NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$1.72 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.062%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$660.657% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 4 days (all we have)−0.244%−$24 · spread now −0.062%, 7d avg −0.041%

Together, before fees−0.268%−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.041%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOWUSDT	138.02	0.0172	pay 0.0172% / 8h	4h 18m	$1.8M	$1.4M	20x
Short	Bitget NOWUSDT	137.93	0	get 0.0000% / 8h	4h 18m	$781K	$234K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$36.04
Price spread: −0.062% → −0.041%: −$2.05
Slippage, 4 orders: −$43.73
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$103.82
Costs to cover: 0.657%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 37 min ago.

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 Binance live order book, 15 min ago	1.81 bp	14.2 bp −$14	47.9 bp −$479	doesn't fit	doesn't fit
Sell Bitget live order book, 37 min ago	3.26 bp	24.3 bp −$24	39.7 bp −$397	doesn't fit	doesn't fit

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
QFEX NOW-USD	0.0000%	1h	137.82	−0.142%	$1.1M	$1.6M	10x	as long as short
Aster NOWUSDT	0.0000%	8h	138.35	+0.246%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	137.87	−0.105%	$491K	$227K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	137.97	−0.033%	$248K	$352K	20x	as long as short
Bitget NOWUSDTshort	0.0000%	8h	137.93	−0.062%	$781K	$234K	20x
SunX NOW-USDT	0.0000%	8h	137.99	−0.018%	$948	$384K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.87	−0.105%	$5K	$32K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	−0.076%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.293%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.83	−0.134%	—	—	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.78	−0.171%	$316K	$620K	20x	as long as short
BloFin NOW-USDT	+0.0163%	8h	137.98	−0.026%	$46K	$17K	20x	as long as short
Binance NOWUSDTlong	+0.0172%	8h	138.02	long leg	$1.8M	$1.4M	20x
Bybit NOWUSDT	+0.0241%	8h	138.04	+0.018%	$1.6M	$3.9M	25x	as long as short
tradeXYZ xyz:NOW	+0.0299%	1h	137.90	−0.084%	$2.1M	$226K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0401%	8h	138.01	−0.006%	$533	$149K	10x	as long as short