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

NOW

RWAall NOW markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.108%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7,195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7,203as in the Price arb table
costs, in and out, $10k−$7,20272.016% of the position
Long on BitgetShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.108%, 7d avg −0.092%
Together, before fees+0.167%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.092%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NOWUSDT138.350get 0.0000% / 8h7h 24m$770K$243K20x
ShortKuCoin NOWUSDTM138.200.0100get 0.0100% / 8h7h 24m$318K$661K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.108% → −0.092%
−$1.6
Slippage, 4 orders
−$7,177.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7,182.2
Costs to cover
72.016%
Break-even
2401.1 days
Slippage from Bitget: live order book, 46 min ago; KuCoin: live order book, 29 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, 46 min ago1.81 bp16.4 bp −$1626.5 bp −$265doesn't fitdoesn't fit
Sell KuCoin live order book, 29 min ago11.63 bp82.4 bp −$82doesn't fitdoesn'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
Aster NOWUSDT0.0000%8h138.63+0.203%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.44+0.065%$500K$210K20xas long as short
QFEX NOW-USD0.0000%1h138.15−0.145%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h138.38+0.022%$246K$378K20xas long as short
Bitget NOWUSDTlong0.0000%8h138.35long leg$770K$243K20x
SunX NOW-USDT0.0000%8h138.45+0.072%$829$425K10xas long as short
HTX NOW-USDT0.0000%8h138.44+0.065%$5K$29K20xas long as short
BloFin NOW-USDT+0.0019%8h138.47+0.087%$45K$17K20xas long as short
Bybit NOWUSDT+0.0019%8h138.31−0.029%$1.5M$5.7M25xas long as short
Binance NOWUSDT+0.0030%8h138.42+0.049%$1.8M$1.5M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NOW+0.0032%1h138.32−0.022%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.048%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.18−0.123%——25xas long as short
KuCoin NOWUSDTMshort+0.0100%8h138.20−0.108%$318K$661K20x
tradeXYZ xyz:NOW+0.0222%1h138.22−0.094%$2.1M$231K10xas long as short
GRVT NOW_USDT_Perp+0.0842%8h138.48+0.094%$256$163K10xas long as short