Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Gate−0.279%7-day average +0.233% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 4 days (all we have)+0.452%+$45 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.279%, 7d avg +0.233%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.512% cheaper against Gate than usual: you would sell low and buy high, −$51 on $10k if it goes back to its 7-day average of +0.233%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVO_USDT | 39.390 | 0 | get 0.0000% / 8h | 7h 36m | $847K | $758K | 20x |
| Short | QFEX NVO-USD | 39.280 | 0.0000 | pay 0.0000% / 1h | 36m 40s | $1.1M | $1.6M | 10x |
Gate NVO_USDT
QFEX NVO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$0.08
- Price spread: −0.279% → +0.233%
- −$51.18
- Slippage, 4 orders
- −$112.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$189.16
- Costs to cover
- 1.379%
- Break-even
- never at this rate
Slippage from Gate: live order book, 60 min ago; QFEX: live order book, 5 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, 60 min ago | 6.29 bp | 97.8 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.55 bp | 10.1 bp −$10 | 15.7 bp −$157 | 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-USDshort | 0.0000% | 1h | 39.280 | −0.279% | $1.1M | $1.6M | 10x | |
| Aster NVOUSDT | 0.0000% | 8h | 39.367 | −0.059% | $3K | $7K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.390 | 0.000% | $721K | $369K | 25x | as long as short |
| Gate NVO_USDTlong | 0.0000% | 8h | 39.390 | long leg | $847K | $758K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 39.370 | −0.051% | $1K | $873K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.410 | +0.051% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +7.261% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.350 | −0.102% | $110K | $277K | 10x | as long as short |
| Variational Omni NVO | +0.0457% | 8h | 39.339 | −0.131% | $64K | $38K | — | as long as short |
| Binance NVOUSDT | +0.0460% | 8h | 39.380 | −0.025% | $2.1M | $3.5M | 20x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTM
Variational Omni NVO
Binance NVOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.1184% | 8h | 39.358 | −0.083% | $240 | $211K | 10x | as long as short |
GRVT NVO_USDT_Perp