Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against KuCoin+0.025%7-day average +0.175% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.095%+$9 on $10k
+Price spread, last 2 days (all we have)+0.124%+$12 · spread now +0.025%, 7d avg +0.175%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.150% cheaper against KuCoin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.175%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVOUSDTM | 39.950 | 0.0100 | pay 0.0100% / 8h | 17m 07s | $111K | $240K | 10x |
| Short | Binance NVOUSDT | 39.960 | 0 | get 0.0000% / 8h | 17m 07s | $2.0M | $3.9M | 20x |
KuCoin NVOUSDTM
Binance NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$21
- Price spread: +0.025% → +0.175%
- −$15
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 43 min ago; Binance: live order book, 5 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 KuCoin live order book, 43 min ago | 7.51 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.50 bp | 10.7 bp −$11 | 60.5 bp −$605 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.976 | +0.066% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDTshort | 0.0000% | 8h | 39.960 | +0.025% | $2.0M | $3.9M | 20x | |
| Bybit NVOUSDT | 0.0000% | 8h | 39.960 | +0.025% | $695K | $426K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.920 | −0.075% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.950 | 0.000% | $620K | $884K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.955 | +0.012% | $65K | $37K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.960 | +0.025% | $743 | $1.1M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.000 | +0.125% | $9K | $16K | 10x | as long as short |
| GRVT NVO_USDT_Perp | +0.0030% | 8h | 39.969 | +0.047% | $603 | $228K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.757% | $2K | $4 | 12x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
GRVT NVO_USDT_Perp
Injective NVO/USDC PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTMlong | +0.0100% | 8h | 39.950 | long leg | $111K | $240K | 10x |