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Funding arb · Price arb /

NOW

RWAall NOW markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0116%/8h= −12.7% APRnext payment −$1.16 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BloFin−0.101%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on BloFinShort on Bitget
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—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.101% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NOW-USDT138.370.0116pay 0.0116% / 8h7h 04m$45K$17K20x
ShortBitget NOWUSDT138.230get 0.0000% / 8h7h 04m$781K$240K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$24.32
Price spread: −0.101% → 0.000%
−$10.12
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$58.44
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 1 min ago. 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 BloFin no order-book sample—————
Sell Bitget live order book, 1 min ago5.78 bp19.5 bp −$2042.1 bp −$421doesn't fitdoesn't fit
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
Aster NOWUSDT0.0000%8h138.43+0.046%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.26−0.079%$499K$212K20xas long as short
QFEX NOW-USD0.0000%1h138.23−0.101%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h138.09−0.202%$245K$380K20xas long as short
Bitget NOWUSDTshort0.0000%8h138.23−0.101%$781K$240K20x
SunX NOW-USDT0.0000%8h138.41+0.029%$961$410K10xas long as short
HTX NOW-USDT0.0000%8h138.43+0.043%$5K$29K20xas long as short
Lighter NOW+0.0032%1h138.10−0.195%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.033%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.26−0.079%——25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NOWUSDT+0.0067%8h138.22−0.108%$1.5M$5.7M25xas long as short
KuCoin NOWUSDTM+0.0100%8h138.14−0.166%$317K$658K20xas long as short
Binance NOWUSDT+0.0103%8h138.17−0.145%$1.8M$1.5M20xas long as short
BloFin NOW-USDTlong+0.0116%8h138.37long leg$45K$17K20x
tradeXYZ xyz:NOW+0.0249%1h138.11−0.188%$2.1M$231K10xas long as short
GRVT NOW_USDT_Perp+0.1027%8h138.38+0.007%$234$157K10xas long as short