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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter−0.022%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories
Funding pays, the price is against you. Vest is 0.022% cheaper against Lighter than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 5.3 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NOW137.920.0032pay 0.0004% / 1h57m 10s$5K$1735x
ShortVest NOW-USD-PERP137.890.0046get 0.0006% / 1h57m 10s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Lighter. 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
$2.87
Price spread: −0.022% → 0.000%
−$2.18
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$1.3
Costs to cover
0.020%
Break-even
10.2 days
Slippage unknown: Lighter: no order-book sample; Vest: 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 Lighter no order-book sample
Sell Vest no order-book sample
Lighter and Vest: 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
Aster NOWUSDT0.0000%8h138.53+0.444%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.11+0.138%$498K$212K20xas long as short
QFEX NOW-USD0.0000%1h137.88−0.029%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h138.04+0.087%$245K$369K20xas long as short
Bitget NOWUSDT0.0000%8h138.18+0.189%$781K$236K20xas long as short
SunX NOW-USDT0.0000%8h138.14+0.160%$1K$410K10xas long as short
HTX NOW-USDT0.0000%8h138.07+0.109%$5K$29K20xas long as short
Lighter NOWlong+0.0032%1h137.92long leg$5K$1735x
Injective NOW/USDC PERP+0.0033%1h139.80+1.363%$3K$10112xas long as short
Vest NOW-USD-PERPshort+0.0046%1h137.89−0.022%25x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h137.920.000%$317K$657K20xas long as short
Binance NOWUSDT+0.0100%8h138.07+0.109%$1.8M$1.5M20xas long as short
Bybit NOWUSDT+0.0102%8h138.07+0.109%$1.5M$5.7M25xas long as short
BloFin NOW-USDT+0.0122%8h138.17+0.181%$45K$17K20xas long as short
tradeXYZ xyz:NOW+0.0334%1h137.87−0.036%$2.1M$231K10xas long as short
GRVT NOW_USDT_Perp+0.0846%8h138.21+0.210%$223$157K10xas long as short