Funding you earn now, next payment 16:00 UTC−0.0146%/8h= −15.9% APRnext payment −$1.46 per $10,000 · paid last 24h −0.056%
Price spread now: Gate against Binance+0.127%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2622.615% of the position
Funding, last 7 days−0.536%−$54 on $10k
+Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.127%, 7d avg +0.026%
=The price spread pays, funding is against you. Gate is 0.101% dearer against Binance than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of +0.026%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVOUSDT | 39.360 | 0.0146 | pay 0.0146% / 8h | 4h 10m | $2.1M | $3.0M | 20x |
| Short | Gate NVO_USDT | 39.410 | 0 | get 0.0000% / 8h | 4h 10m | $856K | $676K | 20x |
Binance NVOUSDT
Gate NVO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$30.57
- Price spread: +0.127% → +0.026%
- $10.14
- Slippage, 4 orders
- −$236.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$281.96
- Costs to cover
- 2.615%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Gate: live order book, 30 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 3 min ago | 2.54 bp | 17.4 bp −$17 | 75.6 bp −$756 | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 8.87 bp | 94.5 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
NVO on 11 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.378 | +0.046% | $3K | $9K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.360 | 0.000% | $697K | $359K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.290 | −0.178% | $1.1M | $1.3M | 10x | as long as short |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.410 | +0.127% | $856K | $676K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 39.430 | +0.178% | $848 | $526K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.400 | +0.102% | $10K | $16K | 10x | as long as short |
| GRVT NVO_USDT_Perp | +0.0009% | 8h | 39.420 | +0.152% | $967 | $183K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +7.342% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.350 | −0.025% | $111K | $466K | 10x | as long as short |
| Variational Omni NVO | +0.0137% | 8h | 39.359 | −0.003% | $64K | $40K | — | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
SunX NVO-USDT
HTX NVO-USDT
GRVT NVO_USDT_Perp
Injective NVO/USDC PERP
KuCoin NVOUSDTM
Variational Omni NVOShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVOUSDTlong | +0.0146% | 8h | 39.360 | long leg | $2.1M | $3.0M | 20x |