NOW

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+1.962%

7d average—if it closes, per $10,000$196funding while held, a day+$0.96

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NOWUSDT	137.11	0.0001	pay 0.0001% / 8h	5h 19m	$1.5M	$5.8M	25x
Short	Injective NOW/USDC PERP	139.80	0.0033	get 0.0004% / 1h	19m 21s	$3K	$101	12x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee BybitbpFee InjectivebpOrdersClose when spread is

Spread captured: $196.19
Funding while held: $0.96
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $186.14
Spread needed to break even: 0.110%

Slippage unknown: Bybit: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0032%
Per $10,000 a day: +$0.96
Average in range /8h: —

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, 5 min ago	3.64 bp	50.8 bp −$51	171.5 bp −$1,715	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 price on every exchange

against the cheapest. Click to use as the short leg.

KuCoin136.89cheapest Vest136.97+0.058%QFEX136.98+0.066%Lighter137.02+0.095%Aster137.06+0.121%OKX137.06+0.124%Gate137.06+0.124%tradeXYZ137.09+0.146%

Bybit137.11+0.161%

Bitget137.11+0.161%Binance137.15+0.188%SunX137.22+0.241%HTX137.23+0.248%BloFin137.29+0.292%

Injective139.80+2.126%

NOW on 15 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	−0.160%	+0.0100%	8h	$318K	$779K	20x	as long as short
Vest NOW-USD-PERP	−0.102%	+0.0046%	1h	—	—	25x	as long as short
QFEX NOW-USD	−0.095%	0.0000%	1h	$1.1M	$2.0M	10x	as long as short
Lighter NOW	−0.066%	+0.0032%	1h	$5K	$242	5x	as long as short
Aster NOWUSDT	−0.040%	0.0000%	8h	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	−0.036%	0.0000%	8h	$479K	$208K	20x	as long as short
Gate NOW_USDT	−0.036%	0.0000%	8h	$248K	$413K	20x	as long as short
tradeXYZ xyz:NOW	−0.015%	+0.0101%	1h	$2.1M	$136K	10x	as long as short
Bybit NOWUSDTlong	0.000%	+0.0001%	8h	$1.5M	$5.8M	25x
Bitget NOWUSDT	0.000%	0.0000%	8h	$751K	$281K	20x	as long as short

Show all 15 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Binance NOWUSDT	+0.027%	0.0000%	8h	$1.6M	$1.3M	20x	as long as short
SunX NOW-USDT	+0.080%	0.0000%	8h	$737	$488K	10x	as long as short
HTX NOW-USDT	+0.088%	0.0000%	8h	$5K	$21K	20x	as long as short
BloFin NOW-USDT	+0.131%	−0.0020%	8h	$46K	$16K	20x	as long as short
Injective NOW/USDC PERPshort	+1.962%	+0.0033%	1h	$3K	$101	12x