Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Bybit+0.062%7-day average — · you sell dearer than you buy

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

Long on Bybit 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 0.062% dearer against Bybit than usual: you sell high and buy low, +$6 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	Bybit NOWUSDT	137.82	0	get 0.0000% / 8h	19m 20s	$1.5M	$5.7M	25x
Short	Aster NOWUSDT	137.91	0	get 0.0000% / 8h	19m 20s	$41K	$995	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → 0.000%: $6.24
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$12.76
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago	1.09 bp	73.2 bp −$73	161.8 bp −$1,618	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 16 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
QFEX NOW-USD	0.0000%	1h	137.69	−0.094%	$1.1M	$2.1M	10x	as long as short
Aster NOWUSDTshort	0.0000%	8h	137.91	+0.062%	$41K	$995	20x
Binance NOWUSDT	0.0000%	8h	137.89	+0.051%	$1.6M	$1.3M	20x	as long as short
Bybit NOWUSDTlong	0.0000%	8h	137.82	long leg	$1.5M	$5.7M	25x
OKX NOW-USDT-SWAP	0.0000%	8h	137.87	+0.036%	$484K	$196K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	137.89	+0.051%	$251K	$397K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.88	+0.044%	$762K	$254K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.91	+0.065%	$731	$435K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.92	+0.073%	$5K	$28K	20x	as long as short
GRVT NOW_USDT_Perp	+0.0008%	8h	137.92	+0.072%	$404	$167K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin NOW-USDT	+0.0024%	8h	137.96	+0.102%	$45K	$17K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.84	+0.015%	$5K	$173	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	+1.437%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	137.70	−0.087%	—	—	25x	as long as short
KuCoin NOWUSDTM	+0.0100%	8h	137.66	−0.116%	$318K	$687K	20x	as long as short
tradeXYZ xyz:NOW	+0.0328%	1h	137.79	−0.022%	$2.1M	$201K	10x	as long as short