Settings8H · net · $10k
Funding arb · Price arb /

NVO

RWAall NVO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0277%/8h= +30.4% APRnext payment +$2.77 per $10,000 · paid last 24h +0.012%
Price spread now: Variational Omni against Bybit+0.120%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Variational Omni is 0.120% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NVOUSDT39.9100get 0.0000% / 8h2h 46m$693K$400K25x
ShortVariational Omni NVO39.9580.0277get 0.0277% / 8h2h 46m$66K$34K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$58.27
Price spread: +0.120% → 0.000%
$12.03
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$59.3
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 63 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 63 min ago7.50 bp39.9 bp −$40doesn't fitdoesn't fitdoesn'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 on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVOUSDT0.0000%8h39.934+0.059%$2K$6K20xas long as short
Bybit NVOUSDTlong0.0000%8h39.910long leg$693K$400K25x
QFEX NVO-USD0.0000%1h39.830−0.200%$1.1M$1.6M10xas long as short
Gate NVO_USDT0.0000%8h39.930+0.050%$834K$980K20xas long as short
SunX NVO-USDT0.0000%8h39.940+0.075%$1K$1.0M10xas long as short
HTX NVO-USDT0.0000%8h39.970+0.150%$10K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.863%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.9100.000%$114K$260K10xas long as short
Variational Omni NVOshort+0.0277%8h39.958+0.120%$66K$34K
Binance NVOUSDT+0.0297%8h39.930+0.050%$2.1M$3.9M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0607%8h39.950+0.101%$785$224K10xas long as short