Funding you earn now, next payment 23:00 UTC−0.0628%/8h= −68.7% APRpaid last 24h −0.470%
Price spread now: Bullet against Binance+0.005%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BNCUSDT | 6.5880 | 0.0628 | pay 0.0628% / 8h | 1h 20m | $15.4M | $36.6M | 10x |
| Short | Bullet BNC-USD | 6.5883 | 0 | get 0.0000% / 1h | 20m 16s | $10K | $74K | 10x |
Binance BNCUSDT
Bullet BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Binance. 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
- −$131.79
- Price spread: +0.005% → 0.000%
- $0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$149.33
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago | 1.52 bp | 21.6 bp −$22 | 66.3 bp −$663 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USD | −0.0018% | 1h | 6.6000 | +0.182% | $54K | $40K | 10x | as long as short |
| Bybit BNCUSDT | 0.0000% | 8h | 6.5980 | +0.152% | $592K | $2.4M | 25x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.5969 | +0.135% | $1.2M | $3.7M | 5x | as long as short |
| Bullet BNC-USDshort | 0.0000% | 1h | 6.5883 | +0.005% | $10K | $74K | 10x | |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.6030 | +0.228% | $57K | $3.0M | 20x | as long as short |
| Aster BNCUSD1 | +0.0133% | 8h | 6.5960 | +0.121% | $189K | $23K | 10x | as long as short |
| HTX BNC-USDT | +0.0151% | 8h | 6.5990 | +0.167% | $14K | $32K | 10x | as long as short |
| Variational Omni BNC | +0.0479% | 8h | 6.5932 | +0.079% | $87K | $74K | — | as long as short |
| Binance BNCUSDTlong | +0.0628% | 8h | 6.5880 | long leg | $15.4M | $36.6M | 10x |
QFEX BNC-USD
Bybit BNCUSDT
Bitget BNCUSDT
KuCoin BNCUSDTM
Aster BNCUSD1
HTX BNC-USDT
Variational Omni BNC