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

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against Bybit−0.125%7-day average −0.125% · 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 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.125%, 7d avg −0.125%
Together, before fees−0.025%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVOUSDT39.9300get 0.0000% / 8h7h 00m$695K$408K25x
ShortKuCoin NVOUSDTM39.8800.0100get 0.0100% / 8h7h 00m$112K$252K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$21
Price spread: −0.125% → −0.125%
−$0.02
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2.02
Costs to cover
0.230%
Break-even
7.7 days
Slippage unknown: Bybit: live order book, 4 min ago; KuCoin: live order book, 50 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 Bybit live order book, 4 min ago12.52 bp36.7 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago8.76 bpdoesn't fitdoesn'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%8h39.927−0.006%$2K$6K20xas long as short
Bybit NVOUSDTlong0.0000%8h39.930long leg$695K$408K25x
QFEX NVO-USD0.0000%1h39.830−0.250%$1.1M$1.7M10xas long as short
Gate NVO_USDT0.0000%8h39.920−0.025%$612K$872K20xas long as short
Variational Omni NVO0.0000%8h39.923−0.017%$65K$35Kas long as short
SunX NVO-USDT0.0000%8h39.9300.000%$1K$1.0M10xas long as short
HTX NVO-USDT0.0000%8h39.900−0.075%$9K$15K10xas long as short
Binance NVOUSDT+0.0012%8h39.920−0.025%$2.1M$3.8M20xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.810%$2K$412xas long as short
KuCoin NVOUSDTMshort+0.0100%8h39.880−0.125%$112K$252K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0364%8h39.920−0.025%$334$220K10xas long as short