Funding you earn now, next payment 05:00 UTC+0.1562%/8h= +171.0% APRpaid last 24h −0.473%
Price spread now: Bullet against Bybit−0.104%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bullet is 0.104% cheaper against Bybit than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 5 hours of funding at the current rate (+$47 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNCUSDT | 6.2620 | −0.1562 | get 0.1562% / 8h | 3h 28m | $563K | $2.1M | 25x |
| Short | Bullet BNC-USD | 6.2555 | 0 | get 0.0000% / 1h | 28m 10s | $9K | $69K | 10x |
Bybit BNCUSDT
Bullet BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $327.92
- Price spread: −0.104% → 0.000%
- −$10.43
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $298.49
- Costs to cover
- 0.190%
- Break-even
- 0.6 days
Slippage unknown: Bybit: live order book, 4 min ago; Bullet: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 3.98 bp | 98.3 bp −$98 | 204.7 bp −$2,047 | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
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 BNCUSDT | −0.2466% | 8h | 6.2783 | +0.260% | $811K | $4.3M | 5x | as long as short |
| Bybit BNCUSDTlong | −0.1562% | 8h | 6.2620 | long leg | $563K | $2.1M | 25x | |
| Binance BNCUSDT | −0.1182% | 8h | 6.2561 | −0.094% | $13.6M | $41.6M | 10x | as long as short |
| Variational Omni BNC | −0.1071% | 8h | 6.2734 | +0.182% | $116K | $141K | — | as long as short |
| Aster BNCUSD1 | −0.0579% | 8h | 6.2710 | +0.144% | $180K | $22K | 10x | as long as short |
| HTX BNC-USDT | −0.0519% | 8h | 6.2840 | +0.351% | $14K | $27K | 10x | as long as short |
| QFEX BNC-USD | −0.0480% | 1h | 6.2700 | +0.128% | $49K | $29K | 10x | as long as short |
| KuCoin BNCUSDTM | −0.0042% | 8h | 6.2890 | +0.431% | $39K | $3.0M | 20x | as long as short |
| Bullet BNC-USDshort | 0.0000% | 1h | 6.2555 | −0.104% | $9K | $69K | 10x |
Bitget BNCUSDT
Binance BNCUSDT
Variational Omni BNC
Aster BNCUSD1
HTX BNC-USDT
QFEX BNC-USD
KuCoin BNCUSDTM