Funding you earn now, next payment 01:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against QFEX+5.890%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 5.890% dearer against QFEX than usual: you sell high and buy low: +$589 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NVO-USD | 39.900 | −0.0002 | get 0.0000% / 1h | 57m 37s | $1.1M | $1.7M | 10x |
| Short | Injective NVO/USDC PERP | 42.250 | 0.0033 | get 0.0004% / 1h | 57m 37s | $2K | $4 | 12x |
QFEX NVO-USD
Injective NVO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against QFEX. 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
- $7.47
- Price spread: +5.890% → 0.000%
- $588.97
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $586.42
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 9 min ago; Injective: no order-book sample. 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 QFEX live order book, 9 min ago | 1.25 bp | 18.8 bp −$19 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NVO-USDlong | −0.0002% | 1h | 39.900 | long leg | $1.1M | $1.7M | 10x | |
| Aster NVOUSDT | 0.0000% | 8h | 39.939 | +0.097% | $2K | $6K | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.940 | +0.100% | $695K | $396K | 25x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.920 | +0.050% | $612K | $860K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.923 | +0.058% | $65K | $35K | — | as long as short |
| SunX NVO-USDT | 0.0000% | 8h | 39.950 | +0.125% | $1K | $1.0M | 10x | as long as short |
| HTX NVO-USDT | 0.0000% | 8h | 39.960 | +0.150% | $9K | $15K | 10x | as long as short |
| Binance NVOUSDT | +0.0014% | 8h | 39.930 | +0.075% | $2.1M | $3.8M | 20x | as long as short |
| Injective NVO/USDC PERPshort | +0.0033% | 1h | 42.250 | +5.890% | $2K | $4 | 12x | |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.890 | −0.025% | $112K | $251K | 10x | as long as short |
Aster NVOUSDT
Bybit NVOUSDT
Gate NVO_USDT
Variational Omni NVO
SunX NVO-USDT
HTX NVO-USDT
Binance NVOUSDT
KuCoin NVOUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0332% | 8h | 39.920 | +0.050% | $329 | $220K | 10x | as long as short |
GRVT NVO_USDT_Perp