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

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.48 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against GRVT+0.054%100s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.054% dearer against GRVT than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NVO_USDT_Perp39.9400.0048pay 0.0048% / 8h1h 31m$449$234K10x
ShortAster NVOUSDT39.9620get 0.0000% / 8h1h 31m$2K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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
−$10.08
Price spread: +0.054% → 0.000%
$5.45
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$21.63
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 51 min ago; Aster: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 51 min ago5.00 bp46.4 bp −$4678.7 bp −$787doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 NVOUSDTshort0.0000%8h39.962+0.054%$2K$6K20x
Binance NVOUSDT0.0000%8h39.920−0.050%$2.0M$3.9M20xas long as short
Bybit NVOUSDT0.0000%8h39.960+0.050%$695K$428K25xas long as short
QFEX NVO-USD0.0000%1h39.910−0.075%$1.1M$1.7M10xas long as short
Gate NVO_USDT0.0000%8h39.910−0.075%$619K$886K20xas long as short
Variational Omni NVO0.0000%8h39.920−0.049%$65K$36Kas long as short
SunX NVO-USDT0.0000%8h39.920−0.050%$841$1.1M10xas long as short
HTX NVO-USDT0.0000%8h40.010+0.175%$9K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.784%$2K$412xas long as short
GRVT NVO_USDT_Perplong+0.0048%8h39.940long leg$449$234K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NVOUSDTM+0.0100%8h39.900−0.100%$113K$217K10xas long as short