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

NOW

RWAall NOW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against SunX−0.065%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1601.601% 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)−0.142%−$14 · spread now −0.065%, 7d avg −0.048%
Together, before fees−0.142%−$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOW-USDT138.410get 0.0000% / 8h3h 06m$660$369K10x
ShortOKX NOW-USDT-SWAP138.320get 0.0000% / 8h3h 06m$493K$228K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.065% → −0.048%
−$1.75
Slippage, 4 orders
−$142.08
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$161.83
Costs to cover
1.601%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; OKX: live order book, 45 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 SunX live order book, 5 min ago45.94 bp64.3 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 45 min ago6.88 bp15.4 bp −$151056.7 bp −$10.6Kdoesn'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-SWAPshort0.0000%8h138.32−0.065%$493K$228K20x
QFEX NOW-USD0.0000%1h138.25−0.116%$1.1M$1.5M10xas long as short
Gate NOW_USDT0.0000%8h138.32−0.065%$249K$354K20xas long as short
Bitget NOWUSDT0.0000%8h138.27−0.101%$766K$254K20xas long as short
SunX NOW-USDTlong0.0000%8h138.41long leg$660$369K10x
HTX NOW-USDT0.0000%8h138.25−0.116%$5K$34K20xas long as short
Aster NOWUSDT+0.0028%8h139.09+0.495%$41K$99520xas long as short
Lighter NOW+0.0032%1h138.31−0.072%$5K$1845xas long as short
Injective NOW/USDC PERP+0.0033%1h139.80+1.004%$3K$10112xas long as short
Vest NOW-USD-PERP+0.0046%1h138.26−0.108%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOWUSDTM+0.0100%8h138.24−0.123%$317K$638K20xas long as short
Bybit NOWUSDT+0.0204%8h138.34−0.051%$1.6M$2.6M25xas long as short
BloFin NOW-USDT+0.0209%8h138.29−0.087%$46K$17K20xas long as short
Binance NOWUSDT+0.0228%8h138.42+0.005%$1.8M$1.4M20xas long as short
tradeXYZ xyz:NOW+0.0282%1h138.30−0.079%$2.1M$224K10xas long as short
GRVT NOW_USDT_Perp+0.0426%8h138.27−0.101%$260$147K10xas long as short