Settings8H · net · $10k
Funding arb · Price arb /

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against QFEX+0.100%7-day average −0.252% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1481.483% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.452%−$45 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.100%, 7d avg −0.252%
Together, before fees−0.436%−$44 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.352% dearer against QFEX than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.252%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NVO-USD39.8600get 0.0000% / 1h16m 54s$1.1M$1.6M10x
ShortGate NVO_USDT39.9000get 0.0000% / 8h3h 16m$664K$881K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.100% → −0.252%
$35.19
Slippage, 4 orders
−$123.26
Fee QFEX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$113.07
Costs to cover
1.483%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; Gate: live order book, 35 min ago.

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, 5 min ago2.51 bp10.0 bp −$1019.9 bp −$199doesn't fitdoesn't fit
Sell Gate live order book, 35 min ago8.76 bp108.0 bp −$108doesn't fitdoesn't fitdoesn't fit

NVO on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVOUSDT0.0000%8h39.932+0.180%$2K$6K20xas long as short
Bybit NVOUSDT0.0000%8h39.910+0.125%$693K$399K25xas long as short
QFEX NVO-USDlong0.0000%1h39.860long leg$1.1M$1.6M10x
Gate NVO_USDTshort0.0000%8h39.900+0.100%$664K$881K20x
SunX NVO-USDT0.0000%8h39.910+0.125%$980$1.0M10xas long as short
HTX NVO-USDT0.0000%8h39.940+0.201%$10K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.996%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.870+0.025%$113K$252K10xas long as short
Variational Omni NVO+0.0213%8h39.903+0.108%$66K$34Kas long as short
Binance NVOUSDT+0.0214%8h39.910+0.125%$2.1M$3.9M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0562%8h39.910+0.125%$682$224K10xas long as short