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

NVO

RWAall NVO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.130%
Price spread now: SunX against Gate0.000%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3813.807% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.453%+$45 on $10k
Price spread, last 3 days (all we have)+0.081%+$8 · spread now 0.000%, 7d avg −0.051%
Together, before fees+0.534%+$53 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 0.051% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NVO_USDT39.9800get 0.0000% / 8h2h 06m$620K$895K20x
ShortSunX NVO-USDT39.9800get 0.0000% / 8h2h 06m$905$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: 0.000% → −0.051%
$5.09
Slippage, 4 orders
−$357.71
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$375.61
Costs to cover
3.807%
Break-even
never at this rate
Slippage from Gate: live order book, 16 min ago; SunX: live order book, 7 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, 16 min ago18.77 bp88.0 bp −$88doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 7 min ago46.27 bp88.9 bp −$89doesn'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%8h39.978−0.005%$2K$6K20xas long as short
Binance NVOUSDT0.0000%8h39.9800.000%$2.0M$3.9M20xas long as short
Bybit NVOUSDT0.0000%8h39.990+0.025%$696K$431K25xas long as short
QFEX NVO-USD0.0000%1h39.910−0.175%$1.1M$1.7M10xas long as short
Gate NVO_USDTlong0.0000%8h39.980long leg$620K$895K20x
Variational Omni NVO0.0000%8h39.984+0.011%$51K$22Kas long as short
SunX NVO-USDTshort0.0000%8h39.9800.000%$905$1.1M10x
HTX NVO-USDT0.0000%8h40.110+0.325%$9K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.678%$2K$412xas long as short
GRVT NVO_USDT_Perp+0.0037%8h39.981+0.004%$766$237K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NVOUSDTM+0.0100%8h39.910−0.175%$113K$216K10xas long as short