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

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0573%/8h= +62.7% APRnext payment +$5.73 per $10,000 · paid last 24h +0.016%
Price spread now: GRVT against Aster+0.270%60s7-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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and GRVT is 0.270% dearer against Aster than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NVOUSDT39.8500get 0.0000% / 8h2h 14m$3K$7K20x
ShortGRVT NVO_USDT_Perp39.9580.0573get 0.0573% / 8h2h 14m$246$226K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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
$120.33
Price spread: +0.270% → 0.000%
$26.98
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$130.31
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; GRVT: live order book, 33 min ago. 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 Aster no order-book sample
Sell GRVT live order book, 33 min ago5.01 bp31.7 bp −$3278.8 bp −$788doesn't fitdoesn't fit
Aster: 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.

NVO on 11 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 NVOUSDTlong0.0000%8h39.850long leg$3K$7K20x
Bybit NVOUSDT0.0000%8h39.900+0.125%$697K$402K25xas long as short
QFEX NVO-USD0.0000%1h39.840−0.025%$1.1M$1.6M10xas long as short
Gate NVO_USDT0.0000%8h39.940+0.226%$839K$986K20xas long as short
SunX NVO-USDT0.0000%8h39.930+0.201%$616$1.0M10xas long as short
HTX NVO-USDT0.0000%8h39.960+0.276%$10K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+6.023%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.900+0.125%$112K$260K10xas long as short
Variational Omni NVO+0.0289%8h39.923+0.184%$66K$36Kas long as short
Binance NVOUSDT+0.0297%8h39.920+0.176%$2.1M$4.0M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perpshort+0.0573%8h39.958+0.270%$246$226K10x