Funding you earn now, next payment 09:00 UTC−0.0822%/8h= −90.0% APRpaid last 24h +0.020%
Price spread now: Binance against Bullet+0.044%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Binance is 0.044% dearer against Bullet than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet BNC-USD | 6.3462 | 0 | get 0.0000% / 1h | 47m 49s | $9K | $22K | 10x |
| Short | Binance BNCUSDT | 6.3490 | −0.0822 | pay 0.0822% / 8h | 7h 47m | $13.7M | $36.9M | 10x |
Bullet BNC-USD
Binance BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bullet. 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
- −$172.57
- Price spread: +0.044% → 0.000%
- $4.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$186.18
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; Binance: live order book, 9 min ago. 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 Bullet no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.80 bp | 19.4 bp −$19 | 52.4 bp −$524 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNCUSDTshort | −0.0822% | 8h | 6.3490 | +0.044% | $13.7M | $36.9M | 10x | |
| Variational Omni BNC | −0.0717% | 8h | 6.3275 | −0.296% | $118K | $141K | — | as long as short |
| Aster BNCUSD1 | −0.0483% | 8h | 6.3501 | +0.061% | $182K | $21K | 10x | as long as short |
| QFEX BNC-USD | −0.0240% | 1h | 6.3400 | −0.098% | $50K | $13K | 10x | as long as short |
| Bitget BNCUSDT | −0.0212% | 8h | 6.3611 | +0.235% | $817K | $3.7M | 5x | as long as short |
| Bullet BNC-USDlong | 0.0000% | 1h | 6.3462 | long leg | $9K | $22K | 10x | |
| HTX BNC-USDT | 0.0000% | 8h | 6.3390 | −0.114% | $14K | $26K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.3500 | +0.060% | $45K | $3.0M | 20x | as long as short |
| Bybit BNCUSDT | +0.1042% | 8h | 6.3440 | −0.035% | $562K | $1.6M | 25x | as long as short |
Variational Omni BNC
Aster BNCUSD1
QFEX BNC-USD
Bitget BNCUSDT
HTX BNC-USDT
KuCoin BNCUSDTM
Bybit BNCUSDT