Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.6460 | +0.0382 | pay 0.0382% / 8h | 7h 39m | $435K | $519K | 25x | Long Bybit | |
| SHORT | 4.6420 | −0.1120 | pay 0.1120% / 8h | 7h 39m | $910K | $738K | — | Short BingX |
Price gap−0.086%
Funding gap−0.1502% /8h
Both sides work against this direction now: funding costs $45 a day on $10k and the gap is 0.114% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$120−0.1502% /8h now · paid +1.200% over the last 7D
Price−$11spread −0.086% now, avg +0.027% → −0.114% if it goes back
Costs−$1801.799% of $10k · taker + slippage, in and out
Result−$71−0.71%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.086%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBNC on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size55.1 / 25.7 bpAt $10k entering Bybit costs 55.1 bp, fee and slippage, 2.1× BingX’s.
- Note: Margin at max leverage$400 + —Bybit 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$45.05Long Bybit: 3 payments, −$11.45; short BingX: 3 payments, −$33.60.
- Watch: Gap narrower than usual−0.086% vs +0.027%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$435K vs $910K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · BingX YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0571%/8h × 21 periods+$119.96
Price spread−0.086% → +0.027% (7d avg)−$11.36
Slippage, 4 orderslive order books−$158.90
Fee Bybit bp × 2 orders−$11.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$71.30
Costs to cover1.799%Break-even11.2 days
Slippage: Bybit: live order book, 33 min ago; BingX: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit9.8355.1 bp−$55293.1 bp−$2,931doesn’t fitdoesn’t fit
SELL · SHORTBingX3.2625.7 bp−$2684.3 bp−$843doesn’t fitdoesn’t fit
Closing costs about the same again.
BNC news
posts that mention BNC, from every exchange| 09-23 15:32 | Aster | Points | Epoch 3 is a wrap. Did you show up? Epoch 4 is now live with more hot markets: $MOONSHOT, $POLYMARKET, $BNC, $OURA and more. Trade for USD1 rewards and hold positions for $WLFI rewards. Make your moves. @Aster_DEX on X ↗ |
| 09-18 14:20 | Aster | Listing | New RWA perp listing: $BNC (CEA Industries Inc) with up to 10x leverage. @Aster_DEX on X ↗ |
Aster