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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.045%
Price spread now: QFEX against HTX−0.063%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 4 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 −$7 a day on $10k at the current rate, and QFEX is 0.063% cheaper against HTX than usual: you would sell low and buy high (−$6 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-USDT6.38400get 0.0000% / 8h7h 01m$14K$20K10x
ShortQFEX BNC-USD6.3800−0.0240pay 0.0030% / 1h1m 26s$50K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$50.4
Price spread: −0.063% → 0.000%
−$6.27
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$78.67
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; QFEX: 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 QFEX no order-book sample
HTX and QFEX: 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
Binance BNCUSDT−0.0698%8h6.3800−0.063%$13.9M$35.2M10xas long as short
Variational Omni BNC−0.0599%8h6.3779−0.095%$119K$141Kas long as short
Aster BNCUSD1−0.0396%8h6.3786−0.085%$183K$21K10xas long as short
QFEX BNC-USDshort−0.0240%1h6.3800−0.063%$50K$12K10x
Bybit BNCUSDT0.0000%8h6.3880+0.063%$556K$1.5M25xas long as short
Bitget BNCUSDT0.0000%8h6.3918+0.122%$855K$3.3M5xas long as short
Bullet BNC-USD0.0000%1h6.3799−0.064%$9K$20K10xas long as short
HTX BNC-USDTlong0.0000%8h6.3840long leg$14K$20K10x
KuCoin BNCUSDTM+0.0100%8h6.38400.000%$50K$3.0M20xas long as short