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

NVO

RWAall NVO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0674%/8h= −73.8% APRnext payment $6.74 per $10,000 · paid last 24h −0.016%
Price spread now: HTX against GRVT+0.250%7-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 · farm boardneeds both histories
The price spread pays, funding is against you. HTX is 0.250% dearer against GRVT than usual: you sell high and buy low (spread +0.250% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT NVO_USDT_Perp39.9600.0674pay 0.0674% / 8h1h 40m$440$229K10x
ShortHTX NVO-USDT40.0600get 0.0000% / 8h1h 40m$10K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$141.54
Price spread: +0.250% → 0.000%
$25.01
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$137.53
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: GRVT: live order book, 2 min ago; HTX: 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, 2 min ago3.75 bp21.1 bp −$2193.5 bp −$935doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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 NVOUSDT0.0000%8h39.883−0.192%$3K$7K20xas long as short
Bybit NVOUSDT0.0000%8h39.980+0.050%$696K$405K25xas long as short
QFEX NVO-USD0.0000%1h39.870−0.225%$1.1M$1.6M10xas long as short
Gate NVO_USDT0.0000%8h39.940−0.050%$839K$956K20xas long as short
SunX NVO-USDT0.0000%8h39.970+0.025%$873$1.0M10xas long as short
HTX NVO-USDTshort0.0000%8h40.060+0.250%$10K$16K10x
Injective NVO/USDC PERP+0.0033%1h42.250+5.731%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.920−0.100%$112K$257K10xas long as short
Variational Omni NVO+0.0423%8h39.958−0.005%$66K$36Kas long as short
Binance NVOUSDT+0.0433%8h39.967+0.016%$2.1M$4.0M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perplong+0.0674%8h39.960long leg$440$229K10x