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

NVO

RWAall NVO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit0.000%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2262.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now 0.000%, 7d avg −0.044%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.044% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVOUSDT39.9900get 0.0000% / 8h5h 03m$696K$397K25x
ShortSunX NVO-USDT39.9900get 0.0000% / 8h5h 03m$755$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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
$0
Price spread: 0.000% → −0.044%
$4.43
Slippage, 4 orders
−$206.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$221.41
Costs to cover
2.258%
Break-even
never at this rate
Slippage from Bybit: live order book, 56 min ago; SunX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 56 min ago10.00 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago47.50 bp68.1 bp −$68doesn't fitdoesn't fitdoesn't fit

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 NVOUSDT0.0000%8h39.980−0.025%$2K$6K20xas long as short
Binance NVOUSDT0.0000%8h39.980−0.025%$2.1M$3.8M20xas long as short
Bybit NVOUSDTlong0.0000%8h39.990long leg$696K$397K25x
QFEX NVO-USD0.0000%1h39.910−0.200%$1.1M$1.6M10xas long as short
Gate NVO_USDT0.0000%8h39.970−0.050%$613K$853K20xas long as short
Variational Omni NVO0.0000%8h39.982−0.019%$66K$36Kas long as short
SunX NVO-USDTshort0.0000%8h39.9900.000%$755$1.0M10x
HTX NVO-USDT0.0000%8h40.020+0.075%$9K$15K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.651%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.920−0.175%$112K$248K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0223%8h39.980−0.025%$616$218K10xas long as short