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 UTC+0.0549%/8h= +60.1% APRnext payment +$5.49 per $10,000 · paid last 24h −0.009%
Price spread now: GRVT against Variational Omni−0.034%119s7-day average · you buy dearer than you sell
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 · GRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. GRVT is 0.034% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$16 a day). The two prices were read 119 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NVO39.9530.0002pay 0.0002% / 8h7h 07m$65K$35K
ShortGRVT NVO_USDT_Perp39.9400.0551get 0.0551% / 8h7h 07m$339$220K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Variational Omni. 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
$115.26
Price spread: −0.034% → 0.000%
−$3.36
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$102.9
Costs to cover
0.090%
Break-even
0.8 days
Slippage unknown: Variational Omni: no order-book sample; GRVT: live order book, 65 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 Variational Omni no order-book sample
Sell GRVT live order book, 65 min ago5.01 bp21.6 bp −$2278.5 bp −$785doesn't fitdoesn't fit
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
Aster NVOUSDT0.0000%8h39.937−0.040%$2K$6K20xas long as short
Bybit NVOUSDT0.0000%8h39.930−0.059%$695K$416K25xas long as short
QFEX NVO-USD0.0000%1h39.880−0.184%$1.1M$1.7M10xas long as short
Gate NVO_USDT0.0000%8h39.890−0.159%$612K$871K20xas long as short
SunX NVO-USDT0.0000%8h39.900−0.134%$1K$1.0M10xas long as short
HTX NVO-USDT0.0000%8h39.990+0.092%$9K$15K10xas long as short
Variational Omni NVOlong+0.0002%8h39.953long leg$65K$35K
Binance NVOUSDT+0.0022%8h39.890−0.159%$2.0M$3.8M20xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.748%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.880−0.184%$112K$253K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perpshort+0.0551%8h39.940−0.034%$339$220K10x