NVO

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKNVO2USD-USDT	38.050	+0.0211	pay 0.0211% / 8h	37m 44s	$977K	$1.2M	—	Long BingX
SHORT	SunXNVO-USDT	38.090	0	0.0000% / 8h	37m 44s	$600	$135K	10x	Short SunX≤10% back

Price gap+0.105%

Funding gap−0.0211% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 22 hours.

If you open now and hold

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

Funding−$34−0.0211% /8h now · paid −0.345% over the last 7D

Price+$6spread +0.105% now, avg +0.046% → +0.059% if it goes back

Costs−$2202.197% of $10k · taker + slippage, in and out

Result−$248−2.48%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+0.105%

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 12 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size26.7 / 72.5 bp
At $10k entering SunX costs 72.5 bp, fee and slippage, 2.7× BingX’s.
Note: Margin at max leverage— + $1,000
BingX —, SunX 10x. 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: −$6.34Long BingX: 3 payments, −$6.34; short SunX: 3 payments, $0.00.
OK: Entry gap works for you+0.105% vs +0.046%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$600 vs $977K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · SunX No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0164%/8h × 21 periods−$34.48

Price spread+0.105% → +0.046% (7d avg)+$5.91

Slippage, 4 orderslive order books−$201.73

Fee BingX bp × 2 orders−$10.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k−$248.29

Costs to cover2.197%Break-evennever at this rate

Slippage: BingX: live order book, 6 min ago; SunX: live order book, 38 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX5.2626.7 bp−$2783.6 bp−$836809.9 bp−$81.0K1282.0 bp−$641.0K

SELL · SHORTSunX46.0672.5 bp−$73doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

NVO