NOW

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.029%

7d average—if it closes, per $10,000$3funding while held, a day+$0.18

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NOW-USDT	137.18	0	get 0.0000% / 8h	5h 23m	$5K	$21K	20x
Short	Bybit NOWUSDT	137.22	0.0006	get 0.0006% / 8h	5h 23m	$1.5M	$5.8M	25x

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 HTXbpFee BybitbpOrdersClose when spread is

Spread captured: $2.92
Funding while held: $0.18
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$19.9
Spread needed to break even: 0.230%

Slippage unknown: HTX: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0006%
Per $10,000 a day: +$0.18
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 HTX no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	3.64 bp	72.6 bp −$73	149.6 bp −$1,496	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 price on every exchange

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

KuCoin137.07cheapest Aster137.10+0.020%Lighter137.10+0.022%QFEX137.10+0.022%tradeXYZ137.15+0.058%Gate137.15+0.058%Bitget137.16+0.066%

HTX137.18+0.080%

Binance137.19+0.088%Vest137.19+0.088%BloFin137.21+0.102%

Bybit137.22+0.109%

OKX137.22+0.109%SunX137.29+0.161%Injective139.80+1.992%

NOW on 15 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	−0.080%	+0.0100%	8h	$312K	$778K	20x	as long as short
Aster NOWUSDT	−0.060%	0.0000%	8h	$41K	$995	20x	as long as short
Lighter NOW	−0.058%	+0.0032%	1h	$5K	$242	5x	as long as short
QFEX NOW-USD	−0.058%	0.0000%	1h	$1.1M	$1.9M	10x	as long as short
tradeXYZ xyz:NOW	−0.022%	+0.0085%	1h	$2.1M	$135K	10x	as long as short
Gate NOW_USDT	−0.022%	0.0000%	8h	$248K	$413K	20x	as long as short
Bitget NOWUSDT	−0.015%	0.0000%	8h	$751K	$281K	20x	as long as short
HTX NOW-USDTlong	0.000%	0.0000%	8h	$5K	$21K	20x
Binance NOWUSDT	+0.007%	0.0000%	8h	$1.6M	$1.3M	20x	as long as short
Vest NOW-USD-PERP	+0.007%	+0.0046%	1h	—	—	25x	as long as short

Show all 15 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin NOW-USDT	+0.022%	−0.0026%	8h	$46K	$16K	20x	as long as short
Bybit NOWUSDTshort	+0.029%	+0.0006%	8h	$1.5M	$5.8M	25x
OKX NOW-USDT-SWAP	+0.029%	0.0000%	8h	$480K	$208K	20x	as long as short
SunX NOW-USDT	+0.080%	0.0000%	8h	$884	$488K	10x	as long as short
Injective NOW/USDC PERP	+1.910%	+0.0033%	1h	$3K	$101	12x	as long as short