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

NVO

RWAall NVO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.015%
Price spread now: Binance against QFEX+0.175%7-day average −0.394% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$660.660% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.042%+$4 on $10k
Price spread, last 2 days (all we have)−1.616%−$162 · spread now +0.175%, 7d avg −0.394%
Together, before fees−1.574%−$157 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.569% dearer against QFEX than usual: you sell high and buy low, +$57 on $10k if it goes back to its 7-day average of −0.394%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVO-USD39.9100get 0.0000% / 1h5m 10s$1.1M$1.7M10x
ShortBinance NVOUSDT39.9800get 0.0000% / 8h2h 05m$2.0M$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against QFEX. 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
$0
Price spread: +0.175% → −0.394%
$56.93
Slippage, 4 orders
−$46.03
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$9.11
Costs to cover
0.660%
Break-even
never at this rate
Slippage from QFEX: live order book, 7 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago2.51 bp10.0 bp −$1014.9 bp −$149doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.25 bp21.1 bp −$2193.9 bp −$939doesn't fitdoesn't fit

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%8h39.979+0.174%$2K$6K20xas long as short
Binance NVOUSDTshort0.0000%8h39.980+0.175%$2.0M$3.9M20x
Bybit NVOUSDT0.0000%8h40.000+0.226%$696K$431K25xas long as short
QFEX NVO-USDlong0.0000%1h39.910long leg$1.1M$1.7M10x
Gate NVO_USDT0.0000%8h39.980+0.175%$620K$895K20xas long as short
Variational Omni NVO0.0000%8h39.983+0.183%$51K$22Kas long as short
SunX NVO-USDT0.0000%8h39.980+0.175%$905$1.1M10xas long as short
HTX NVO-USDT0.0000%8h40.110+0.501%$9K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.863%$2K$412xas long as short
GRVT NVO_USDT_Perp+0.0037%8h39.981+0.179%$766$237K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NVOUSDTM+0.0100%8h39.9100.000%$113K$216K10xas long as short