Funding arb · Price arb /

NOW

RWAall NOW markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against HTX+0.014%7-day average — · you sell dearer than you buy

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

Long on HTX Short 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NOW-USDT	140.15	0	get 0.0000% / 8h	5h 52m	$5K	$37K	20x
Short	Bitget NOWUSDT	140.17	0	get 0.0000% / 8h	5h 52m	$817K	$285K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → 0.000%: $1.43
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$22.57
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Bitget: live order book, 56 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 56 min ago	3.91 bp	30.6 bp −$31	48.0 bp −$480	doesn't fit	doesn't fit

HTX: 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 exchanges

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	−0.0001%	1h	139.95	−0.143%	$1.1M	$1.4M	10x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	140.31	+0.114%	$520K	$259K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	140.22	+0.050%	$241K	$333K	20x	as long as short
Bitget NOWUSDTshort	0.0000%	8h	140.17	+0.014%	$817K	$285K	20x
SunX NOW-USDT	0.0000%	8h	140.27	+0.086%	$749	$275K	10x	as long as short
HTX NOW-USDTlong	0.0000%	8h	140.15	long leg	$5K	$37K	20x
Lighter NOW	+0.0032%	1h	140.08	−0.050%	$5K	$309	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	−0.250%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	140.09	−0.043%	—	—	25x	as long as short
Aster NOWUSDT	+0.0088%	8h	140.07	−0.056%	$41K	$4K	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	140.23	+0.057%	$310K	$761K	20x	as long as short
Binance NOWUSDT	+0.0186%	8h	140.23	+0.057%	$1.9M	$1.5M	20x	as long as short
BloFin NOW-USDT	+0.0208%	8h	140.30	+0.107%	$46K	$19K	20x	as long as short
tradeXYZ xyz:NOW	+0.0341%	1h	140.09	−0.043%	$2.1M	$243K	10x	as long as short
Bybit NOWUSDT	+0.0341%	8h	140.23	+0.057%	$1.6M	$187K	25x	as long as short
GRVT NOW_USDT_Perp	+0.0408%	8h	140.19	+0.030%	$564	$120K	10x	as long as short