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

NOW

RWAall NOW markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.109%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7,208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7,200as in the Price arb table
costs, in and out, $10k−$7,20272.016% of the position
Long on KuCoinShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.109%, 7d avg +0.092%
Together, before fees−0.167%−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.092%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOWUSDTM138.200.0100pay 0.0100% / 8h7h 24m$318K$661K20x
ShortBitget NOWUSDT138.350get 0.0000% / 8h7h 24m$770K$243K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$21
Price spread: +0.109% → +0.092%
$1.62
Slippage, 4 orders
−$7,177.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$7,220.98
Costs to cover
72.016%
Break-even
never at this rate
Slippage from KuCoin: live order book, 29 min ago; Bitget: live order book, 46 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 KuCoin live order book, 29 min ago11.63 bp7076.7 bp −$7,077doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 46 min ago1.81 bp26.0 bp −$2658.7 bp −$587doesn'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
Aster NOWUSDT0.0000%8h138.63+0.312%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.44+0.174%$500K$210K20xas long as short
QFEX NOW-USD0.0000%1h138.15−0.036%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h138.38+0.130%$246K$378K20xas long as short
Bitget NOWUSDTshort0.0000%8h138.35+0.109%$770K$243K20x
SunX NOW-USDT0.0000%8h138.45+0.181%$829$425K10xas long as short
HTX NOW-USDT0.0000%8h138.44+0.174%$5K$29K20xas long as short
BloFin NOW-USDT+0.0019%8h138.47+0.195%$45K$17K20xas long as short
Bybit NOWUSDT+0.0019%8h138.31+0.080%$1.5M$5.7M25xas long as short
Binance NOWUSDT+0.0030%8h138.42+0.158%$1.8M$1.5M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NOW+0.0032%1h138.32+0.087%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.158%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.18−0.014%——25xas long as short
KuCoin NOWUSDTMlong+0.0100%8h138.20long leg$318K$661K20x
tradeXYZ xyz:NOW+0.0222%1h138.22+0.014%$2.1M$231K10xas long as short
GRVT NOW_USDT_Perp+0.0842%8h138.48+0.203%$256$163K10xas long as short