Funding you earn now, next payment 08:00 UTC−0.0378%/8h= −41.4% APRpaid last 24h −0.005%
Price spread now: Injective against Binance+7.479%97s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 7.479% dearer against Binance than usual: you sell high and buy low (spread +7.479% now, against zero (this spread has no 7-day history yet)): +$748 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 97 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 | Binance NVOUSDT | 39.310 | 0.0412 | pay 0.0412% / 8h | 3m 43s | $2.1M | $4.1M | 20x |
| Short | Injective NVO/USDC PERP | 42.250 | 0.0033 | get 0.0004% / 1h | 3m 43s | $2K | $4 | 12x |
Binance NVOUSDT
Injective NVO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$79.44
- Price spread: +7.479% → 0.000%
- $747.9
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $658.44
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 3 min ago; Injective: no order-book sample. 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 Binance live order book, 3 min ago | 3.81 bp | 20.7 bp −$21 | 72.6 bp −$726 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.327 | +0.043% | $3K | $7K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.290 | −0.051% | $717K | $432K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.230 | −0.204% | $1.1M | $1.6M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.360 | +0.127% | $844K | $936K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.340 | +0.076% | $1K | $996K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.360 | +0.127% | $9K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPshort | +0.0033% | 1h | 42.250 | +7.479% | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.300 | −0.025% | $109K | $265K | 10x | as long as short |
| Variational Omni NVO | +0.0399% | 8h | 39.330 | +0.050% | $64K | $41K | — | as long as short |
| Binance NVOUSDTlong | +0.0412% | 8h | 39.310 | long leg | $2.1M | $4.1M | 20x |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
KuCoin NVOUSDTM
Variational Omni NVOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0582% | 8h | 39.300 | −0.026% | $237 | $217K | 10x | as long as short |
GRVT NVO_USDT_Perp