Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Aster−0.581%47s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.581% cheaper against Aster than usual: you would sell low and buy high (spread −0.581% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$58 on $10k: about 42 days of funding at the current rate (+$1 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NOWUSDT	138.61	0	get 0.0000% / 8h	6h 17m	$41K	$995	20x
Short	Vest NOW-USD-PERP	137.80	0.0046	get 0.0006% / 1h	17m 39s	—	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.581%Rate

Funding earned: $9.59
Price spread: −0.581% → 0.000%: −$58.11
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$58.52
Costs to cover: 0.100%
Break-even: 49.7 days

Slippage unknown: Aster: no order-book sample; Vest: no order-book sample. 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 Vest no order-book sample	—	—	—	—	—

Aster and Vest: 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 15 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	138.61	long leg	$41K	$995	20x
OKX NOW-USDT-SWAP	0.0000%	8h	137.94	−0.480%	$488K	$227K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.79	−0.588%	$1.1M	$1.9M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	137.97	−0.458%	$245K	$371K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.96	−0.466%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	138.00	−0.437%	$1K	$401K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.88	−0.523%	$5K	$29K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.90	−0.509%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+0.862%	$3K	$101	12x	as long as short
Vest NOW-USD-PERPshort	+0.0046%	1h	137.80	−0.581%	—	—	25x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.83	−0.559%	$316K	$657K	20x	as long as short
Binance NOWUSDT	+0.0136%	8h	138.05	−0.404%	$1.8M	$1.5M	20x	as long as short
Bybit NOWUSDT	+0.0148%	8h	137.99	−0.444%	$1.6M	$5.1M	25x	as long as short
tradeXYZ xyz:NOW	+0.0318%	1h	137.82	−0.567%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0552%	8h	137.93	−0.486%	$559	$154K	10x	as long as short