Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Aster+0.050%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 SunX

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: SunX is 0.050% dearer against Aster than usual: you sell high and buy low, +$5 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	137.88	0	get 0.0000% / 8h	7h 48m	$41K	$995	20x
Short	SunX NOW-USDT	137.95	0	get 0.0000% / 8h	7h 48m	$843	$427K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $0
Price spread: +0.050% → 0.000%: $4.98
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$11.02
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago	47.48 bp	66.2 bp −$66	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	137.88	long leg	$41K	$995	20x
Binance NOWUSDT	0.0000%	8h	137.89	+0.005%	$1.6M	$1.2M	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	138.09	+0.151%	$498K	$207K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.76	−0.088%	$1.1M	$2.1M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.91	+0.021%	$250K	$364K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.85	−0.023%	$764K	$228K	20x	as long as short
SunX NOW-USDTshort	0.0000%	8h	137.95	+0.050%	$843	$427K	10x
HTX NOW-USDT	0.0000%	8h	137.92	+0.028%	$5K	$28K	20x	as long as short
BloFin NOW-USDT	+0.0011%	8h	137.99	+0.079%	$45K	$17K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.89	+0.006%	$5K	$173	5x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.392%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.77	−0.081%	—	—	25x	as long as short
Bybit NOWUSDT	+0.0085%	8h	137.90	+0.014%	$1.5M	$5.7M	25x	as long as short
KuCoin NOWUSDTM	+0.0100%	8h	137.58	−0.219%	$317K	$674K	20x	as long as short
GRVT NOW_USDT_Perp	+0.0161%	8h	137.97	+0.066%	$370	$165K	10x	as long as short
tradeXYZ xyz:NOW	+0.0179%	1h	137.86	−0.015%	$2.1M	$201K	10x	as long as short