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: Bybit against Gate+0.050%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3283.276% of the position
Funding, last 7 days+0.452%+$45 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.050%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.050% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVO_USDT | 39.980 | 0 | get 0.0000% / 8h | 4h 37m | $616K | $849K | 20x |
| Short | Bybit NVOUSDT | 40.000 | 0 | get 0.0000% / 8h | 4h 37m | $696K | $397K | 25x |
Gate NVO_USDT
Bybit NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- Price spread: +0.050% → 0.000%
- $4.97
- Slippage, 4 orders
- −$301.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$322.66
- Costs to cover
- 3.276%
- Break-even
- never at this rate
Slippage from Gate: live order book, 19 min ago; Bybit: live order book, 17 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 Gate live order book, 19 min ago | 10.01 bp | 102.5 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 17 min ago | 12.50 bp | 78.0 bp −$78 | 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 | −0.0001% | 1h | 39.900 | −0.200% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.980 | 0.000% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDTshort | 0.0000% | 8h | 40.000 | +0.050% | $696K | $397K | 25x | |
| Gate NVO_USDTlong | 0.0000% | 8h | 39.980 | long leg | $616K | $849K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 40.000 | +0.050% | $918 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.030 | +0.125% | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.678% | $2K | $4 | 12x | as long as short |
| Variational Omni NVO | +0.0053% | 8h | 39.988 | +0.019% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0063% | 8h | 40.000 | +0.050% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.930 | −0.125% | $113K | $244K | 10x | as long as short |
QFEX NVO-USD
Aster NVOUSDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
Variational Omni NVO
Binance NVOUSDT
KuCoin NVOUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0448% | 8h | 39.982 | +0.006% | $868 | $219K | 10x | as long as short |
GRVT NVO_USDT_Perp