Spread before costs (cost unknown: a leg has no order-book sample)+5.888%
7d average—if it closes, per $10,000$589funding while held, a day+$0.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NVO | 39.901 | 0.0012 | pay 0.0012% / 8h | 4h 54m | $51K | $18K | — |
| Short | Injective NVO/USDC PERP | 42.250 | 0.0033 | get 0.0004% / 1h | 54m 14s | $2K | $4 | 12x |
Variational Omni NVO
Injective NVO/USDC PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $588.81
- Funding while held
- $0.64
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $589.43
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0021%
- Per $10,000 a day
- +$0.64
- Average in range /8h
- —
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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Variational Omni and 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 price on every exchange
against the cheapest. Click to use as the short leg.QFEX39.840cheapestKuCoin39.850+0.025%SunX39.860+0.050%Aster39.877+0.093%Binance39.880+0.100%Bybit39.890+0.126%Gate39.890+0.126%
QFEX
KuCoin
SunX
Aster
Binance
Bybit
GateVariational Omni39.901+0.152%
HTX39.980+0.351%
HTXInjective42.250+6.049%
NVO on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX NVO-USD | −0.152% | 0.0000% | 1h | $1.1M | $1.6M | 10x | as long as short |
| KuCoin NVOUSDTM | −0.127% | +0.0100% | 8h | $112K | $247K | 10x | as long as short |
| SunX NVO-USDT | −0.102% | 0.0000% | 8h | $1K | $1.1M | 10x | as long as short |
| Aster NVOUSDT | −0.059% | 0.0000% | 8h | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | −0.052% | +0.0044% | 8h | $2.0M | $3.8M | 20x | as long as short |
| Bybit NVOUSDT | −0.027% | 0.0000% | 8h | $707K | $417K | 25x | as long as short |
| Gate NVO_USDT | −0.027% | 0.0000% | 8h | $620K | $888K | 20x | as long as short |
| Variational Omni NVOlong | 0.000% | +0.0012% | 8h | $51K | $18K | — | |
| HTX NVO-USDT | +0.199% | 0.0000% | 8h | $9K | $15K | 10x | as long as short |
| Injective NVO/USDC PERPshort | +5.888% | +0.0033% | 1h | $2K | $4 | 12x |