Funding you earn now, next payment 23:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.002%
Price spread now: Injective against Variational Omni+5.770%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 5.770% dearer against Variational Omni than usual: you sell high and buy low: +$577 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 | Variational Omni NVO | 39.945 | 0 | get 0.0000% / 8h | 1h 28m | $65K | $36K | — |
| Short | Injective NVO/USDC PERP | 42.250 | 0.0033 | get 0.0004% / 1h | 28m 40s | $2K | $4 | 12x |
Variational Omni NVO
Injective NVO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7
- Price spread: +5.770% → 0.000%
- $577.04
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $584.02
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Variational Omni and 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.972 | +0.068% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | 0.0000% | 8h | 39.940 | −0.013% | $2.0M | $3.9M | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.970 | +0.063% | $695K | $428K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.920 | −0.063% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.930 | −0.038% | $619K | $886K | 20x | as long as short |
| Variational Omni NVOlong | 0.0000% | 8h | 39.945 | long leg | $65K | $36K | — | |
| SunX NVO-USDT | 0.0000% | 8h | 39.950 | +0.012% | $839 | $1.1M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.980 | +0.088% | $9K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPshort | +0.0033% | 1h | 42.250 | +5.770% | $2K | $4 | 12x | |
| GRVT NVO_USDT_Perp | +0.0036% | 8h | 39.941 | −0.009% | $443 | $234K | 10x | as long as short |
Aster NVOUSDT
Binance NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
GRVT NVO_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.920 | −0.063% | $112K | $217K | 10x | as long as short |
KuCoin NVOUSDTM