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

NVO

RWAall NVO markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVO-USD39.900−0.0002get 0.0000% / 1h14m 44s$1.1M$1.7M10x
ShortKuCoin NVOUSDTM39.8900.0100get 0.0100% / 8h6h 14m$112K$252K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 2 min ago1.25 bp11.3 bp −$1120.6 bp −$206doesn't fitdoesn't fit
Sell KuCoin live order book, 21 min ago10.03 bpdoesn't fitdoesn'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
QFEX NVO-USDlong−0.0002%1h39.900long leg$1.1M$1.7M10x
Aster NVOUSDT0.0000%8h39.965+0.163%$2K$6K20xas long as short
Binance NVOUSDT0.0000%8h39.940+0.100%$2.0M$3.9M20xas long as short
Bybit NVOUSDT0.0000%8h39.940+0.100%$696K$396K25xas long as short
Gate NVO_USDT0.0000%8h39.940+0.100%$612K$864K20xas long as short
Variational Omni NVO0.0000%8h39.943+0.107%$66K$36Kas long as short
SunX NVO-USDT0.0000%8h39.950+0.125%$706$1.0M10xas long as short
HTX NVO-USDT0.0000%8h39.950+0.125%$9K$15K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.890%$2K$412xas long as short
KuCoin NVOUSDTMshort+0.0100%8h39.890−0.025%$112K$252K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0104%8h39.930+0.075%$282$220K10xas long as short