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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Aster against Bybit−0.130%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$1991.986% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.130%, 7d avg −0.040%
Together, before fees+0.269%+ Points / potential airdropAster: Stage 5 · farm board+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.090% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BNCUSDT6.59200get 0.0000% / 8h2h 28m$595K$2.4M25x
ShortAster BNCUSD16.58340get 0.0000% / 8h2h 28m$189K$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$0
Price spread: −0.130% → −0.040%
−$9.02
Slippage, 4 orders
−$179.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$207.64
Costs to cover
1.986%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Aster: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago3.79 bp66.8 bp −$67206.0 bp −$2,060doesn't fitdoesn't fit
Sell Aster live order book, 58 min ago12.13 bp18.7 bp −$19doesn't fitdoesn'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
Aster BNCUSD1short0.0000%8h6.5834−0.130%$189K$23K10x
Bybit BNCUSDTlong0.0000%8h6.5920long leg$595K$2.4M25x
Bitget BNCUSDT0.0000%8h6.5960+0.061%$1.2M$3.8M5xas long as short
Bullet BNC-USD0.0000%1h6.5919−0.002%$10K$74K10xas long as short
HTX BNC-USDT0.0000%8h6.5850−0.106%$14K$32K10xas long as short
Variational Omni BNC0.0000%8h6.5892−0.042%$106K$57Kas long as short
QFEX BNC-USD+0.0080%1h6.5900−0.030%$54K$40K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.5970+0.076%$59K$3.0M20xas long as short
Binance BNCUSDT+0.0111%8h6.5930+0.015%$15.4M$36.4M10xas long as short