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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster−0.270%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 5 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. KuCoin is 0.270% cheaper against Aster than usual: you would sell low and buy high (spread −0.270% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 9.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NOWUSDT138.180get 0.0000% / 8h4h 36m$41K$99520x
ShortKuCoin NOWUSDTM137.810.0100get 0.0100% / 8h4h 36m$317K$618K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.270% → 0.000%
−$27
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$26
Costs to cover
0.200%
Break-even
15.7 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 48 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 KuCoin live order book, 48 min ago10.54 bp120.6 bp −$121doesn'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
QFEX NOW-USD0.0000%1h137.81−0.270%$1.1M$1.7M10xas long as short
Aster NOWUSDTlong0.0000%8h138.18long leg$41K$99520x
OKX NOW-USDT-SWAP0.0000%8h138.00−0.133%$492K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.98−0.147%$248K$351K20xas long as short
Bitget NOWUSDT0.0000%8h137.91−0.198%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.97−0.154%$553$386K10xas long as short
HTX NOW-USDT0.0000%8h138.08−0.075%$5K$32K20xas long as short
Lighter NOW+0.0032%1h137.91−0.198%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.170%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.82−0.263%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTMshort+0.0100%8h137.81−0.270%$317K$618K20x
Binance NOWUSDT+0.0188%8h138.00−0.136%$1.8M$1.4M20xas long as short
BloFin NOW-USDT+0.0195%8h138.05−0.096%$46K$17K20xas long as short
Bybit NOWUSDT+0.0261%8h138.06−0.089%$1.6M$4.3M25xas long as short
tradeXYZ xyz:NOW+0.0278%1h137.89−0.212%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0452%8h138.02−0.118%$552$149K10xas long as short