp35.0 bp −$35157.8 bp −$1,578doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX NOW-USDT-SWAP0.0000%8h140.91−0.392%$514K$238K20xas long as short
QFEX NOW-USD0.0000%1h140.83−0.448%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h141.11−0.250%$256K$309K20xas long as short
Bitget NOWUSDT0.0000%8h141.00−0.328%$790K$259K20xas long as short
SunX NOW-USDT0.0000%8h141.01−0.321%$1K$302K10xas long as short
HTX NOW-USDT0.0000%8h141.19−0.194%$5K$37K20xas long as short
Lighter NOW+0.0032%1h141.01−0.321%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−1.176%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.95−0.363%25xas long as short
Aster NOWUSDTlong+0.0099%8h141.46long leg$42K$85920x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h140.91−0.392%$317K$667K20xas long as short
BloFin NOW-USDT+0.0174%8h141.00−0.328%$46K$18K20xas long as short
Binance NOWUSDT+0.0190%8h141.17−0.207%$1.9M$1.5M20xas long as short
tradeXYZ xyz:NOW+0.0343%1h140.98−0.342%$2.1M$236K10xas long as short
Bybit NOWUSDTshort+0.0431%8h141.13−0.236%$1.6M$298K25x
GRVT NOW_USDT_Perp+0.0546%8h140.92−0.384%$154$136K10xas long as short