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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against OKX+0.043%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1741.738% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.541%+$54 · spread now +0.043%, 7d avg +0.045%
Together, before fees+0.541%+$54 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NOW-USDT-SWAP140.830get 0.0000% / 8h6h 54m$517K$241K20x
ShortSunX NOW-USDT140.890get 0.0000% / 8h6h 54m$1K$294K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.043% → +0.045%
−$0.28
Slippage, 4 orders
−$155.82
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$174.1
Costs to cover
1.738%
Break-even
never at this rate
Slippage from OKX: live order book, 37 min ago; SunX: live order book, 47 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 OKX live order book, 37 min ago5.32 bp13.0 bp −$13768.0 bp −$7,680doesn't fitdoesn't fit
Sell SunX live order book, 47 min ago46.53 bp65.5 bp −$66doesn't fitdoesn'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
OKX NOW-USDT-SWAPlong0.0000%8h140.83long leg$517K$241K20x
QFEX NOW-USD0.0000%1h140.67−0.114%$1.1M$1.4M10xas long as short
Gate NOW_USDT0.0000%8h140.67−0.114%$246K$341K20xas long as short
Bitget NOWUSDT0.0000%8h140.71−0.085%$817K$281K20xas long as short
SunX NOW-USDTshort0.0000%8h140.89+0.043%$1K$294K10x
HTX NOW-USDT0.0000%8h140.92+0.064%$5K$37K20xas long as short
Lighter NOW+0.0032%1h140.71−0.085%$5K$3095xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80−0.731%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h140.75−0.057%25xas long as short
Aster NOWUSDT+0.0096%8h141.01+0.125%$42K$85920xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h140.74−0.064%$311K$703K20xas long as short
BloFin NOW-USDT+0.0159%8h140.79−0.028%$46K$19K20xas long as short
tradeXYZ xyz:NOW+0.0187%1h140.68−0.107%$2.1M$242K10xas long as short
Binance NOWUSDT+0.0189%8h140.66−0.121%$1.9M$1.5M20xas long as short
Bybit NOWUSDT+0.0303%8h140.81−0.014%$1.6M$286K25xas long as short
GRVT NOW_USDT_Perp+0.0499%8h140.84+0.007%$123K10xas long as short