Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Binance−0.046%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1861.864% of the position
Funding, last 7 days−0.495%−$49 on $10k
+Price spread, last 2 days (all we have)+0.187%+$19 · spread now −0.046%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.096% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVOUSDT | 39.909 | 0.0001 | pay 0.0001% / 8h | 6h 39m | $2.1M | $3.8M | 20x |
| Short | Gate NVO_USDT | 39.890 | 0 | get 0.0000% / 8h | 6h 39m | $611K | $862K | 20x |
Binance NVOUSDT
Gate NVO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$0.27
- Price spread: −0.046% → +0.050%
- −$9.63
- Slippage, 4 orders
- −$161.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$196.34
- Costs to cover
- 1.864%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 28 min ago.
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 Binance live order book, 12 min ago | 1.25 bp | 21.3 bp −$21 | 78.4 bp −$784 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 6.26 bp | 108.3 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NVO-USD | −0.0002% | 1h | 39.880 | −0.071% | $1.1M | $1.7M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.941 | +0.081% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.920 | +0.029% | $695K | $396K | 25x | as long as short |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.890 | −0.046% | $611K | $862K | 20x | |
| Variational Omni NVO | 0.0000% | 8h | 39.899 | −0.024% | $65K | $35K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.900 | −0.021% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.940 | +0.079% | $9K | $15K | 10x | as long as short |
| Binance NVOUSDTlong | +0.0001% | 8h | 39.909 | long leg | $2.1M | $3.8M | 20x | |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.867% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.880 | −0.071% | $112K | $250K | 10x | as long as short |
QFEX NVO-USD
Aster NVOUSDT
Bybit NVOUSDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0258% | 8h | 39.920 | +0.029% | $354 | $220K | 10x | as long as short |
GRVT NVO_USDT_Perp