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 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.015%
Price spread now: KuCoin against QFEX+0.050%7-day average −0.402% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.050%, 7d avg −0.402%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.452% dearer against QFEX than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of −0.402%. Mind the row above: over the last 3 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVO-USD39.9100get 0.0000% / 1h24m 02s$1.1M$1.7M10x
ShortKuCoin NVOUSDTM39.9300.0100get 0.0100% / 8h1h 24m$112K$221K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.050% → −0.402%
$45.16
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$44.16
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: QFEX: live order book, 3 min ago; KuCoin: live order book, 46 min ago. Net counts fees only.

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, 3 min ago1.25 bp8.8 bp −$914.0 bp −$140doesn't fitdoesn't fit
Sell KuCoin live order book, 46 min ago12.51 bpdoesn't fitdoesn't fitdoesn'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%8h39.974+0.161%$2K$6K20xas long as short
Binance NVOUSDT0.0000%8h39.940+0.075%$2.0M$3.9M20xas long as short
Bybit NVOUSDT0.0000%8h39.960+0.125%$695K$428K25xas long as short
QFEX NVO-USDlong0.0000%1h39.910long leg$1.1M$1.7M10x
Gate NVO_USDT0.0000%8h39.950+0.100%$620K$886K20xas long as short
Variational Omni NVO0.0000%8h39.945+0.088%$65K$36Kas long as short
SunX NVO-USDT0.0000%8h39.950+0.100%$839$1.1M10xas long as short
HTX NVO-USDT0.0000%8h40.010+0.251%$9K$16K10xas long as short
GRVT NVO_USDT_Perp+0.0032%8h39.940+0.075%$613$234K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.863%$2K$412xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NVOUSDTMshort+0.0100%8h39.930+0.050%$112K$221K10x