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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0427%/8h= −46.8% APRpaid last 24h −0.478%
Price spread now: QFEX against Binance−0.014%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNCUSDT6.37090.0435pay 0.0435% / 8h6h 00m$14.7M$34.1M10x
ShortQFEX BNC-USD6.37000.0008get 0.0001% / 1h0m 11s$52K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Binance. 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
−$89.7
Price spread: −0.014% → 0.000%
−$1.45
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$111.15
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 11 min ago; QFEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago1.56 bp21.5 bp −$2267.6 bp −$676doesn't fitdoesn't fit
Sell QFEX no order-book sample
QFEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BNCUSDT−0.1832%8h6.3746+0.058%$1.1M$3.2M5xas long as short
Bybit BNCUSDT0.0000%8h6.3710+0.001%$580K$2.0M25xas long as short
Bullet BNC-USD0.0000%1h6.3636−0.115%$9K$69K10xas long as short
HTX BNC-USDT0.0000%8h6.3980+0.425%$14K$32K10xas long as short
QFEX BNC-USDshort+0.0008%1h6.3700−0.014%$52K$40K10x
KuCoin BNCUSDTM+0.0100%8h6.3700−0.014%$46K$3.0M20xas long as short
Aster BNCUSD1+0.0181%8h6.3932+0.350%$183K$22K10xas long as short
Variational Omni BNC+0.0303%8h6.3639−0.110%$103K$133Kas long as short
Binance BNCUSDTlong+0.0435%8h6.3709long leg$14.7M$34.1M10x