data as of
Settings8H · net · $10k
Price arb /

NVO

RWAall NVO markets
SwapFunding view
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Spread before costs (cost unknown: a leg has no order-book sample)−5.845%
7d averageif it closes, per $10,000$584funding while held, a day+$2.93
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVO/USDC PERP42.2500.0033pay 0.0004% / 1h30m 19s$2K$412x
ShortVariational Omni NVO39.7810.0131get 0.0131% / 8h1h 30m$51K$19K

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$584.46
Funding while held
$2.93
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$581.55
Spread needed to break even
0.000%
Slippage unknown: Injective: no order-book sample; Variational Omni: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0098%
Per $10,000 a day
+$2.93
Average in range /8h

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 Variational Omni no order-book sample
Injective and 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 price on every exchange

against the cheapest. Click to use as the short leg.
QFEX39.750cheapest
Binance39.780+0.075%
KuCoin39.780+0.075%
Variational Omni39.781+0.077%
Aster39.790+0.101%
Bybit39.820+0.176%
Gate39.820+0.176%
SunX39.830+0.201%
HTX39.850+0.252%
Injective42.250+6.289%

NVO on 10 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
QFEX NVO-USD−5.917%0.0000%1h$1.1M$1.3M10xas long as short
Binance NVOUSDT−5.846%+0.0158%8h$1.6M$2.9M20xas long as short
KuCoin NVOUSDTM−5.846%+0.0100%8h$112K$276K10xas long as short
Variational Omni NVOshort−5.845%+0.0131%8h$51K$19K
Aster NVOUSDT−5.822%0.0000%8h$2K$6K20xas long as short
Bybit NVOUSDT−5.751%0.0000%8h$600K$1.6M25xas long as short
Gate NVO_USDT−5.751%0.0000%8h$588K$823K20xas long as short
SunX NVO-USDT−5.728%0.0000%8h$1K$889K10xas long as short
HTX NVO-USDT−5.680%0.0000%8h$9K$15K10xas long as short
Injective NVO/USDC PERPlong0.000%+0.0033%1h$2K$412x