Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.075%7-day average +0.119% · you sell dearer than you buy
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)−0.067%−$7 · spread now +0.075%, 7d avg +0.119%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.044% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.119%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVOUSDTM | 39.820 | 0.0100 | pay 0.0100% / 8h | 4h 55m | $112K | $423K | 10x |
| Short | Gate NVO_USDT | 39.850 | 0 | get 0.0000% / 8h | 4h 55m | $864K | $665K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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% → +0.119%
- −$4.36
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$52.36
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 39 min ago; Gate: live order book, 50 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, 39 min ago | 10.07 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 5.03 bp | 96.7 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
NVO on 11 exchanges
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 | 39.824 | +0.009% | $3K | $9K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.810 | −0.025% | $693K | $356K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.770 | −0.126% | $1.1M | $1.3M | 10x | as long as short |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.850 | +0.075% | $864K | $665K | 20x | |
| GRVT NVO_USDT_Perp | 0.0000% | 8h | 39.865 | +0.112% | $440 | $180K | 10x | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.840 | +0.050% | $857 | $575K | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.890 | +0.176% | $10K | $15K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +6.102% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTMlong | +0.0100% | 8h | 39.820 | long leg | $112K | $423K | 10x | |
| Variational Omni NVO | +0.0215% | 8h | 39.824 | +0.011% | $64K | $40K | — | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVOUSDT | +0.0222% | 8h | 39.836 | +0.040% | $2.1M | $2.9M | 20x | as long as short |
KuCoin NVOUSDTM
Gate NVO_USDT
Aster NVOUSDT
Bybit NVOUSDT
GRVT NVO_USDT_Perp
SunX NVO-USDT
HTX NVO-USDT
Injective NVO/USDC PERP
Variational Omni NVO
Binance NVOUSDT