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

NVO

RWAall NVO markets
SwapBacktest
Alert: funding
Alert: spread
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: SunX against Gate−0.050%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2912.905% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.452%+$45 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.050%, 7d avg −0.047%
Together, before fees+0.553%+$55 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NVO_USDT39.7600get 0.0000% / 8h34m 41s$863K$908K20x
ShortSunX NVO-USDT39.7400get 0.0000% / 8h34m 41s$1K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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
$0
Price spread: −0.050% → −0.047%
−$0.31
Slippage, 4 orders
−$267.52
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$290.83
Costs to cover
2.905%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; SunX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago6.29 bp97.8 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 8 min ago47.90 bp106.5 bp −$106doesn'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%8h39.692−0.172%$3K$7K20xas long as short
Bybit NVOUSDT0.0000%8h39.730−0.075%$715K$425K25xas long as short
QFEX NVO-USD0.0000%1h39.700−0.151%$1.1M$1.6M10xas long as short
Gate NVO_USDTlong0.0000%8h39.760long leg$863K$908K20x
SunX NVO-USDTshort0.0000%8h39.740−0.050%$1K$1.0M10x
HTX NVO-USDT0.0000%8h39.770+0.025%$10K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+6.263%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.670−0.226%$111K$257K10xas long as short
Variational Omni NVO+0.0433%8h39.747−0.032%$65K$40Kas long as short
Binance NVOUSDT+0.0434%8h39.749−0.027%$2.1M$4.1M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0638%8h39.708−0.132%$830$226K10xas long as short