Funding you earn now, next payment 08:00 UTC−0.0384%/8h= −42.0% APRnext payment −$3.84 per $10,000 · paid last 24h −0.016%
Price spread now: Gate against GRVT−0.038%66s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$363as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3113.111% of the position
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.038%, 7d avg +0.040%
=Together, before fees−0.527%+ Points / potential airdropGRVT: Active · farm board−$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.078% cheaper against GRVT than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.040%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NVO_USDT_Perp | 39.985 | 0.0384 | pay 0.0384% / 8h | 4h 44m | $454 | $219K | 10x |
| Short | Gate NVO_USDT | 39.970 | 0 | get 0.0000% / 8h | 4h 44m | $616K | $849K | 20x |
GRVT NVO_USDT_Perp
Gate NVO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$80.64
- Price spread: −0.038% → +0.040%
- −$7.81
- Slippage, 4 orders
- −$287.08
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$399.53
- Costs to cover
- 3.111%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 13 min ago; Gate: live order book, 12 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, 13 min ago | 3.75 bp | 50.8 bp −$51 | 96.5 bp −$965 | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 10.01 bp | 113.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NVO-USD | −0.0001% | 1h | 39.900 | −0.214% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.962 | −0.057% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.990 | +0.012% | $696K | $397K | 25x | as long as short |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.970 | −0.038% | $616K | $849K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 39.970 | −0.038% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.080 | +0.237% | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.664% | $2K | $4 | 12x | as long as short |
| Variational Omni NVO | +0.0036% | 8h | 39.968 | −0.043% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0051% | 8h | 39.971 | −0.035% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.910 | −0.189% | $113K | $245K | 10x | as long as short |
QFEX NVO-USD
Aster NVOUSDT
Bybit NVOUSDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
Variational Omni NVO
Binance NVOUSDT
KuCoin NVOUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perplong | +0.0384% | 8h | 39.985 | long leg | $454 | $219K | 10x |