Funding you earn now, next payment 06:00 UTC−0.2477%/8h= −271.2% APRpaid last 24h −0.080%
Price spread now: Bitget against Bullet+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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. Bitget is 0.031% dearer against Bullet than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$74 a day in funding at the current rate, which eats that in about under an hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet BNC-USD | 6.2355 | 0 | get 0.0000% / 1h | 15m 44s | $9K | $69K | 10x |
| Short | Bitget BNCUSDT | 6.2374 | −0.2477 | pay 0.2477% / 8h | 2h 15m | $787K | $4.2M | 5x |
Bullet BNC-USD
Bitget BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$520.17
- Price spread: +0.031% → 0.000%
- $3.06
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$537.11
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bullet: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 6.08 bp | 42.9 bp −$43 | 133.1 bp −$1,331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BNCUSDTshort | −0.2477% | 8h | 6.2374 | +0.031% | $787K | $4.2M | 5x | |
| Binance BNCUSDT | −0.1234% | 8h | 6.2431 | +0.122% | $13.5M | $41.3M | 10x | as long as short |
| Variational Omni BNC | −0.1125% | 8h | 6.2320 | −0.057% | $116K | $141K | — | as long as short |
| Bybit BNCUSDT | −0.0941% | 8h | 6.2510 | +0.249% | $565K | $2.1M | 25x | as long as short |
| Aster BNCUSD1 | −0.0654% | 8h | 6.2559 | +0.327% | $179K | $22K | 10x | as long as short |
| QFEX BNC-USD | −0.0022% | 1h | 6.2400 | +0.072% | $49K | $13K | 10x | as long as short |
| Bullet BNC-USDlong | 0.0000% | 1h | 6.2355 | long leg | $9K | $69K | 10x | |
| HTX BNC-USDT | 0.0000% | 8h | 6.2460 | +0.168% | $14K | $27K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0013% | 8h | 6.2320 | −0.056% | $40K | $3.0M | 20x | as long as short |
Binance BNCUSDT
Variational Omni BNC
Bybit BNCUSDT
Aster BNCUSD1
QFEX BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM