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

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: HTX against Injective−5.917%65s7-day average · you buy dearer than you sell
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 feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 5.917% cheaper against Injective than usual: you would sell low and buy high (−$592 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVO/USDC PERP42.2500.0033pay 0.0004% / 1h32m 06s$2K$412x
ShortHTX NVO-USDT39.7500get 0.0000% / 8h32m 06s$10K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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
−$7
Price spread: −5.917% → 0.000%
−$591.72
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
−$610.74
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; HTX: 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 Injective no order-book sample
Sell HTX no order-book sample
Injective and HTX: 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%8h39.661−6.127%$3K$7K20xas long as short
Bybit NVOUSDT0.0000%8h39.720−5.988%$715K$425K25xas long as short
QFEX NVO-USD0.0000%1h39.650−6.154%$1.1M$1.6M10xas long as short
Gate NVO_USDT0.0000%8h39.750−5.917%$863K$909K20xas long as short
SunX NVO-USDT0.0000%8h39.730−5.964%$922$1.0M10xas long as short
HTX NVO-USDTshort0.0000%8h39.750−5.917%$10K$16K10x
Injective NVO/USDC PERPlong+0.0033%1h42.250long leg$2K$412x
KuCoin NVOUSDTM+0.0100%8h39.680−6.083%$111K$257K10xas long as short
Binance NVOUSDT+0.0432%8h39.697−6.044%$2.1M$4.1M20xas long as short
Variational Omni NVO+0.0433%8h39.747−5.924%$65K$40Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0624%8h39.710−6.012%$825$225K10xas long as short