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

NOW

RWAall NOW markets
SwapBacktest
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: Binance against Gate+0.061%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 2 days (all we have)−0.039%−$4 · spread now +0.061%, 7d avg +0.057%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NOW_USDT137.760get 0.0000% / 8h1h 06m$250K$406K20x
ShortBinance NOWUSDT137.840get 0.0000% / 8h1h 06m$1.6M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$0
Price spread: +0.061% → +0.057%
$0.43
Slippage, 4 orders
−$132.04
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$156.61
Costs to cover
1.570%
Break-even
never at this rate
Slippage from Gate: live order book, 9 min ago; Binance: live order book, 12 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 Gate live order book, 9 min ago12.70 bp59.3 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.81 bp10.9 bp −$1153.5 bp −$535doesn'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
BloFin NOW-USDT−0.0010%8h137.87+0.080%$45K$17K20xas long as short
Aster NOWUSDT0.0000%8h137.83+0.050%$41K$99520xas long as short
Binance NOWUSDTshort0.0000%8h137.84+0.061%$1.6M$1.3M20x
Bybit NOWUSDT0.0000%8h137.78+0.015%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87+0.080%$484K$196K20xas long as short
QFEX NOW-USD0.0000%1h137.78+0.015%$1.1M$2.1M10xas long as short
Gate NOW_USDTlong0.0000%8h137.76long leg$250K$406K20x
Bitget NOWUSDT0.0000%8h137.85+0.065%$762K$259K20xas long as short
GRVT NOW_USDT_Perp0.0000%8h137.88+0.086%$211$170K10xas long as short
SunX NOW-USDT0.0000%8h137.83+0.051%$988$437K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NOW-USDT0.0000%8h137.85+0.065%$5K$26K20xas long as short
Lighter NOW+0.0032%1h137.82+0.044%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.481%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.79+0.022%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.69−0.051%$317K$731K20xas long as short
tradeXYZ xyz:NOW+0.0251%1h137.77+0.007%$2.1M$200K10xas long as short