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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX+0.025%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$343as in the Price arb table
costs, in and out, $10k−$3403.404% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.452%−$45 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.025%, 7d avg +0.047%
Together, before fees−0.541%−$54 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.022% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NVO-USDT39.9300get 0.0000% / 8h2h 14m$616$1.0M10x
ShortGate NVO_USDT39.9400get 0.0000% / 8h2h 14m$839K$986K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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
Price spread: +0.025% → +0.047%
−$2.15
Slippage, 4 orders
−$317.4
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$342.55
Costs to cover
3.404%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Gate: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago47.60 bp67.6 bp −$68doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 32 min ago5.01 bp106.7 bp −$107doesn'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%8h39.850−0.200%$3K$7K20xas long as short
Bybit NVOUSDT0.0000%8h39.900−0.075%$697K$402K25xas long as short
QFEX NVO-USD0.0000%1h39.830−0.250%$1.1M$1.6M10xas long as short
Gate NVO_USDTshort0.0000%8h39.940+0.025%$839K$986K20x
SunX NVO-USDTlong0.0000%8h39.930long leg$616$1.0M10x
HTX NVO-USDT0.0000%8h39.960+0.075%$10K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.810%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.910−0.050%$112K$260K10xas long as short
Variational Omni NVO+0.0289%8h39.923−0.016%$66K$36Kas long as short
Binance NVOUSDT+0.0295%8h39.920−0.025%$2.1M$4.0M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0573%8h39.958+0.069%$246$226K10xas long as short