Funding you earn now, next payment 08:00 UTC+0.0573%/8h= +62.7% APRnext payment +$5.73 per $10,000 · paid last 24h +0.016%
Price spread now: GRVT against Gate−0.025%51s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2052.050% of the position
Funding, last 7 days+0.522%+$52 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.025%, 7d avg −0.039%
=Together, before fees+0.590%+ Points / potential airdropGRVT: Active · farm board+$59 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVO_USDT | 39.950 | 0 | get 0.0000% / 8h | 2h 54m | $834K | $979K | 20x |
| Short | GRVT NVO_USDT_Perp | 39.940 | 0.0573 | get 0.0573% / 8h | 2h 54m | $686 | $223K | 10x |
Gate NVO_USDT
GRVT NVO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $120.33
- Price spread: −0.025% → −0.039%
- $1.39
- Slippage, 4 orders
- −$180.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$83.26
- Costs to cover
- 2.050%
- Break-even
- 11.8 days
Slippage from Gate: live order book, 57 min ago; GRVT: live order book, 58 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, 57 min ago | 8.76 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 58 min ago | 3.75 bp | 37.1 bp −$37 | 83.1 bp −$831 | 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 | 39.934 | −0.040% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.930 | −0.050% | $693K | $399K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.840 | −0.275% | $1.1M | $1.6M | 10x | as long as short |
| Gate NVO_USDTlong | 0.0000% | 8h | 39.950 | long leg | $834K | $979K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 39.960 | +0.025% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.970 | +0.050% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.757% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.880 | −0.175% | $112K | $260K | 10x | as long as short |
| Variational Omni NVO | +0.0251% | 8h | 39.933 | −0.043% | $66K | $34K | — | as long as short |
| Binance NVOUSDT | +0.0262% | 8h | 39.960 | +0.025% | $2.1M | $3.9M | 20x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTM
Variational Omni NVO
Binance NVOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perpshort | +0.0573% | 8h | 39.940 | −0.025% | $686 | $223K | 10x |