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: Bybit against KuCoin+0.150%7-day average +0.127% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now +0.150%, 7d avg +0.127%
=The price spread pays, funding is against you. Bybit is 0.023% dearer against KuCoin than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of +0.127%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVOUSDTM | 39.940 | 0.0100 | pay 0.0100% / 8h | 4h 11m | $114K | $242K | 10x |
| Short | Bybit NVOUSDT | 40.000 | 0 | get 0.0000% / 8h | 4h 11m | $695K | $398K | 25x |
KuCoin NVOUSDTM
Bybit NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$21
- Price spread: +0.150% → +0.127%
- $2.32
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.68
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 70 min ago; Bybit: live order book, 43 min ago. Net counts fees only.
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 KuCoin live order book, 70 min ago | 11.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 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 | 39.910 | −0.075% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.990 | +0.126% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDTshort | 0.0000% | 8h | 40.000 | +0.150% | $695K | $398K | 25x | |
| Gate NVO_USDT | 0.0000% | 8h | 40.010 | +0.175% | $655K | $876K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 40.010 | +0.175% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.040 | +0.250% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.784% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMlong | +0.0100% | 8h | 39.940 | long leg | $114K | $242K | 10x | |
| Variational Omni NVO | +0.0171% | 8h | 40.003 | +0.157% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0183% | 8h | 40.007 | +0.168% | $2.1M | $3.9M | 20x | as long as short |
QFEX NVO-USD
Aster NVOUSDT
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
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 | +0.0609% | 8h | 40.010 | +0.175% | $312 | $219K | 10x | as long as short |
GRVT NVO_USDT_Perp