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

BNC

RWAall BNC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.84 per $10,000 · paid last 24h −0.015%
Price spread now: Binance against Aster+0.107%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$770.770% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 2 days (all we have)−0.673%−$67 · spread now +0.107%, 7d avg −0.085%
Together, before fees−0.669%+ Points / potential airdropAster: Stage 5 · farm board−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.192% dearer against Aster than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNCUSD16.58080get 0.0000% / 8h2h 31m$189K$23K10x
ShortBinance BNCUSDT6.58790.0084get 0.0084% / 8h2h 31m$15.4M$36.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$17.55
Price spread: +0.107% → −0.085%
$19.2
Slippage, 4 orders
−$58.96
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$40.21
Costs to cover
0.770%
Break-even
23.0 days
Slippage from Aster: live order book, 55 min ago; Binance: live order book, 11 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 Aster live order book, 55 min ago12.13 bp21.5 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.76 bp22.6 bp −$2363.8 bp −$638421.9 bp −$42.2Kdoesn't fit

BNC on 9 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 BNCUSD1long0.0000%8h6.5808long leg$189K$23K10x
Bybit BNCUSDT0.0000%8h6.5890+0.124%$595K$2.4M25xas long as short
Bitget BNCUSDT0.0000%8h6.5946+0.209%$1.2M$3.8M5xas long as short
Variational Omni BNC0.0000%8h6.5828+0.029%$106K$57Kas long as short
Bullet BNC-USD0.0000%1h6.5908+0.151%$10K$74K10xas long as short
HTX BNC-USDT0.0000%8h6.5920+0.170%$14K$32K10xas long as short
QFEX BNC-USD+0.0080%1h6.5900+0.139%$54K$40K10xas long as short
Binance BNCUSDTshort+0.0084%8h6.5879+0.107%$15.4M$36.4M10x
KuCoin BNCUSDTM+0.0100%8h6.5970+0.246%$59K$3.0M20xas long as short