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

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Gate−0.100%7-day average +0.246% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$2352.345% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.452%+$45 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.100%, 7d avg +0.246%
Together, before fees+0.442%+$44 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: QFEX is 0.346% cheaper against Gate than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of +0.246%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NVO_USDT39.9000get 0.0000% / 8h2h 34m$833K$982K20x
ShortQFEX NVO-USD39.8600get 0.0000% / 1h34m 15s$1.1M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Gate. 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: −0.100% → +0.246%
−$34.64
Slippage, 4 orders
−$209.53
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$269.17
Costs to cover
2.345%
Break-even
never at this rate
Slippage from Gate: live order book, 13 min ago; QFEX: live order book, 2 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 Gate live order book, 13 min ago5.01 bp97.8 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 2 min ago1.25 bp13.8 bp −$1422.0 bp −$220doesn'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%8h39.850−0.125%$2K$7K20xas long as short
Bybit NVOUSDT0.0000%8h39.870−0.075%$693K$401K25xas long as short
QFEX NVO-USDshort0.0000%1h39.860−0.100%$1.1M$1.6M10x
Gate NVO_USDTlong0.0000%8h39.900long leg$833K$982K20x
SunX NVO-USDT0.0000%8h39.890−0.025%$1K$1.0M10xas long as short
HTX NVO-USDT0.0000%8h40.000+0.251%$10K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.890%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.840−0.150%$111K$261K10xas long as short
Variational Omni NVO+0.0295%8h39.874−0.066%$66K$34Kas long as short
Binance NVOUSDT+0.0299%8h39.880−0.050%$2.1M$3.9M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0617%8h39.910+0.025%$720$224K10xas long as short