Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.144%
Price spread now: Binance against Gate+0.050%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2182.182% of the position
Funding, last 7 days+0.495%+$49 on $10k
+Price spread, last 2 days (all we have)−0.180%−$18 · spread now +0.050%, 7d avg −0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.103% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVO_USDT | 39.920 | 0 | get 0.0000% / 8h | 1h 30m | $619K | $886K | 20x |
| Short | Binance NVOUSDT | 39.940 | 0 | get 0.0000% / 8h | 1h 30m | $2.0M | $3.9M | 20x |
Gate NVO_USDT
Binance NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.050% → −0.053%
- $10.31
- Slippage, 4 orders
- −$193.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$207.94
- Costs to cover
- 2.182%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 min ago; Binance: live order book, 6 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 Gate live order book, 51 min ago | 18.77 bp | 88.0 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.25 bp | 9.1 bp −$9 | 60.8 bp −$608 | 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 | 39.972 | +0.131% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDTshort | 0.0000% | 8h | 39.940 | +0.050% | $2.0M | $3.9M | 20x | |
| Bybit NVOUSDT | 0.0000% | 8h | 39.970 | +0.125% | $695K | $428K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.910 | −0.025% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDTlong | 0.0000% | 8h | 39.920 | long leg | $619K | $886K | 20x | |
| Variational Omni NVO | 0.0000% | 8h | 39.920 | +0.001% | $65K | $36K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.920 | 0.000% | $828 | $1.1M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.010 | +0.225% | $9K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.837% | $2K | $4 | 12x | as long as short |
| GRVT NVO_USDT_Perp | +0.0048% | 8h | 39.940 | +0.050% | $449 | $234K | 10x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
GRVT NVO_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.930 | +0.025% | $112K | $216K | 10x | as long as short |
KuCoin NVOUSDTM