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: Aster against Bitget+0.201%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Aster

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: Aster is 0.201% dearer against Bitget than usual: you sell high and buy low, +$20 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	Bitget NOWUSDT	137.96	0	get 0.0000% / 8h	6h 03m	$781K	$234K	20x
Short	Aster NOWUSDT	138.24	0	get 0.0000% / 8h	6h 03m	$41K	$995	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.201%Rate

Funding earned: $0
Price spread: +0.201% → 0.000%: $20.06
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $0.06
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Bitget: live order book, 62 min ago; Aster: 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 Bitget live order book, 62 min ago	5.78 bp	16.1 bp −$16	33.0 bp −$330	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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 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 NOWUSDTshort	0.0000%	8h	138.24	+0.201%	$41K	$995	20x
OKX NOW-USDT-SWAP	0.0000%	8h	137.94	−0.014%	$488K	$227K	20x	as long as short
QFEX NOW-USD	0.0000%	1h	137.84	−0.087%	$1.1M	$1.9M	10x	as long as short
Gate NOW_USDT	0.0000%	8h	138.00	+0.029%	$245K	$373K	20x	as long as short
Bitget NOWUSDTlong	0.0000%	8h	137.96	long leg	$781K	$234K	20x
SunX NOW-USDT	0.0000%	8h	138.00	+0.029%	$907	$393K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	138.08	+0.087%	$5K	$30K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	−0.036%	$5K	$178	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.334%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.84	−0.087%	—	—	25x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.77	−0.138%	$318K	$655K	20x	as long as short
Binance NOWUSDT	+0.0160%	8h	137.99	+0.022%	$1.8M	$1.5M	20x	as long as short
Bybit NOWUSDT	+0.0217%	8h	138.01	+0.036%	$1.6M	$4.9M	25x	as long as short
tradeXYZ xyz:NOW	+0.0347%	1h	137.86	−0.072%	$2.1M	$229K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0591%	8h	138.00	+0.029%	$298	$152K	10x	as long as short