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

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.012%
Price spread now: Variational Omni against QFEX+0.148%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.148% dearer against QFEX than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVO-USD39.860−0.0002get 0.0000% / 1h46m 59s$1.1M$1.7M10x
ShortVariational Omni NVO39.9190get 0.0000% / 8h6h 46m$65K$35K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0.47
Price spread: +0.148% → 0.000%
$14.75
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$5.23
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: QFEX: live order book, 10 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 10 min ago2.51 bp17.5 bp −$1826.3 bp −$263doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX NVO-USDlong−0.0002%1h39.860long leg$1.1M$1.7M10x
Aster NVOUSDT0.0000%8h39.939+0.198%$2K$6K20xas long as short
Bybit NVOUSDT0.0000%8h39.930+0.176%$696K$396K25xas long as short
Gate NVO_USDT0.0000%8h39.910+0.125%$611K$861K20xas long as short
Variational Omni NVOshort0.0000%8h39.919+0.148%$65K$35K
SunX NVO-USDT0.0000%8h39.920+0.151%$1K$1.0M10xas long as short
HTX NVO-USDT0.0000%8h39.980+0.301%$9K$15K10xas long as short
Binance NVOUSDT+0.0009%8h39.920+0.151%$2.1M$3.8M20xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.996%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.880+0.050%$112K$250K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0359%8h39.930+0.176%$969$220K10xas long as short