Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%
Price spread now: SunX against QFEX+0.251%7-day average −0.331% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.251%, 7d avg −0.331%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.582% dearer against QFEX than usual: you sell high and buy low, +$58 on $10k if it goes back to its 7-day average of −0.331%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NVO-USD | 39.910 | −0.0001 | get 0.0000% / 1h | 11m 03s | $1.1M | $1.6M | 10x |
| Short | SunX NVO-USDT | 40.010 | 0 | get 0.0000% / 8h | 4h 11m | $1K | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0.22
- Price spread: +0.251% → −0.331%
- $58.19
- Slippage, 4 orders
- −$138.98
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$98.58
- Costs to cover
- 1.570%
- Break-even
- 3166.6 days
Slippage from QFEX: live order book, 6 min ago; SunX: live order book, 2 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 QFEX live order book, 6 min ago | 2.51 bp | 12.5 bp −$13 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 47.49 bp | 68.1 bp −$68 | 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 | −0.0001% | 1h | 39.910 | long leg | $1.1M | $1.6M | 10x | |
| Aster NVOUSDT | 0.0000% | 8h | 39.990 | +0.201% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 40.000 | +0.226% | $695K | $398K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 40.010 | +0.251% | $655K | $876K | 20x | as long as short |
| SunX NVO-USDTshort | 0.0000% | 8h | 40.010 | +0.251% | $1K | $1.0M | 10x | |
| HTX NVO-USDT | 0.0000% | 8h | 40.040 | +0.326% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.863% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.940 | +0.075% | $114K | $242K | 10x | as long as short |
| Variational Omni NVO | +0.0171% | 8h | 40.003 | +0.232% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0183% | 8h | 40.007 | +0.243% | $2.1M | $3.9M | 20x | as long as short |
Show 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 | +0.251% | $312 | $219K | 10x | as long as short |
SunX NVO-USDT
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTM
Variational Omni NVO
Binance NVOUSDT
GRVT NVO_USDT_Perp