Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.3% APRnext payment −$1.04 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.184%7-day average −0.097% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)−0.258%−$26 · spread now −0.184%, 7d avg −0.097%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.087% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.097%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVOUSDT | 40.013 | 0.0204 | pay 0.0204% / 8h | 4h 08m | $2.1M | $3.9M | 20x |
| Short | KuCoin NVOUSDTM | 39.940 | 0.0100 | get 0.0100% / 8h | 4h 08m | $114K | $242K | 10x |
Binance NVOUSDT
KuCoin NVOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$21.76
- Price spread: −0.184% → −0.097%
- −$8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$52.46
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; KuCoin: live order book, 3 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 Binance live order book, 13 min ago | 1.25 bp | 9.9 bp −$10 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 10.01 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 | 39.910 | −0.259% | $1.1M | $1.6M | 10x | as long as short |
| Aster NVOUSDT | 0.0000% | 8h | 39.985 | −0.071% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 40.000 | −0.034% | $695K | $398K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 40.010 | −0.009% | $655K | $876K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 40.010 | −0.009% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.040 | +0.066% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.589% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMshort | +0.0100% | 8h | 39.940 | −0.184% | $114K | $242K | 10x | |
| Variational Omni NVO | +0.0171% | 8h | 40.003 | −0.027% | $66K | $36K | — | as long as short |
| Binance NVOUSDTlong | +0.0204% | 8h | 40.013 | long leg | $2.1M | $3.9M | 20x |
QFEX NVO-USD
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
Variational Omni NVOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0630% | 8h | 40.001 | −0.032% | $312 | $219K | 10x | as long as short |
GRVT NVO_USDT_Perp