Funding you earn now, next payment 08:00 UTC+0.0547%/8h= +59.9% APRnext payment +$5.47 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against KuCoin+0.227%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now +0.227%, 7d avg +0.087%
=Together, before fees−0.174%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and GRVT is 0.140% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.087%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVOUSDTM | 39.580 | 0.0100 | pay 0.0100% / 8h | 49m 24s | $111K | $258K | 10x |
| Short | GRVT NVO_USDT_Perp | 39.670 | 0.0647 | get 0.0647% / 8h | 49m 24s | $834 | $229K | 10x |
KuCoin NVOUSDTM
GRVT NVO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $114.87
- Price spread: +0.227% → +0.087%
- $13.97
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $107.84
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: KuCoin: live order book, 52 min ago; GRVT: live order book, 53 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, 52 min ago | 11.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 3.75 bp | 44.9 bp −$45 | 99.0 bp −$990 | 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 | 39.553 | −0.069% | $3K | $7K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.580 | 0.000% | $711K | $421K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.520 | −0.152% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.700 | +0.303% | $844K | $883K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.670 | +0.227% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.800 | +0.556% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +6.746% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMlong | +0.0100% | 8h | 39.580 | long leg | $111K | $258K | 10x | |
| Variational Omni NVO | +0.0439% | 8h | 39.672 | +0.233% | $65K | $40K | — | as long as short |
| Binance NVOUSDT | +0.0446% | 8h | 39.573 | −0.017% | $2.1M | $4.0M | 20x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
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_Perpshort | +0.0647% | 8h | 39.670 | +0.227% | $834 | $229K | 10x |