Funding you earn now, next payment 05:00 UTC+0.0719%/8h= +78.7% APRpaid last 24h −0.512%
Price spread now: Bullet against Aster−0.177%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Bullet is 0.177% cheaper against Aster than usual: you would sell low and buy high (spread −0.177% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 20 hours of funding at the current rate (+$22 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BNCUSD1 | 6.2072 | −0.0719 | get 0.0719% / 8h | 3h 01m | $178K | $22K | 10x |
| Short | Bullet BNC-USD | 6.1962 | 0 | get 0.0000% / 1h | 1m 14s | $9K | $69K | 10x |
Aster BNCUSD1
Bullet BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Aster. 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
- $150.94
- Price spread: −0.177% → 0.000%
- −$17.66
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $117.28
- Costs to cover
- 0.160%
- Break-even
- 1.6 days
Slippage unknown: Aster: live order book, 50 min ago; Bullet: 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 Aster live order book, 50 min ago | 15.21 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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.
BNC on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BNCUSDT | −0.2625% | 8h | 6.2167 | +0.154% | $788K | $4.3M | 5x | as long as short |
| Bybit BNCUSDT | −0.1423% | 8h | 6.1990 | −0.132% | $562K | $2.1M | 25x | as long as short |
| Binance BNCUSDT | −0.1329% | 8h | 6.1948 | −0.198% | $13.4M | $41.5M | 10x | as long as short |
| Variational Omni BNC | −0.1202% | 8h | 6.2059 | −0.020% | $115K | $141K | — | as long as short |
| Aster BNCUSD1long | −0.0719% | 8h | 6.2072 | long leg | $178K | $22K | 10x | |
| QFEX BNC-USD | −0.0480% | 1h | 6.2000 | −0.115% | $49K | $29K | 10x | as long as short |
| HTX BNC-USDT | −0.0348% | 8h | 6.1930 | −0.228% | $14K | $27K | 10x | as long as short |
| KuCoin BNCUSDTM | −0.0039% | 8h | 6.2040 | −0.051% | $36K | $2.9M | 20x | as long as short |
| Bullet BNC-USDshort | 0.0000% | 1h | 6.1962 | −0.177% | $9K | $69K | 10x |
Bitget BNCUSDT
Bybit BNCUSDT
Binance BNCUSDT
Variational Omni BNC
QFEX BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM