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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.83 per $10,000 · paid last 24h −0.036%
Price spread now: BloFin against KuCoin+0.131%95s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.131% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOWUSDTM137.800.0100pay 0.0100% / 8h4h 07m$317K$623K20x
ShortBloFin NOW-USDT137.980.0183get 0.0183% / 8h4h 07m$46K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$17.4
Price spread: +0.131% → 0.000%
$13.06
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$6.46
Costs to cover
0.240%
Break-even
4.4 days
Slippage unknown: KuCoin: live order book, 6 min ago; BloFin: no order-book sample. Net counts fees only.

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, 6 min ago14.16 bp286.7 bp −$287doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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 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
QFEX NOW-USD0.0000%1h137.77−0.022%$1.1M$1.6M10xas long as short
Aster NOWUSDT0.0000%8h138.29+0.355%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87+0.051%$491K$227K20xas long as short
Gate NOW_USDT0.0000%8h137.97+0.123%$248K$353K20xas long as short
Bitget NOWUSDT0.0000%8h137.95+0.109%$781K$234K20xas long as short
SunX NOW-USDT0.0000%8h137.98+0.131%$942$385K10xas long as short
HTX NOW-USDT0.0000%8h137.85+0.036%$5K$32K20xas long as short
Lighter NOW+0.0032%1h137.91+0.080%$5K$1785xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.451%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.79−0.007%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTMlong+0.0100%8h137.80long leg$317K$623K20x
Binance NOWUSDT+0.0176%8h138.01+0.153%$1.8M$1.4M20xas long as short
BloFin NOW-USDTshort+0.0183%8h137.98+0.131%$46K$17K20x
Bybit NOWUSDT+0.0199%8h137.96+0.116%$1.6M$3.7M25xas long as short
tradeXYZ xyz:NOW+0.0298%1h137.89+0.065%$2.1M$226K10xas long as short
GRVT NOW_USDT_Perp+0.0390%8h138.01+0.152%$516$149K10xas long as short