Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against QFEX+5.863%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 5.863% dearer against QFEX than usual: you sell high and buy low: +$586 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NVO-USD | 39.910 | −0.0001 | get 0.0000% / 1h | 18m 55s | $1.1M | $1.6M | 10x |
| Short | Injective NVO/USDC PERP | 42.250 | 0.0033 | get 0.0004% / 1h | 18m 55s | $2K | $4 | 12x |
QFEX NVO-USD
Injective NVO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7.22
- Price spread: +5.863% → 0.000%
- $586.32
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $583.52
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 3 min ago; Injective: no order-book sample. 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 QFEX live order book, 3 min ago | 2.51 bp | 12.5 bp −$13 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NVO-USDlong | −0.0001% | 1h | 39.910 | long leg | $1.1M | $1.6M | 10x | |
| Aster NVOUSDT | 0.0000% | 8h | 39.986 | +0.191% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.970 | +0.150% | $695K | $397K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.980 | +0.175% | $654K | $872K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 40.020 | +0.276% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.010 | +0.251% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPshort | +0.0033% | 1h | 42.250 | +5.863% | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.950 | +0.100% | $114K | $243K | 10x | as long as short |
| Variational Omni NVO | +0.0118% | 8h | 40.018 | +0.270% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0136% | 8h | 40.009 | +0.248% | $2.1M | $3.9M | 20x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
KuCoin NVOUSDTM
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_Perp | +0.0551% | 8h | 40.000 | +0.226% | $918 | $219K | 10x | as long as short |
GRVT NVO_USDT_Perp