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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.64 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Aster−0.184%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.184% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT139.130.0064pay 0.0064% / 8h1h 54m$41K$99520x
ShortGate NOW_USDT138.870get 0.0000% / 8h1h 54m$253K$345K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$13.38
Price spread: −0.184% → 0.000%
−$18.41
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$54.8
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 50 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 Gate live order book, 50 min ago9.76 bp184.5 bp −$184doesn't fitdoesn'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%8h138.91−0.155%$496K$231K20xas long as short
QFEX NOW-USD0.0000%1h138.78−0.249%$1.1M$1.5M10xas long as short
Gate NOW_USDTshort0.0000%8h138.87−0.184%$253K$345K20x
Bitget NOWUSDT0.0000%8h138.85−0.199%$769K$254K20xas long as short
SunX NOW-USDT0.0000%8h138.92−0.148%$947$348K10xas long as short
HTX NOW-USDT0.0000%8h138.64−0.349%$5K$36K20xas long as short
Lighter NOW+0.0032%1h138.82−0.220%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.484%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.82−0.220%25xas long as short
Aster NOWUSDTlong+0.0064%8h139.13long leg$41K$99520x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.71−0.299%$319K$630K20xas long as short
Binance NOWUSDT+0.0210%8h138.91−0.155%$1.8M$1.4M20xas long as short
BloFin NOW-USDT+0.0215%8h138.99−0.098%$46K$18K20xas long as short
Bybit NOWUSDT+0.0232%8h138.87−0.184%$1.6M$1.5M25xas long as short
tradeXYZ xyz:NOW+0.0235%1h138.84−0.206%$2.1M$228K10xas long as short
GRVT NOW_USDT_Perp+0.0310%8h138.93−0.141%$374$143K10xas long as short