Funding you earn now, next payment 16:00 UTC+0.0128%/8h= +14.1% APRnext payment +$1.28 per $10,000 · paid last 24h −0.019%
Price spread now: Binance against GRVT−0.152%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1391.387% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.152%, 7d avg −0.022%
=Together, before fees+0.022%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.130% cheaper against GRVT than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.022%). If the spread goes back, that is −$13 on $10k: about 3.4 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NVO_USDT_Perp | 39.390 | 0.0014 | pay 0.0014% / 8h | 4h 09m | $966 | $183K | 10x |
| Short | Binance NVOUSDT | 39.330 | 0.0142 | get 0.0142% / 8h | 4h 09m | $2.1M | $3.0M | 20x |
GRVT NVO_USDT_Perp
Binance NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GRVT. 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
- $26.96
- Price spread: −0.152% → −0.022%
- −$13.03
- Slippage, 4 orders
- −$119.66
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$124.73
- Costs to cover
- 1.387%
- Break-even
- 39.4 days
Slippage from GRVT: live order book, 31 min ago; Binance: live order book, 4 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 GRVT live order book, 31 min ago | 6.34 bp | 58.3 bp −$58 | 175.2 bp −$1,752 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.54 bp | 23.5 bp −$24 | 62.8 bp −$628 | doesn't fit | doesn't fit |
NVO on 11 exchanges
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 | 39.343 | −0.119% | $3K | $9K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.310 | −0.203% | $701K | $362K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.250 | −0.355% | $1.1M | $1.3M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.360 | −0.076% | $855K | $676K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.360 | −0.076% | $861 | $524K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.400 | +0.025% | $10K | $16K | 10x | as long as short |
| GRVT NVO_USDT_Perplong | +0.0014% | 8h | 39.390 | long leg | $966 | $183K | 10x | |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +7.261% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.310 | −0.203% | $110K | $467K | 10x | as long as short |
| Variational Omni NVO | +0.0137% | 8h | 39.359 | −0.079% | $64K | $40K | — | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTM
Variational Omni NVOShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVOUSDTshort | +0.0142% | 8h | 39.330 | −0.152% | $2.1M | $3.0M | 20x |