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

NVO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against SunX−0.150%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$353as in the Funding arb table
Net, price: spread back to 7d avg − costs−$327as in the Price arb table
costs, in and out, $10k−$3073.074% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.453%−$45 on $10k
Price spread, last 3 days (all we have)+0.087%+$9 · spread now −0.150%, 7d avg +0.050%
Together, before fees−0.366%−$37 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 0.200% cheaper against SunX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NVO-USDT39.9800get 0.0000% / 8h7h 50m$1K$1.0M10x
ShortGate NVO_USDT39.9200get 0.0000% / 8h7h 50m$613K$865K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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: −0.150% → +0.050%
−$20
Slippage, 4 orders
−$284.35
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$327.35
Costs to cover
3.074%
Break-even
never at this rate
Slippage from SunX: live order book, 2 min ago; Gate: live order book, 21 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 SunX live order book, 2 min ago47.56 bp68.8 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 21 min ago15.02 bp116.2 bp −$116doesn'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%8h39.973−0.019%$2K$6K20xas long as short
Binance NVOUSDT0.0000%8h39.9800.000%$2.0M$3.8M20xas long as short
Bybit NVOUSDT0.0000%8h39.9800.000%$696K$415K25xas long as short
QFEX NVO-USD0.0000%1h39.900−0.200%$1.1M$1.7M10xas long as short
Gate NVO_USDTshort0.0000%8h39.920−0.150%$613K$865K20x
Variational Omni NVO0.0000%8h39.989+0.022%$65K$35Kas long as short
SunX NVO-USDTlong0.0000%8h39.980long leg$1K$1.0M10x
HTX NVO-USDT0.0000%8h40.000+0.050%$9K$16K10xas long as short
Injective NVO/USDC PERP+0.0033%1h42.250+5.678%$2K$412xas long as short
KuCoin NVOUSDTM+0.0100%8h39.960−0.050%$113K$245K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT NVO_USDT_Perp+0.0419%8h40.000+0.050%$671$226K10xas long as short