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−0.0180%/8h= −19.7% APRnext payment $0.22 per $10,000 · paid last 24h −0.033%
Price spread now: Injective against tradeXYZ+1.290%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 1.290% dearer against tradeXYZ than usual: you sell high and buy low (spread +1.290% now, against zero (this spread has no 7-day history yet)): +$129 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 24 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NOW138.020.0213pay 0.0027% / 1h59m 03s$2.1M$231K10x
ShortInjective NOW/USDC PERP139.800.0033get 0.0004% / 1h59m 03s$3K$10112x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against tradeXYZ. 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
−$37.78
Price spread: +1.290% → 0.000%
$128.97
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$73.17
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 9 min ago; Injective: 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 tradeXYZ live order book, 9 min ago3.26 bp30.0 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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%8h138.52+0.361%$41K$99520xas long as short
OKX NOW-USDT-SWAP0.0000%8h138.11+0.065%$498K$212K20xas long as short
QFEX NOW-USD0.0000%1h137.93−0.065%$1.1M$2.1M10xas long as short
Gate NOW_USDT0.0000%8h138.14+0.087%$245K$368K20xas long as short
Bitget NOWUSDT0.0000%8h138.19+0.123%$781K$236K20xas long as short
SunX NOW-USDT0.0000%8h138.19+0.123%$1K$410K10xas long as short
HTX NOW-USDT0.0000%8h138.25+0.167%$5K$29K20xas long as short
Lighter NOW+0.0032%1h138.020.000%$5K$1735xas long as short
Injective NOW/USDC PERPshort+0.0033%1h139.80+1.290%$3K$10112x
Vest NOW-USD-PERP+0.0046%1h138.05+0.022%25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NOWUSDT+0.0070%8h138.15+0.094%$1.5M$5.7M25xas long as short
KuCoin NOWUSDTM+0.0100%8h138.05+0.022%$317K$658K20xas long as short
Binance NOWUSDT+0.0103%8h138.15+0.094%$1.8M$1.5M20xas long as short
BloFin NOW-USDT+0.0107%8h138.06+0.029%$45K$17K20xas long as short
tradeXYZ xyz:NOWlong+0.0213%1h138.02long leg$2.1M$231K10x
GRVT NOW_USDT_Perp+0.0910%8h138.24+0.159%$223$157K10xas long as short