NVO

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceNVOUSDT	37.540	0	0.0000% / 8h	1h 40m	$3.1M	$1.5M	20x	Long Binance
SHORT	MEXCNVOSTOCK_USDT	37.530	0	0.0000% / 8h	1h 40m	$1.9M	$109K	50x	Short MEXC

Price gap−0.027%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$00.0000% /8h now · paid −0.001% over the last 7D

Price+$3spread −0.027% now, avg −0.057% → +0.031% if it goes back

Costs−$740.743% of $10k · taker + slippage, in and out

Result−$71−0.71%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.027%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

NVO on 13 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Watch: Thin at this size21.6 / 18.2 bp
At $10k entering Binance costs 21.6 bp, fee and slippage, 1.2× MEXC’s.
Note: Margin at max leverage$500 + $200
Binance 20x, MEXC 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
OK: Entry gap works for you−0.027% vs −0.057%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Short leg is thinner$1.9M vs $3.1M OI
Both legs are deep; MEXC is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · MEXC Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned0.0000%/8h × 21 periods−$0.06

Price spread−0.027% → −0.057% (7d avg)+$3.07

Slippage, 4 orderslive order books−$66.26

Fee Binance bp × 2 orders−$8.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$71.25

Costs to cover0.743%Break-evennever at this rate

Slippage: Binance: live order book, 12 min ago; MEXC: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance2.6621.6 bp−$2277.7 bp−$777doesn’t fitdoesn’t fit

SELL · SHORTMEXC9.3218.2 bp−$1837.4 bp−$374182.7 bp−$18.3Kdoesn’t fit

Closing costs about the same again.

NVO