Funding you earn now, next payment 09:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: Aster against Injective−6.862%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 6.862% cheaper against Injective than usual: you would sell low and buy high (−$686 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 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 | Injective NVO/USDC PERP | 42.250 | 0.0033 | pay 0.0004% / 1h | 55m 57s | $2K | $4 | 12x |
| Short | Aster NVOUSDT | 39.351 | 0 | get 0.0000% / 8h | 7h 55m | $3K | $7K | 20x |
Injective NVO/USDC PERP
Aster NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Injective. 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
- −$7
- Price spread: −6.862% → 0.000%
- −$686.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$701.2
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Injective and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NVO-USD | 0.0000% | 1h | 39.270 | −7.053% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDTshort | 0.0000% | 8h | 39.351 | −6.862% | $3K | $7K | 20x | |
| Bybit NVOUSDT | 0.0000% | 8h | 39.370 | −6.817% | $719K | $429K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.300 | −6.982% | $842K | $754K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.320 | −6.935% | $1K | $980K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.370 | −6.817% | $9K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPlong | +0.0033% | 1h | 42.250 | long leg | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.320 | −6.935% | $111K | $271K | 10x | as long as short |
| Variational Omni NVO | +0.0410% | 8h | 39.355 | −6.853% | $64K | $41K | — | as long as short |
| Binance NVOUSDT | +0.0413% | 8h | 39.330 | −6.911% | $2.1M | $4.1M | 20x | as long as short |
QFEX NVO-USD
Bybit NVOUSDT
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
KuCoin NVOUSDTM
Variational Omni NVO
Binance NVOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0419% | 8h | 39.327 | −6.919% | $237 | $217K | 10x | as long as short |
GRVT NVO_USDT_Perp