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

BNC

RWAall BNC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0348%/8h= +38.1% APRnext payment +$3.48 per $10,000 · paid last 24h +0.543%
Price spread now: Variational Omni against Bitget−0.198%7-day average −0.020% · 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)+0.675%+$68 on $10k
Price spread, last 3 days (all we have)−0.110%−$11 · spread now −0.198%, 7d avg −0.020%
Together, before fees+0.566%+ Points / potential airdropVariational Omni: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.177% cheaper against Bitget than usual: you would sell low and buy high (spread −0.198% now, against its 7-day average of −0.020%). If the spread goes back, that is −$18 on $10k: about 41 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNCUSDT6.60980get 0.0000% / 8h1h 37m$1.2M$3.8M5x
ShortVariational Omni BNC6.59670.0348get 0.0348% / 8h1h 37m$86K$74K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
$73.16
Price spread: −0.198% → −0.020%
−$17.72
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$43.44
Costs to cover
0.120%
Break-even
2.8 days
Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 47 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 Bitget live order book, 1 min ago4.16 bp21.8 bp −$2275.2 bp −$752188.7 bp −$18.9Kdoesn't fit
Sell Variational Omni RFQ quote, 47 min ago3.02 bpdoesn't fit76.4 bp −$764doesn'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
QFEX BNC-USD−0.0018%1h6.6200+0.154%$54K$40K10xas long as short
Bybit BNCUSDT0.0000%8h6.6070−0.042%$597K$2.4M25xas long as short
Bitget BNCUSDTlong0.0000%8h6.6098long leg$1.2M$3.8M5x
Bullet BNC-USD0.0000%1h6.6006−0.139%$10K$74K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.6150+0.079%$57K$3.0M20xas long as short
Aster BNCUSD1+0.0104%8h6.6133+0.053%$190K$23K10xas long as short
HTX BNC-USDT+0.0106%8h6.6050−0.073%$14K$32K10xas long as short
Variational Omni BNCshort+0.0348%8h6.5967−0.198%$86K$74K
Binance BNCUSDT+0.0530%8h6.5974−0.188%$15.4M$36.6M10xas long as short