Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against Gate−0.025%7-day average −0.127% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.400%+$40 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.025%, 7d avg −0.127%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.102% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.127%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVO_USDT | 39.930 | 0 | get 0.0000% / 8h | 7h 25m | $613K | $869K | 20x |
| Short | KuCoin NVOUSDTM | 39.920 | 0.0100 | get 0.0100% / 8h | 7h 25m | $112K | $252K | 10x |
Gate NVO_USDT
KuCoin NVOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.025% → −0.127%
- $10.16
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $4.16
- Costs to cover
- 0.270%
- Break-even
- 5.6 days
Slippage unknown: Gate: live order book, 46 min ago; KuCoin: live order book, 25 min ago. Net counts fees only.
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, 46 min ago | 15.02 bp | 52.1 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 8.76 bp | doesn't fit | doesn't fit | 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 | 39.974 | +0.109% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.970 | +0.100% | $696K | $415K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.880 | −0.125% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDTlong | 0.0000% | 8h | 39.930 | long leg | $613K | $869K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 39.930 | 0.000% | $887 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.070 | +0.351% | $9K | $15K | 10x | as long as short |
| Variational Omni NVO | +0.0003% | 8h | 39.948 | +0.046% | $65K | $35K | — | as long as short |
| Binance NVOUSDT | +0.0027% | 8h | 39.930 | 0.000% | $2.0M | $3.8M | 20x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.810% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMshort | +0.0100% | 8h | 39.920 | −0.025% | $112K | $252K | 10x |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
SunX NVO-USDT
HTX NVO-USDT
Variational Omni NVO
Binance NVOUSDT
Injective NVO/USDC PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.1108% | 8h | 40.021 | +0.228% | $710 | $220K | 10x | as long as short |
GRVT NVO_USDT_Perp