Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.075%7-day average +0.169% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 2 days (all we have)+0.074%+$7 · spread now +0.075%, 7d avg +0.169%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.169%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVOUSDTM | 39.920 | 0.0100 | pay 0.0100% / 8h | 5h 49m | $112K | $255K | 10x |
| Short | Binance NVOUSDT | 39.950 | 0 | get 0.0000% / 8h | 5h 49m | $2.1M | $3.9M | 20x |
KuCoin NVOUSDTM
Binance NVOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: +0.075% → +0.169%
- −$9.37
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.37
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 46 min ago; Binance: live order book, 2 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 KuCoin live order book, 46 min ago | 10.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.25 bp | 17.5 bp −$18 | 71.6 bp −$716 | 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 | 39.959 | +0.097% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDTshort | 0.0000% | 8h | 39.950 | +0.075% | $2.1M | $3.9M | 20x | |
| Bybit NVOUSDT | 0.0000% | 8h | 39.970 | +0.125% | $696K | $397K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.870 | −0.125% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.940 | +0.050% | $612K | $851K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.947 | +0.068% | $66K | $36K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.960 | +0.100% | $847 | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.990 | +0.175% | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.837% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMlong | +0.0100% | 8h | 39.920 | long leg | $112K | $255K | 10x |
Aster NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0144% | 8h | 39.966 | +0.116% | $1K | $218K | 10x | as long as short |
GRVT NVO_USDT_Perp