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−0.0027%/8h= −3.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Binance+0.032%71s7-day average · you sell dearer than you buy
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 feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.032% dearer against Binance than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOWUSDT137.990.0172pay 0.0172% / 8h4h 12m$1.8M$1.4M20x
ShortBloFin NOW-USDT138.030.0145get 0.0145% / 8h4h 12m$46K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$5.72
Price spread: +0.032% → 0.000%
$3.18
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$24.55
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago1.81 bp13.0 bp −$1356.7 bp −$567doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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%1h137.77−0.157%$1.1M$1.6M10xas long as short
Aster NOWUSDT0.0000%8h138.30+0.229%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87−0.084%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.97−0.012%$248K$352K20xas long as short
Bitget NOWUSDT0.0000%8h137.95−0.026%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.99+0.003%$1K$385K10xas long as short
HTX NOW-USDT0.0000%8h137.91−0.055%$5K$32K20xas long as short
Lighter NOW+0.0032%1h137.91−0.055%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.315%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.80−0.135%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.81−0.128%$316K$619K20xas long as short
BloFin NOW-USDTshort+0.0145%8h138.03+0.032%$46K$17K20x
Binance NOWUSDTlong+0.0172%8h137.99long leg$1.8M$1.4M20x
Bybit NOWUSDT+0.0218%8h137.97−0.012%$1.6M$3.8M25xas long as short
tradeXYZ xyz:NOW+0.0301%1h137.89−0.070%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0393%8h138.01+0.017%$522$149K10xas long as short