Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h −0.008%
Price spread now: Variational Omni against Bybit−0.155%7-day average −0.055% · 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)+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)−0.252%−$25 · spread now −0.155%, 7d avg −0.055%
=Together, before fees−0.209%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.100% cheaper against Bybit than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.055%). If the spread goes back, that is −$10 on $10k: about 8.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNCUSDT | 6.6040 | 0 | get 0.0000% / 8h | 2h 21m | $595K | $2.4M | 25x |
| Short | Variational Omni BNC | 6.5938 | 0.0041 | get 0.0041% / 8h | 2h 21m | $106K | $57K | — |
Bybit BNCUSDT
Variational Omni BNCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $8.63
- Price spread: −0.155% → −0.055%
- −$9.98
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$12.36
- Costs to cover
- 0.110%
- Break-even
- 17.0 days
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 3 min ago. 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, 1 min ago | 5.30 bp | 64.0 bp −$64 | 183.1 bp −$1,831 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.02 bp | doesn't fit | 76.4 bp −$764 | doesn't fit | 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 | 6.5855 | −0.281% | $189K | $23K | 10x | as long as short |
| Bybit BNCUSDTlong | 0.0000% | 8h | 6.6040 | long leg | $595K | $2.4M | 25x | |
| Bitget BNCUSDT | 0.0000% | 8h | 6.6047 | +0.011% | $1.2M | $3.8M | 5x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.5985 | −0.083% | $10K | $74K | 10x | as long as short |
| HTX BNC-USDT | +0.0040% | 8h | 6.6040 | 0.000% | $14K | $32K | 10x | as long as short |
| Variational Omni BNCshort | +0.0041% | 8h | 6.5938 | −0.155% | $106K | $57K | — | |
| QFEX BNC-USD | +0.0080% | 1h | 6.6000 | −0.061% | $54K | $40K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.6060 | +0.030% | $59K | $3.0M | 20x | as long as short |
| Binance BNCUSDT | +0.0190% | 8h | 6.6000 | −0.061% | $15.4M | $36.4M | 10x | as long as short |
Aster BNCUSD1
Bitget BNCUSDT
Bullet BNC-USD
HTX BNC-USDT
QFEX BNC-USD
KuCoin BNCUSDTM
Binance BNCUSDT