# NOW funding rates and arbitrage

Updated 2026-10-29 15:26 UTC · https://afterfees.xyz/coin/NOW

## Best NOW arbitrage after every cost

| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| [NOW](https://afterfees.xyz/coin/NOW) | Perp ↔ perp | [Bitget](https://afterfees.xyz/venues/bitget) NOWUSDT | [Bybit](https://afterfees.xyz/venues/bybit) NOWUSDT | −$55.69 | −29.0% | < $100 | Watch |

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## NOW funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:NOW | 0.0100% | 1 h | +87.3% | +12.3% | $4.4M | 2026-10-29 16:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | NOWUSD-PERP | 0.0098% | 1 h | +86.2% | +43.3% | $17.9K | 2026-10-29 16:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | NOWUSDT | 0.0704% | 8 h | +77.1% | +10.7% | $2.8M | 2026-10-29 16:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCSKNOW2USD-USDT | 0.0685% | 8 h | +75.0% | +19.8% | $964.5K | 2026-10-29 16:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | NOW | 0.0071% | 1 h | +62.2% | +8.4% | $93.3K | 2026-10-29 16:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | NOW_USDT_Perp | 0.0445% | 8 h | +48.7% | +13.8% | $1.5K | 2026-10-29 16:00 |
| [Extended](https://afterfees.xyz/venues/extended) | NOW-USD | 0.0041% | 1 h | +35.9% | +10.8% | $1.2K | 2026-10-29 16:00 |
| [Binance](https://afterfees.xyz/venues/binance) | NOWUSDT | 0.0328% | 8 h | +35.9% | +10.6% | $5.2M | 2026-10-29 16:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | NOWSTOCK_USDT | 0.0327% | 8 h | +35.8% | +10.6% | $1.6M | 2026-10-29 16:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | NOWUSDT | 0.0324% | 8 h | +35.5% | — | — | 2026-10-29 16:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | NOWUSDT | 0.0305% | 8 h | +33.4% | +12.0% | — | 2026-10-29 16:00 |
| [Variational](https://afterfees.xyz/venues/variational) | NOW-PERP | 0.0285% | 8 h | +31.3% | — | $239.3K | 2026-10-29 16:00 |
| [OKX](https://afterfees.xyz/venues/okx) | NOW-USDT-SWAP | 0.0264% | 8 h | +28.9% | +3.0% | $802.7K | 2026-10-29 16:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | NOW-USD | 0.0000% | 1 h | +0.2% | — | $1.4M | 2026-10-29 16:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | NOWUSDTM | 0.0000% | 8 h | 0.0% | 0.0% | $231.8K | 2026-10-29 16:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | NOWUSDT | 0.0000% | 8 h | 0.0% | +0.6% | $1.3M | 2026-10-29 16:00 |
| [HTX](https://afterfees.xyz/venues/htx) | NOW-USDT | 0.0000% | 8 h | 0.0% | +2.6% | $6.9K | 2026-10-29 16:00 |
| [Aster](https://afterfees.xyz/venues/aster) | NOWUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $188.8K | 2026-10-29 16:00 |
| [Gate](https://afterfees.xyz/venues/gate) | NOW_USDT | 0.0000% | 8 h | 0.0% | 0.0% | $446K | 2026-10-29 16:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | NOW_PERP | -0.0434% | 8 h | −47.5% | −20.8% | $1.1M | 2026-10-29 16:00 |

## Cost to enter $10,000 of NOW

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Binance | NOWUSDT | 12.1 bp * | live order book |
| MEXC | NOWSTOCK_USDT | 15.1 bp | live order book |
| Bybit | NOWUSDT | 21.3 bp | live order book |
| Bitget | NOWUSDT | 23.0 bp | live order book |
| Lighter | NOW | 2.2 bp | top of book only |
| Variational | NOW-PERP | 3.9 bp | top of book only |
| Hyperliquid | xyz:NOW | 4.2 bp | top of book only |
| Aster | NOWUSDT | 6.1 bp | top of book only |
| Extended | NOW-USD | 6.8 bp | top of book only |
| GRVT | NOW_USDT_Perp | 7.2 bp | top of book only |
| OKX | NOW-USDT-SWAP | 7.7 bp * | top of book only |
| BingX | NCSKNOW2USD-USDT | 7.7 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## Questions

**Is NOW funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no NOW pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest NOW funding rate?**

Hyperliquid at +87.3% a year (0.0100% every 1 h); the lowest is WhiteBIT at −47.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._