Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against QFEX+0.100%7-day average −0.246% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$2352.345% of the position
Funding, last 4 days (all we have)−0.452%−$45 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.100%, 7d avg −0.246%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.347% dearer against QFEX than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.246%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NVO-USD | 39.850 | 0 | get 0.0000% / 1h | 35m 14s | $1.1M | $1.6M | 10x |
| Short | Gate NVO_USDT | 39.890 | 0 | get 0.0000% / 8h | 2h 35m | $833K | $982K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- $0
- Price spread: +0.100% → −0.246%
- $34.65
- Slippage, 4 orders
- −$209.53
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$199.88
- Costs to cover
- 2.345%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 1 min ago; Gate: live order book, 12 min ago.
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 QFEX live order book, 1 min ago | 1.25 bp | 16.3 bp −$16 | 24.5 bp −$245 | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 5.01 bp | 106.7 bp −$107 | doesn't fit | 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 | 39.850 | 0.000% | $2K | $7K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.850 | 0.000% | $693K | $401K | 25x | as long as short |
| QFEX NVO-USDlong | 0.0000% | 1h | 39.850 | long leg | $1.1M | $1.6M | 10x | |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.890 | +0.100% | $833K | $982K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 39.940 | +0.226% | $999 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.000 | +0.376% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +6.023% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.850 | 0.000% | $113K | $261K | 10x | as long as short |
| Variational Omni NVO | +0.0295% | 8h | 39.874 | +0.060% | $66K | $34K | — | as long as short |
| Binance NVOUSDT | +0.0301% | 8h | 39.868 | +0.046% | $2.1M | $3.9M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0617% | 8h | 39.910 | +0.151% | $720 | $224K | 10x | as long as short |
Gate NVO_USDT
Aster NVOUSDT
Bybit NVOUSDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTM
Variational Omni NVO
Binance NVOUSDT
GRVT NVO_USDT_Perp