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+0.0510%/8h= +55.8% APRpaid last 24h +0.399%
Price spread now: HTX against Bullet−0.032%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. HTX is 0.032% cheaper against Bullet than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet BNC-USD6.67310get 0.0000% / 1h50m 00s$10K$71K10x
ShortHTX BNC-USDT6.67100.0510get 0.0510% / 8h7h 50m$14K$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$107.07
Price spread: −0.032% → 0.000%
−$3.16
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
$83.91
Costs to cover
0.200%
Break-even
1.5 days
Slippage unknown: Bullet: no order-book sample; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bullet no order-book sample
Sell HTX no order-book sample
Bullet and HTX: 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%1h6.6700−0.047%$54K$40K10xas long as short
Bitget BNCUSDT0.0000%8h6.6855+0.186%$1.2M$3.3M5xas long as short
Bullet BNC-USDlong0.0000%1h6.6731long leg$10K$71K10x
KuCoin BNCUSDTM+0.0100%8h6.6840+0.163%$59K$3.0M20xas long as short
Aster BNCUSD1+0.0400%8h6.6690−0.062%$191K$23K10xas long as short
HTX BNC-USDTshort+0.0510%8h6.6710−0.032%$14K$33K10x
Bybit BNCUSDT+0.0554%8h6.6730−0.002%$588K$2.3M25xas long as short
Variational Omni BNC+0.0762%8h6.6835+0.155%$128K$114Kas long as short
Binance BNCUSDT+0.0969%8h6.6749+0.027%$15.7M$36.1M10xas long as short