Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against Bybit+0.025%7-day average −0.126% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.025%, 7d avg −0.126%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.152% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.126%. Mind the row above: over the last 7 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NVOUSDT | 39.920 | 0 | get 0.0000% / 8h | 2h 07m | $698K | $403K | 25x |
| Short | KuCoin NVOUSDTM | 39.930 | 0.0100 | get 0.0100% / 8h | 2h 07m | $112K | $260K | 10x |
Bybit NVOUSDT
KuCoin NVOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.025% → −0.126%
- $15.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $13.15
- Costs to cover
- 0.230%
- Break-even
- 2.6 days
Slippage unknown: Bybit: live order book, 37 min ago; KuCoin: live order book, 49 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 Bybit live order book, 37 min ago | 6.26 bp | 77.9 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 13.78 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.871 | −0.122% | $3K | $7K | 20x | as long as short |
| Bybit NVOUSDTlong | 0.0000% | 8h | 39.920 | long leg | $698K | $403K | 25x | |
| QFEX NVO-USD | 0.0000% | 1h | 39.860 | −0.150% | $1.1M | $1.6M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.960 | +0.100% | $839K | $987K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.970 | +0.125% | $803 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.010 | +0.225% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.837% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMshort | +0.0100% | 8h | 39.930 | +0.025% | $112K | $260K | 10x | |
| Variational Omni NVO | +0.0294% | 8h | 39.963 | +0.108% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0318% | 8h | 39.950 | +0.075% | $2.1M | $4.0M | 20x | as long as short |
Aster NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
Variational Omni NVO
Binance NVOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0589% | 8h | 39.953 | +0.081% | $1K | $227K | 10x | as long as short |
GRVT NVO_USDT_Perp