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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0142%/8h= −15.6% APRnext payment $1.42 per $10,000 · paid last 24h −0.025%
Price spread now: Variational Omni against Binance+0.067%7-day average +0.043% · you sell dearer than you buy
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)−0.030%−$3 on $10k
Price spread, last 2 days (all we have)+0.057%+$6 · spread now +0.067%, 7d avg +0.043%
Together, before fees+0.027%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.024% dearer against Binance than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.043%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 3 days (−0.030% in total) that is about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNCUSDT6.43560.0772pay 0.0772% / 8h6h 24m$15.0M$34.2M10x
ShortVariational Omni BNC6.43990.0629get 0.0629% / 8h6h 24m$104K$133K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$29.88
Price spread: +0.067% → +0.043%
$2.41
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.47
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 45 min ago. 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, 3 min ago1.55 bp14.8 bp −$1555.4 bp −$554doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 45 min ago4.22 bpdoesn't fit64.3 bp −$643doesn't fitdoesn'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
Bitget BNCUSDT−0.0811%8h6.4448+0.143%$1.1M$3.2M5xas long as short
Bybit BNCUSDT0.0000%8h6.4420+0.099%$583K$2.0M25xas long as short
Bullet BNC-USD0.0000%1h6.4353−0.005%$10K$69K10xas long as short
HTX BNC-USDT0.0000%8h6.4340−0.025%$14K$32K10xas long as short
QFEX BNC-USD+0.0008%1h6.4400+0.068%$52K$40K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.4530+0.270%$47K$3.0M20xas long as short
Aster BNCUSD1+0.0302%8h6.4618+0.407%$185K$22K10xas long as short
Variational Omni BNCshort+0.0629%8h6.4399+0.067%$104K$133K
Binance BNCUSDTlong+0.0772%8h6.4356long leg$15.0M$34.2M10x