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 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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVO-USD39.910−0.0001get 0.0000% / 1h11m 03s$1.1M$1.6M10x
ShortSunX NVO-USDT40.0100get 0.0000% / 8h4h 11m$1K$1.0M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago2.51 bp12.5 bp −$1320.7 bp −$207doesn't fitdoesn't fit
Sell SunX live order book, 2 min ago47.49 bp68.1 bp −$68doesn'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−0.0001%1h39.910long leg$1.1M$1.6M10x
Aster NVOUSDT0.0000%8h39.990+0.201%$2K$6K20xas long as short
Bybit NVOUSDT0.0000%8h40.000+0.226%$695K$398K25xas long as short
Gate NVO_USDT0.0000%8h40.010+0.251%$655K$876K20xas long as short
SunX NVO-USDTshort0.0000%8h40.010+0.251%$1K$1.0M10x
HTX NVO-USDT0.0000%8h40.040+0.326%$10K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.863%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.940+0.075%$114K$242K10xas long as short
Variational Omni NVO+0.0171%8h40.003+0.232%$66K$36Kas long as short
Binance NVOUSDT+0.0183%8h40.007+0.243%$2.1M$3.9M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0609%8h40.010+0.251%$312$219K10xas long as short