Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.130%
Price spread now: Gate against Bybit−0.075%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1581.582% of the position
Funding, last 7 days−0.453%−$45 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.075%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.075% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NVOUSDT | 39.980 | 0 | get 0.0000% / 8h | 40m 59s | $695K | $426K | 25x |
| Short | Gate NVO_USDT | 39.950 | 0 | get 0.0000% / 8h | 40m 59s | $620K | $883K | 20x |
Bybit NVOUSDT
Gate NVO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: −0.075% → 0.000%
- −$7.53
- Slippage, 4 orders
- −$132.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$165.77
- Costs to cover
- 1.582%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 34 min ago; Gate: live order book, 36 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 Bybit live order book, 34 min ago | 6.25 bp | 87.1 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 36 min ago | 8.76 bp | 25.7 bp −$26 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.977 | −0.007% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | 0.0000% | 8h | 39.950 | −0.075% | $2.0M | $3.9M | 20x | as long as short |
| Bybit NVOUSDTlong | 0.0000% | 8h | 39.980 | long leg | $695K | $426K | 25x | |
| QFEX NVO-USD | 0.0000% | 1h | 39.930 | −0.125% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.950 | −0.075% | $620K | $883K | 20x | |
| Variational Omni NVO | 0.0000% | 8h | 39.955 | −0.063% | $65K | $36K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.960 | −0.050% | $1K | $1.1M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.990 | +0.025% | $9K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.678% | $2K | $4 | 12x | as long as short |
| GRVT NVO_USDT_Perp | +0.0051% | 8h | 39.958 | −0.055% | $650 | $229K | 10x | as long as short |
Aster NVOUSDT
Binance NVOUSDT
QFEX NVO-USD
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
GRVT NVO_USDT_PerpShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.940 | −0.100% | $112K | $233K | 10x | as long as short |
KuCoin NVOUSDTM