Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.552%
Price spread now: Bitget against Bybit+0.161%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2222.222% of the position
Funding, last 7 days−0.472%−$47 on $10k
+Price spread, last 7 days−0.176%−$18 · spread now +0.161%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.152% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNCUSDT | 6.5870 | 0 | get 0.0000% / 8h | 2h 26m | $594K | $2.4M | 25x |
| Short | Bitget BNCUSDT | 6.5976 | 0 | get 0.0000% / 8h | 2h 26m | $1.2M | $3.8M | 5x |
Bybit BNCUSDT
Bitget BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $0
- Price spread: +0.161% → +0.009%
- $15.19
- Slippage, 4 orders
- −$199.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$207.02
- Costs to cover
- 2.222%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 1 min ago.
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 Bybit live order book, 1 min ago | 3.03 bp | 71.9 bp −$72 | 211.2 bp −$2,112 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.26 bp | 21.6 bp −$22 | 75.2 bp −$752 | 183.2 bp −$18.3K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BNCUSD1 | 0.0000% | 8h | 6.5837 | −0.050% | $189K | $23K | 10x | as long as short |
| Bybit BNCUSDTlong | 0.0000% | 8h | 6.5870 | long leg | $594K | $2.4M | 25x | |
| Bitget BNCUSDTshort | 0.0000% | 8h | 6.5976 | +0.161% | $1.2M | $3.8M | 5x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.5940 | +0.106% | $10K | $74K | 10x | as long as short |
| Variational Omni BNC | 0.0000% | 8h | 6.5892 | +0.033% | $106K | $57K | — | as long as short |
| HTX BNC-USDT | +0.0002% | 8h | 6.5850 | −0.030% | $14K | $32K | 10x | as long as short |
| QFEX BNC-USD | +0.0080% | 1h | 6.5900 | +0.046% | $54K | $40K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.5990 | +0.182% | $59K | $3.0M | 20x | as long as short |
| Binance BNCUSDT | +0.0127% | 8h | 6.5930 | +0.091% | $15.4M | $36.4M | 10x | as long as short |
Aster BNCUSD1
Bullet BNC-USD
Variational Omni BNC
HTX BNC-USDT
QFEX BNC-USD
KuCoin BNCUSDTM
Binance BNCUSDT