Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.6330 | −0.1394 | get 0.1394% / 8h | 7h 45m | $910K | $737K | — | Long BingX | |
| SHORT | 4.6320 | +0.0491 | get 0.0491% / 8h | 7h 45m | $436K | $518K | 25x | Short Bybit |
Price gap−0.022%
Funding gap+0.1885% /8h
Funding trade: +$57 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$120+0.1885% /8h now · paid −1.200% over the last 7D
Price+$1spread −0.022% now, avg −0.027% → +0.006% if it goes back
Costs−$1801.799% of $10k · taker + slippage, in and out
Result−$299−2.99%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −1.200% in total, about −0.0571%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.022%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBNC on 11 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size27.7 / 71.4 bpAt $10k entering Bybit costs 71.4 bp, fee and slippage, 2.6× BingX’s.
- Note: Margin at max leverage— + $400BingX —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$56.55Long BingX: 3 payments, +$41.82; short Bybit: 3 payments, +$14.73.
- Note: Gap at its usual level−0.022% vs −0.027%The price leg adds little either way.
- Watch: Short leg is thinner$436K vs $910K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Bybit YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0571%/8h × 21 periods−$119.96
Price spread−0.022% → −0.027% (7d avg)+$0.59
Slippage, 4 orderslive order books−$158.90
Fee BingX bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$299.27
Costs to cover1.799%Break-evennever at this rate
Slippage: BingX: live order book, 15 min ago; Bybit: live order book, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.2627.7 bp−$2886.9 bp−$869doesn’t fitdoesn’t fit
SELL · SHORTBybit9.8371.4 bp−$71288.2 bp−$2,882doesn’t fitdoesn’t fit
Closing costs about the same again.
BNC news
posts that mention BNC, from every exchange| 09-23 15:32 | Aster | Points | Epoch 3 is a wrap. Did you show up? Epoch 4 is now live with more hot markets: $MOONSHOT, $POLYMARKET, $BNC, $OURA and more. Trade for USD1 rewards and hold positions for $WLFI rewards. Make your moves. @Aster_DEX on X ↗ |
| 09-18 14:20 | Aster | Listing | New RWA perp listing: $BNC (CEA Industries Inc) with up to 10x leverage. @Aster_DEX on X ↗ |


Aster