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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0723%/8h= +79.1% APRnext payment +$7.23 per $10,000 · paid last 24h −0.071%
Price spread now: KuCoin against HTX−0.032%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.032% cheaper against HTX than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$22 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNC-USDT6.2660−0.0783get 0.0783% / 8h3h 46m$14K$27K10x
ShortKuCoin BNCUSDTM6.2640−0.0060pay 0.0060% / 8h3h 46m$39K$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$151.73
Price spread: −0.032% → 0.000%
−$3.19
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$124.53
Costs to cover
0.240%
Break-even
1.3 days
Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 5 min ago. 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 KuCoin live order book, 5 min ago15.95 bp159.8 bp −$160doesn't fitdoesn't fitdoesn't fit
HTX: 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
Bitget BNCUSDT−0.2641%8h6.2801+0.225%$812K$4.3M5xas long as short
Bybit BNCUSDT−0.1940%8h6.26600.000%$562K$2.2M25xas long as short
Binance BNCUSDT−0.1239%8h6.2600−0.096%$13.6M$41.9M10xas long as short
Variational Omni BNC−0.1096%8h6.2434−0.361%$116K$142Kas long as short
HTX BNC-USDTlong−0.0783%8h6.2660long leg$14K$27K10x
Aster BNCUSD1−0.0601%8h6.2536−0.197%$179K$22K10xas long as short
QFEX BNC-USD−0.0480%1h6.2700+0.064%$49K$30K10xas long as short
KuCoin BNCUSDTMshort−0.0060%8h6.2640−0.032%$39K$3.0M20x
Bullet BNC-USD0.0000%1h6.2675+0.025%$9K$69K10xas long as short