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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NVO-USDT | 39.980 | 0 | get 0.0000% / 8h | 7h 50m | $1K | $1.0M | 10x |
| Short | Gate NVO_USDT | 39.920 | 0 | get 0.0000% / 8h | 7h 50m | $613K | $865K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 2 min ago | 47.56 bp | 68.8 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 15.02 bp | 116.2 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.973 | −0.019% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | 0.0000% | 8h | 39.980 | 0.000% | $2.0M | $3.8M | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.980 | 0.000% | $696K | $415K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.900 | −0.200% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDTshort | 0.0000% | 8h | 39.920 | −0.150% | $613K | $865K | 20x | |
| Variational Omni NVO | 0.0000% | 8h | 39.989 | +0.022% | $65K | $35K | — | as long as short |
| SunX NVO-USDTlong | 0.0000% | 8h | 39.980 | long leg | $1K | $1.0M | 10x | |
| HTX NVO-USDT | 0.0000% | 8h | 40.000 | +0.050% | $9K | $16K | 10x | as long as short |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.678% | $2K | $4 | 12x | as long as short |
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.960 | −0.050% | $113K | $245K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVO_USDT_Perp | +0.0419% | 8h | 40.000 | +0.050% | $671 | $226K | 10x | as long as short |
SunX NVO-USDT
Gate NVO_USDT
Aster NVOUSDT
Binance NVOUSDT
Bybit NVOUSDT
Variational Omni NVO
HTX NVO-USDT
Injective NVO/USDC PERP
KuCoin NVOUSDTM
GRVT NVO_USDT_Perp