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

NVO

RWAall NVO markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k+$12
spread now+0.169%7d average−0.590%fees + slippage, in and out−$64spread needed0.641%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVO-USD41.3000get 0.0000% / 1h30m 12s$1.1M$1.1M10x
ShortBinance NVOUSDT41.3700.0129get 0.0129% / 8h3h 30m$1.3M$2.1M20x

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
$16.95
Funding while held
$3.88
Slippage, 4 orders
−$44.12
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$43.29
Spread needed to break even
0.641%
Slippage from QFEX: live order book, 2 min ago; Binance: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
+0.0129%
Per $10,000 a day
+$3.88
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 QFEX live order book, 2 min ago3.63 bp11.0 bp −$1116.0 bp −$160doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.63 bp17.2 bp −$1772.2 bp −$722doesn't fitdoesn't fit

NVO price on every exchange

against the cheapest. Click to use as the short leg.

NVO on 10 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin NVOUSDTM−0.048%+0.0100%8h$102K$255K10xas long as short
QFEX NVO-USDlong0.000%0.0000%1h$1.1M$1.1M10x
Variational Omni NVO+0.093%+0.0101%8h$54K$15Kas long as short
Aster NVOUSDT+0.146%0.0000%8h$2K$5K20xas long as short
Binance NVOUSDTshort+0.169%+0.0129%8h$1.3M$2.1M20x
Bybit NVOUSDT+0.169%0.0000%8h$576K$1.5M25xas long as short
SunX NVO-USDT+0.194%0.0000%8h$1K$669K10xas long as short
Gate NVO_USDT+0.218%0.0000%8h$487K$654K20xas long as short
HTX NVO-USDT+0.266%0.0000%8h$8K$2K10xas long as short
Injective NVO/USDC PERP+2.300%+0.0033%1h$2K$412xas long as short