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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0472%/8h= +51.7% APRpaid last 24h +0.523%
Price spread now: Aster against Bullet+0.046%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Aster is 0.046% dearer against Bullet than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet BNC-USD6.64790get 0.0000% / 1h10m 27s$10K$69K10x
ShortAster BNCUSD16.65100.0472get 0.0472% / 8h7h 10m$191K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bullet. 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
$99.17
Price spread: +0.046% → 0.000%
$4.61
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$87.78
Costs to cover
0.160%
Break-even
0.8 days
Slippage unknown: Bullet: no order-book sample; Aster: live order book, 61 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 Bullet no order-book sample
Sell Aster live order book, 61 min ago10.52 bp16.9 bp −$17doesn't fitdoesn't fitdoesn't fit
Bullet: 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
QFEX BNC-USD−0.0013%1h6.6400−0.119%$54K$40K10xas long as short
Bitget BNCUSDT0.0000%8h6.6592+0.170%$1.2M$3.2M5xas long as short
Bullet BNC-USDlong0.0000%1h6.6479long leg$10K$69K10x
HTX BNC-USDT+0.0013%8h6.6530+0.077%$14K$33K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.6600+0.182%$57K$3.0M20xas long as short
Aster BNCUSD1short+0.0472%8h6.6510+0.046%$191K$22K10x
Bybit BNCUSDT+0.0522%8h6.6470−0.014%$586K$2.1M25xas long as short
Variational Omni BNC+0.0830%8h6.6449−0.045%$128K$114Kas long as short
Binance BNCUSDT+0.1030%8h6.6490+0.017%$15.6M$34.1M10xas long as short