Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Bybit−0.025%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1871.869% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 2 days (all we have)+0.036%+$4 · spread now −0.025%, 7d avg −0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NVOUSDT | 39.970 | 0 | get 0.0000% / 8h | 1h 19m | $695K | $428K | 25x |
| Short | Binance NVOUSDT | 39.960 | 0 | get 0.0000% / 8h | 1h 19m | $2.0M | $3.9M | 20x |
Bybit NVOUSDT
Binance NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: −0.025% → −0.018%
- −$0.74
- Slippage, 4 orders
- −$165.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$187.64
- Costs to cover
- 1.869%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 60 min ago; Binance: live order book, 2 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 Bybit live order book, 60 min ago | 6.25 bp | 81.4 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.25 bp | 9.7 bp −$10 | 65.0 bp −$650 | doesn't fit | doesn't fit |
NVO on 11 venues
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 | 39.980 | +0.026% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDTshort | 0.0000% | 8h | 39.960 | −0.025% | $2.0M | $3.9M | 20x | |
| Bybit NVOUSDTlong | 0.0000% | 8h | 39.970 | long leg | $695K | $428K | 25x | |
| QFEX NVO-USD | 0.0000% | 1h | 39.920 | −0.125% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.940 | −0.075% | $620K | $887K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.950 | −0.050% | $65K | $36K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.950 | −0.050% | $839 | $1.1M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.990 | +0.050% | $9K | $16K | 10x | as long as short |
| GRVT NVO_USDT_Perp | +0.0025% | 8h | 39.940 | −0.075% | $613 | $234K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.704% | $2K | $4 | 12x | as long as short |
Aster NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
GRVT NVO_USDT_Perp
Injective NVO/USDC PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.940 | −0.075% | $112K | $221K | 10x | as long as short |
KuCoin NVOUSDTM