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: KuCoin against SunX−0.150%54s7-day average −0.088% · you buy dearer than you sell
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)+0.185%+$18 · spread now −0.150%, 7d avg −0.088%
=Funding pays, the price is against you. KuCoin is 0.062% cheaper against SunX than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.088%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NVO-USDT | 40.000 | 0 | get 0.0000% / 8h | 4h 34m | $936 | $1.0M | 10x |
| Short | KuCoin NVOUSDTM | 39.940 | 0.0100 | get 0.0100% / 8h | 4h 34m | $113K | $243K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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% → −0.088%
- −$6.18
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$5.18
- Costs to cover
- 0.200%
- Break-even
- 8.7 days
Slippage unknown: SunX: live order book, 8 min ago; KuCoin: live order book, 46 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 SunX live order book, 8 min ago | 46.26 bp | 66.2 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 46 min ago | 11.27 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-USD | −0.0001% | 1h | 39.920 | −0.200% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.993 | −0.018% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 40.010 | +0.025% | $696K | $397K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 40.010 | +0.025% | $617K | $849K | 20x | as long as short |
| SunX NVO-USDTlong | 0.0000% | 8h | 40.000 | long leg | $936 | $1.0M | 10x | |
| HTX NVO-USDT | 0.0000% | 8h | 40.050 | +0.125% | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.625% | $2K | $4 | 12x | as long as short |
| Variational Omni NVO | +0.0062% | 8h | 39.988 | −0.030% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0072% | 8h | 40.029 | +0.072% | $2.1M | $3.8M | 20x | as long as short |
| KuCoin NVOUSDTMshort | +0.0100% | 8h | 39.940 | −0.150% | $113K | $243K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0482% | 8h | 39.992 | −0.021% | $560 | $219K | 10x | as long as short |
SunX NVO-USDT
KuCoin NVOUSDTM
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
HTX NVO-USDT
Injective NVO/USDC PERP
Variational Omni NVO
Binance NVOUSDT
GRVT NVO_USDT_Perp