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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against SunX+0.044%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 +$1 a day on $10k at the current rate, and BloFin is 0.044% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOW-USDT137.900get 0.0000% / 8h38m 50s$794$435K10x
ShortBloFin NOW-USDT137.960.0025get 0.0025% / 8h38m 50s$45K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$5.35
Price spread: +0.044% → 0.000%
$4.35
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.3
Costs to cover
0.200%
Break-even
20.5 days
Slippage unknown: SunX: live order book, 22 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 SunX live order book, 22 min ago47.88 bp65.9 bp −$66doesn'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%1h137.72−0.131%$1.1M$2.1M10xas long as short
Aster NOWUSDT0.0000%8h137.86−0.029%$41K$99520xas long as short
Binance NOWUSDT0.0000%8h137.88−0.015%$1.6M$1.3M20xas long as short
Bybit NOWUSDT0.0000%8h137.86−0.029%$1.5M$5.7M25xas long as short
OKX NOW-USDT-SWAP0.0000%8h137.87−0.022%$484K$196K20xas long as short
Gate NOW_USDT0.0000%8h137.84−0.044%$251K$396K20xas long as short
Bitget NOWUSDT0.0000%8h137.88−0.015%$762K$274K20xas long as short
GRVT NOW_USDT_Perp0.0000%8h137.89−0.007%$415$168K10xas long as short
SunX NOW-USDTlong0.0000%8h137.90long leg$794$435K10x
HTX NOW-USDT0.0000%8h138.09+0.138%$5K$27K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NOW-USDTshort+0.0025%8h137.96+0.044%$45K$17K20x
Lighter NOW+0.0032%1h137.80−0.073%$5K$1735xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.378%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h137.73−0.123%25xas long as short
KuCoin NOWUSDTM+0.0100%8h137.61−0.210%$317K$705K20xas long as short
tradeXYZ xyz:NOW+0.0285%1h137.80−0.073%$2.1M$201K10xas long as short