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 Gate−0.050%7-day average −0.128% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.400%+$40 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.050%, 7d avg −0.128%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.078% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVO_USDT | 39.930 | 0 | get 0.0000% / 8h | 2h 45m | $834K | $980K | 20x |
| Short | KuCoin NVOUSDTM | 39.910 | 0.0100 | get 0.0100% / 8h | 2h 45m | $114K | $260K | 10x |
Gate NVO_USDT
KuCoin NVOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.050% → −0.128%
- $7.76
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $1.76
- Costs to cover
- 0.270%
- Break-even
- 6.4 days
Slippage unknown: Gate: live order book, 1 min ago; KuCoin: live order book, 11 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 Gate live order book, 1 min ago | 5.01 bp | 97.8 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 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 | 39.934 | +0.010% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.920 | −0.025% | $694K | $400K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.830 | −0.250% | $1.1M | $1.6M | 10x | as long as short |
| Gate NVO_USDTlong | 0.0000% | 8h | 39.930 | long leg | $834K | $980K | 20x | |
| SunX NVO-USDT | 0.0000% | 8h | 39.940 | +0.025% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.970 | +0.100% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.810% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMshort | +0.0100% | 8h | 39.910 | −0.050% | $114K | $260K | 10x | |
| Variational Omni NVO | +0.0290% | 8h | 39.933 | +0.008% | $66K | $34K | — | as long as short |
| Binance NVOUSDT | +0.0297% | 8h | 39.930 | 0.000% | $2.1M | $3.9M | 20x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
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 | +0.0607% | 8h | 39.950 | +0.051% | $785 | $224K | 10x | as long as short |
GRVT NVO_USDT_Perp