Funding you earn now, next payment 22:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.140%
Price spread now: Gate against Injective−5.420%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 5.420% cheaper against Injective than usual: you would sell low and buy high (−$542 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 20m 59s | $2K | $4 | 12x |
| Short | Gate NVO_USDT | 39.960 | 0 | get 0.0000% / 8h | 2h 20m | $620K | $894K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −5.420% → 0.000%
- −$542.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$564.03
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 1 min ago. 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 Gate live order book, 1 min ago | 18.77 bp | 101.6 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.956 | −5.430% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | 0.0000% | 8h | 39.960 | −5.420% | $2.0M | $3.9M | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.980 | −5.373% | $696K | $432K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.920 | −5.515% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.960 | −5.420% | $620K | $894K | 20x | |
| Variational Omni NVO | 0.0000% | 8h | 39.974 | −5.388% | $51K | $22K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.970 | −5.396% | $1K | $1.1M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.010 | −5.302% | $9K | $16K | 10x | as long as short |
| GRVT NVO_USDT_Perp | +0.0033% | 8h | 39.970 | −5.396% | $771 | $239K | 10x | as long as short |
| Injective NVO/USDC PERPlong | +0.0033% | 1h | 42.250 | long leg | $2K | $4 | 12x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.920 | −5.515% | $113K | $217K | 10x | as long as short |
Injective NVO/USDC PERP
Gate NVO_USDT
Aster NVOUSDT
Binance NVOUSDT
Bybit NVOUSDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
GRVT NVO_USDT_Perp
KuCoin NVOUSDTM