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+0.0208%/8h= +22.8% APRnext payment +$2.08 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against OKX+0.173%7-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 +$6 a day on $10k at the current rate, and BloFin is 0.173% dearer against OKX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NOW-USDT-SWAP138.890get 0.0000% / 8h1h 38m$496K$232K20x
ShortBloFin NOW-USDT139.130.0208get 0.0208% / 8h1h 38m$46K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$43.65
Price spread: +0.173% → 0.000%
$17.28
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$38.93
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago10.43 bp31.4 bp −$311528.8 bp −$15.3Kdoesn'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
OKX NOW-USDT-SWAPlong0.0000%8h138.89long leg$496K$232K20x
QFEX NOW-USD0.0000%1h138.96+0.050%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h139.05+0.115%$253K$347K20xas long as short
Bitget NOWUSDT0.0000%8h139.03+0.101%$770K$255K20xas long as short
SunX NOW-USDT0.0000%8h139.04+0.108%$964$349K10xas long as short
HTX NOW-USDT0.0000%8h139.02+0.094%$5K$36K20xas long as short
Lighter NOW+0.0032%1h139.00+0.079%$5K$1715xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+0.655%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h139.00+0.079%25xas long as short
Aster NOWUSDT+0.0067%8h139.30+0.298%$41K$99520xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.93+0.029%$320K$633K20xas long as short
tradeXYZ xyz:NOW+0.0179%1h138.98+0.065%$2.1M$228K10xas long as short
Bybit NOWUSDT+0.0197%8h139.08+0.137%$1.6M$1.2M25xas long as short
Binance NOWUSDT+0.0203%8h139.09+0.142%$1.8M$1.5M20xas long as short
BloFin NOW-USDTshort+0.0208%8h139.13+0.173%$46K$18K20x
GRVT NOW_USDT_Perp+0.0302%8h139.03+0.101%$356$143K10xas long as short