Funding you earn now, next payment 08:00 UTC−0.0289%/8h= −31.6% APRnext payment −$2.89 per $10,000 · paid last 24h −0.156%
Price spread now: KuCoin against Aster+0.225%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2882.879% of the position
Funding, last 4 days (all we have)−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.225%, 7d avg +0.140%
=Together, before fees−0.296%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.086% dearer against Aster than usual: you sell high and buy low (spread +0.225% now, against its 7-day average of +0.140%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 4 days (−0.124% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BNCUSD1 | 6.6620 | 0.0389 | pay 0.0389% / 8h | 7h 53m | $191K | $23K | 10x |
| Short | KuCoin BNCUSDTM | 6.6770 | 0.0100 | get 0.0100% / 8h | 7h 53m | $58K | $3.0M | 20x |
Aster BNCUSD1
KuCoin BNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$60.66
- Price spread: +0.225% → +0.140%
- $8.57
- Slippage, 4 orders
- −$267.95
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$340.04
- Costs to cover
- 2.879%
- Break-even
- never at this rate
Slippage from Aster: live order book, 17 min ago; KuCoin: live order book, 3 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 Aster live order book, 17 min ago | 10.52 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 17.22 bp | 134.0 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USD | −0.0013% | 1h | 6.6800 | +0.270% | $54K | $40K | 10x | as long as short |
| Bybit BNCUSDT | 0.0000% | 8h | 6.6660 | +0.060% | $587K | $2.3M | 25x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.6693 | +0.110% | $1.2M | $3.3M | 5x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.6622 | +0.003% | $10K | $71K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.6650 | +0.045% | $14K | $32K | 10x | as long as short |
| KuCoin BNCUSDTMshort | +0.0100% | 8h | 6.6770 | +0.225% | $58K | $3.0M | 20x | |
| Aster BNCUSD1long | +0.0389% | 8h | 6.6620 | long leg | $191K | $23K | 10x | |
| Variational Omni BNC | +0.0762% | 8h | 6.6631 | +0.017% | $128K | $114K | — | as long as short |
| Binance BNCUSDT | +0.0947% | 8h | 6.6621 | +0.002% | $15.7M | $36.3M | 10x | as long as short |
QFEX BNC-USD
Bybit BNCUSDT
Bitget BNCUSDT
Bullet BNC-USD
HTX BNC-USDT
Variational Omni BNC
Binance BNCUSDT