Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.010%
Price spread now: QFEX against Injective−5.609%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 5.609% cheaper against Injective than usual: you would sell low and buy high (−$561 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective NVO/USDC PERP | 42.250 | 0.0033 | pay 0.0004% / 1h | 51m 07s | $2K | $4 | 12x |
| Short | QFEX NVO-USD | 39.880 | 0 | get 0.0000% / 1h | 51m 07s | $1.1M | $1.6M | 10x |
Injective NVO/USDC PERP
QFEX NVO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Injective. 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
- −$7
- Price spread: −5.609% → 0.000%
- −$560.95
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$577.97
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 6 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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 6 min ago | 1.25 bp | 13.8 bp −$14 | 21.4 bp −$214 | doesn't fit | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.890 | −5.585% | $3K | $7K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.970 | −5.396% | $696K | $405K | 25x | as long as short |
| QFEX NVO-USDshort | 0.0000% | 1h | 39.880 | −5.609% | $1.1M | $1.6M | 10x | |
| Gate NVO_USDT | 0.0000% | 8h | 39.960 | −5.420% | $839K | $953K | 20x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.970 | −5.396% | $859 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 40.040 | −5.231% | $10K | $16K | 10x | as long as short |
| Injective NVO/USDC PERPlong | +0.0033% | 1h | 42.250 | long leg | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.910 | −5.538% | $112K | $258K | 10x | as long as short |
| Variational Omni NVO | +0.0367% | 8h | 39.958 | −5.425% | $66K | $36K | — | as long as short |
| Binance NVOUSDT | +0.0395% | 8h | 39.970 | −5.396% | $2.1M | $4.0M | 20x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
SunX NVO-USDT
HTX NVO-USDT
KuCoin NVOUSDTM
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 | +0.0654% | 8h | 39.970 | −5.396% | $318 | $228K | 10x | as long as short |
GRVT NVO_USDT_Perp