Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Binance0.000%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1521.525% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 2 days (all we have)+0.016%+$2 · spread now 0.000%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVOUSDT | 39.940 | 0 | get 0.0000% / 8h | 6h 16m | $2.0M | $3.9M | 20x |
| Short | Bybit NVOUSDT | 39.940 | 0 | get 0.0000% / 8h | 6h 16m | $696K | $396K | 25x |
Binance NVOUSDT
Bybit NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- Price spread: 0.000% → +0.015%
- −$1.54
- Slippage, 4 orders
- −$131.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$154.01
- Costs to cover
- 1.525%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 48 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 Binance live order book, 5 min ago | 1.25 bp | 19.7 bp −$20 | 83.4 bp −$834 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 48 min ago | 12.52 bp | 74.3 bp −$74 | 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 | −0.0002% | 1h | 39.890 | −0.125% | $1.1M | $1.7M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.963 | +0.059% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDTlong | 0.0000% | 8h | 39.940 | long leg | $2.0M | $3.9M | 20x | |
| Bybit NVOUSDTshort | 0.0000% | 8h | 39.940 | 0.000% | $696K | $396K | 25x | |
| Gate NVO_USDT | 0.0000% | 8h | 39.930 | −0.025% | $612K | $864K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.923 | −0.044% | $66K | $36K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.940 | 0.000% | $903 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.970 | +0.075% | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.784% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.890 | −0.125% | $113K | $252K | 10x | as long as short |
QFEX NVO-USD
Aster NVOUSDT
Gate NVO_USDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTMShow 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 | −0.025% | $282 | $220K | 10x | as long as short |
GRVT NVO_USDT_Perp