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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h −0.365%
Price spread now: Bullet against HTX−0.106%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bullet is 0.106% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNC-USDT6.59100.0143pay 0.0143% / 8h1h 25m$14K$32K10x
ShortBullet BNC-USD6.58400get 0.0000% / 1h25m 16s$10K$74K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against HTX. 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
−$30.12
Price spread: −0.106% → 0.000%
−$10.63
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$60.75
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Bullet no order-book sample
HTX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BNC-USD−0.0018%1h6.5800−0.167%$53K$40K10xas long as short
Bybit BNCUSDT0.0000%8h6.5880−0.046%$593K$2.4M25xas long as short
Bitget BNCUSDT0.0000%8h6.5924+0.021%$1.2M$3.7M5xas long as short
Bullet BNC-USDshort0.0000%1h6.5840−0.106%$10K$74K10x
KuCoin BNCUSDTM+0.0100%8h6.5980+0.106%$56K$3.0M20xas long as short
Aster BNCUSD1+0.0122%8h6.5864−0.070%$189K$23K10xas long as short
HTX BNC-USDTlong+0.0143%8h6.5910long leg$14K$32K10x
Variational Omni BNC+0.0455%8h6.5862−0.073%$86K$74Kas long as short
Binance BNCUSDT+0.0600%8h6.5847−0.095%$15.4M$36.7M10xas long as short