Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Aster+0.061%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on OKX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.061% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NOWUSDT	137.67	0	get 0.0000% / 8h	3h 30m	$41K	$995	20x
Short	OKX NOW-USDT-SWAP	137.75	0	get 0.0000% / 8h	3h 30m	$481K	$209K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee AsterbpFee OKXbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → 0.000%: $6.11
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$11.89
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; OKX: live order book, 15 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 Aster no order-book sample	—	—	—	—	—
Sell OKX live order book, 15 min ago	5.80 bp	28.6 bp −$29	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOWUSDTlong	0.0000%	8h	137.67	long leg	$41K	$995	20x
Binance NOWUSDT	0.0000%	8h	137.73	+0.046%	$1.6M	$1.3M	20x	as long as short
OKX NOW-USDT-SWAPshort	0.0000%	8h	137.75	+0.061%	$481K	$209K	20x
QFEX NOW-USD	0.0000%	1h	137.57	−0.070%	$1.1M	$2.0M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.66	−0.004%	$249K	$409K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.73	+0.047%	$758K	$272K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.82	+0.112%	$919	$468K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.87	+0.148%	$5K	$23K	20x	as long as short
GRVT NOW_USDT_Perp	+0.0020%	8h	137.77	+0.076%	$263	$169K	10x	as long as short
BloFin NOW-USDT	+0.0022%	8h	137.77	+0.076%	$45K	$17K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NOW	+0.0032%	1h	137.70	+0.025%	$5K	$262	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.550%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.58	−0.062%	—	—	25x	as long as short
Bybit NOWUSDT	+0.0055%	8h	137.68	+0.010%	$1.5M	$5.8M	25x	as long as short
KuCoin NOWUSDTM	+0.0100%	8h	137.56	−0.077%	$319K	$777K	20x	as long as short
tradeXYZ xyz:NOW	+0.0576%	1h	137.66	−0.004%	$2.1M	$197K	10x	as long as short