Funding you earn now, next payment 02:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.015%
Price spread now: KuCoin against QFEX−0.025%7-day average −0.393% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.025%, 7d avg −0.393%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.368% dearer against QFEX than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.393%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NVO-USD | 39.900 | −0.0002 | get 0.0000% / 1h | 14m 44s | $1.1M | $1.7M | 10x |
| Short | KuCoin NVOUSDTM | 39.890 | 0.0100 | get 0.0100% / 8h | 6h 14m | $112K | $252K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against QFEX. 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
- $21.47
- Price spread: −0.025% → −0.393%
- $36.8
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $36.27
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 2 min ago; KuCoin: live order book, 21 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 QFEX live order book, 2 min ago | 1.25 bp | 11.3 bp −$11 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 10.03 bp | doesn't fit | 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-USDlong | −0.0002% | 1h | 39.900 | long leg | $1.1M | $1.7M | 10x | |
| Aster NVOUSDT | 0.0000% | 8h | 39.965 | +0.163% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | 0.0000% | 8h | 39.940 | +0.100% | $2.0M | $3.9M | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.940 | +0.100% | $696K | $396K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.940 | +0.100% | $612K | $864K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.943 | +0.107% | $66K | $36K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.950 | +0.125% | $706 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.950 | +0.125% | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.890% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMshort | +0.0100% | 8h | 39.890 | −0.025% | $112K | $252K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0104% | 8h | 39.930 | +0.075% | $282 | $220K | 10x | as long as short |
KuCoin NVOUSDTM
Aster NVOUSDT
Binance NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
GRVT NVO_USDT_Perp