Funding you earn now, next payment 22:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h 0.000%
Price spread now: GRVT against QFEX+0.188%7-day average −0.457% · 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−$64as in the Price arb table
costs, in and out, $10k−$1281.283% of the position
Funding, last 3 days (all we have)+0.032%+$3 on $10k
+Price spread, last 3 days (all we have)−0.138%−$14 · spread now +0.188%, 7d avg −0.457%
=Together, before fees−0.106%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.645% dearer against QFEX than usual: you sell high and buy low: +$65 more if the spread goes back to its 7-day average of −0.457%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NVO-USD | 39.910 | 0 | get 0.0000% / 1h | 1m 07s | $1.1M | $1.7M | 10x |
| Short | GRVT NVO_USDT_Perp | 39.985 | 0.0051 | get 0.0051% / 8h | 2h 01m | $756 | $237K | 10x |
QFEX NVO-USD
GRVT NVO_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $10.71
- Price spread: +0.188% → −0.457%
- $64.52
- Slippage, 4 orders
- −$109.27
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$53.05
- Costs to cover
- 1.283%
- Break-even
- 41.7 days
Slippage from QFEX: live order book, 11 min ago; GRVT: live order book, 21 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, 11 min ago | 2.51 bp | 10.0 bp −$10 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 21 min ago | 5.00 bp | 61.9 bp −$62 | 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 | 39.985 | +0.188% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | 0.0000% | 8h | 39.970 | +0.150% | $2.0M | $3.9M | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.970 | +0.150% | $696K | $431K | 25x | as long as short |
| QFEX NVO-USDlong | 0.0000% | 1h | 39.910 | long leg | $1.1M | $1.7M | 10x | |
| Gate NVO_USDT | 0.0000% | 8h | 39.980 | +0.175% | $620K | $895K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.983 | +0.183% | $51K | $22K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.980 | +0.175% | $905 | $1.1M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.100 | +0.476% | $9K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.863% | $2K | $4 | 12x | as long as short |
| GRVT NVO_USDT_Perpshort | +0.0051% | 8h | 39.985 | +0.188% | $756 | $237K | 10x |
Aster NVOUSDT
Binance NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.920 | +0.025% | $113K | $216K | 10x | as long as short |
KuCoin NVOUSDTM