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+0.0211%/8h= +23.1% APRnext payment +$2.11 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Bitget+0.079%85s7-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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.079% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NOWUSDT138.410get 0.0000% / 8h2h 49m$767K$254K20x
ShortBloFin NOW-USDT138.520.0211get 0.0211% / 8h2h 49m$46K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$44.27
Price spread: +0.079% → 0.000%
$7.95
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.22
Costs to cover
0.240%
Break-even
2.5 days
Slippage unknown: Bitget: live order book, 61 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 Bitget live order book, 61 min ago1.09 bp20.0 bp −$2029.3 bp −$293doesn'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
OKX NOW-USDT-SWAP0.0000%8h138.58+0.123%$494K$230K20xas long as short
QFEX NOW-USD0.0000%1h138.32−0.065%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h138.43+0.014%$252K$346K20xas long as short
Bitget NOWUSDTlong0.0000%8h138.41long leg$767K$254K20x
SunX NOW-USDT0.0000%8h138.43+0.014%$678$367K10xas long as short
HTX NOW-USDT0.0000%8h138.57+0.116%$5K$34K20xas long as short
Aster NOWUSDT+0.0020%8h138.67+0.191%$41K$99520xas long as short
Lighter NOW+0.0032%1h138.34−0.051%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.004%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.33−0.058%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.20−0.152%$317K$632K20xas long as short
Binance NOWUSDT+0.0206%8h138.48+0.054%$1.8M$1.4M20xas long as short
BloFin NOW-USDTshort+0.0211%8h138.52+0.079%$46K$17K20x
Bybit NOWUSDT+0.0223%8h138.50+0.065%$1.6M$2.4M25xas long as short
tradeXYZ xyz:NOW+0.0252%1h138.37−0.029%$2.1M$224K10xas long as short
GRVT NOW_USDT_Perp+0.0357%8h138.47+0.045%$226$146K10xas long as short