Funding you earn now, next payment 09:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.038%
Price spread now: QFEX against Bitget−0.295%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding pays, the price is against you. QFEX is 0.295% cheaper against Bitget than usual: you would sell low and buy high (spread −0.295% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$30 on $10k: about 8.3 days of funding at the current rate (+$4 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNCUSDT | 6.3387 | −0.0358 | get 0.0358% / 8h | 7h 50m | $809K | $3.7M | 5x |
| Short | QFEX BNC-USD | 6.3200 | −0.0240 | pay 0.0030% / 1h | 50m 45s | $50K | $13K | 10x |
Bitget BNCUSDT
QFEX BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- $24.78
- Price spread: −0.295% → 0.000%
- −$29.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$26.72
- Costs to cover
- 0.220%
- Break-even
- 14.5 days
Slippage unknown: Bitget: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 6.55 bp | 31.1 bp −$31 | 36.6 bp −$366 | 87.3 bp −$8,725 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNCUSDT | −0.0834% | 8h | 6.3220 | −0.263% | $13.6M | $36.9M | 10x | as long as short |
| Variational Omni BNC | −0.0717% | 8h | 6.3275 | −0.177% | $118K | $141K | — | as long as short |
| Aster BNCUSD1 | −0.0495% | 8h | 6.3135 | −0.397% | $181K | $21K | 10x | as long as short |
| Bitget BNCUSDTlong | −0.0358% | 8h | 6.3387 | long leg | $809K | $3.7M | 5x | |
| QFEX BNC-USDshort | −0.0240% | 1h | 6.3200 | −0.295% | $50K | $13K | 10x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.3254 | −0.210% | $9K | $22K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.3140 | −0.390% | $14K | $27K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.3270 | −0.185% | $45K | $2.9M | 20x | as long as short |
| Bybit BNCUSDT | +0.0424% | 8h | 6.3200 | −0.295% | $561K | $1.7M | 25x | as long as short |
Binance BNCUSDT
Variational Omni BNC
Aster BNCUSD1
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM
Bybit BNCUSDT