Settings8H · net · $10k
Funding arb · Price arb /

NOW

RWAall NOW markets
SwapBacktest
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: Binance against Bitget+0.036%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.700% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 2 days (all we have)−0.006%−$1 · spread now +0.036%, 7d avg +0.033%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NOWUSDT138.540get 0.0000% / 8h7h 29m$771K$243K20x
ShortBinance NOWUSDT138.590get 0.0000% / 8h7h 29m$1.8M$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$0
Price spread: +0.036% → +0.033%
$0.36
Slippage, 4 orders
−$48.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$69.66
Costs to cover
0.700%
Break-even
never at this rate
Slippage from Bitget: live order book, 41 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 41 min ago1.81 bp16.4 bp −$1626.5 bp −$265doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.44 bp18.6 bp −$1962.4 bp −$624doesn't fitdoesn't fit

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
BloFin NOW-USDT−0.0020%8h138.58+0.029%$46K$17K20xas long as short
Aster NOWUSDT0.0000%8h138.52−0.017%$41K$99520xas long as short
Binance NOWUSDTshort0.0000%8h138.59+0.036%$1.8M$1.5M20x
OKX NOW-USDT-SWAP0.0000%8h138.58+0.029%$501K$211K20xas long as short
QFEX NOW-USD0.0000%1h138.27−0.195%$1.1M$2.0M10xas long as short
Gate NOW_USDT0.0000%8h138.34−0.144%$246K$376K20xas long as short
Bitget NOWUSDTlong0.0000%8h138.54long leg$771K$243K20x
SunX NOW-USDT0.0000%8h138.61+0.051%$750$427K10xas long as short
HTX NOW-USDT0.0000%8h138.55+0.007%$5K$28K20xas long as short
Lighter NOW+0.0032%1h138.44−0.072%$5K$1735xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NOW/USDC PERP+0.0033%1h139.80+0.909%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.36−0.130%25xas long as short
Bybit NOWUSDT+0.0048%8h138.49−0.036%$1.5M$5.7M25xas long as short
KuCoin NOWUSDTM+0.0100%8h138.35−0.137%$318K$664K20xas long as short
tradeXYZ xyz:NOW+0.0211%1h138.26−0.202%$2.1M$231K10xas long as short
GRVT NOW_USDT_Perp+0.0244%8h138.04−0.362%$290$164K10xas long as short