Spread before costs (cost unknown: a leg has no order-book sample)+0.131%
7d average—if it closes, per $10,000$13funding while held, a day−$0.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVOUSDT | 39.660 | 0.0089 | pay 0.0089% / 8h | 6h 49m | $1.9M | $3.7M | 20x |
| Short | Variational Omni NVO | 39.712 | 0.0060 | get 0.0060% / 8h | 6h 49m | $50K | $23K | — |
Binance NVOUSDT
Variational Omni NVOPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $13.06
- Funding while held
- −$0.85
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $2.21
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0028%
- Per $10,000 a day
- −$0.85
- Average in range /8h
- —
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 | 2.51 bp | 13.7 bp −$14 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 price on every exchange
against the cheapest. Click to use as the short leg.KuCoin39.620cheapestQFEX39.640+0.050%
KuCoin
QFEXBinance39.660+0.101%
Aster39.662+0.106%Bybit39.670+0.126%Gate39.670+0.126%SunX39.700+0.202%
Aster
Bybit
Gate
SunXVariational Omni39.712+0.232%
HTX39.760+0.353%
HTXInjective42.250+6.638%
InjectiveNVO on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | −0.101% | +0.0100% | 8h | $111K | $255K | 10x | as long as short |
| QFEX NVO-USD | −0.050% | 0.0000% | 1h | $1.1M | $1.5M | 10x | as long as short |
| Binance NVOUSDTlong | 0.000% | +0.0089% | 8h | $1.9M | $3.7M | 20x | |
| Aster NVOUSDT | +0.005% | 0.0000% | 8h | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | +0.025% | 0.0000% | 8h | $673K | $398K | 25x | as long as short |
| Gate NVO_USDT | +0.025% | 0.0000% | 8h | $618K | $883K | 20x | as long as short |
| SunX NVO-USDT | +0.101% | 0.0000% | 8h | $801 | $1.1M | 10x | as long as short |
| Variational Omni NVOshort | +0.131% | +0.0060% | 8h | $50K | $23K | — | |
| HTX NVO-USDT | +0.252% | 0.0000% | 8h | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +6.531% | +0.0033% | 1h | $2K | $4 | 12x | as long as short |