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+0.0629%/8h= +68.9% APRnext payment +$6.29 per $10,000 · paid last 24h +0.141%
Price spread now: Variational Omni against HTX+0.092%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Variational Omni is 0.092% dearer against HTX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNC-USDT6.43400get 0.0000% / 8h6h 26m$14K$32K10x
ShortVariational Omni BNC6.43990.0629get 0.0629% / 8h6h 26m$104K$133K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$132.13
Price spread: +0.092% → 0.000%
$9.23
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$129.36
Costs to cover
0.120%
Break-even
0.1 days
Slippage unknown: HTX: no order-book sample; Variational Omni: RFQ quote, 43 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 Variational Omni RFQ quote, 43 min ago4.22 bpdoesn't fit64.3 bp −$643doesn'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−0.0706%8h6.4522+0.283%$1.1M$3.2M5xas long as short
Bybit BNCUSDT0.0000%8h6.4450+0.171%$584K$2.0M25xas long as short
Bullet BNC-USD0.0000%1h6.4411+0.110%$10K$69K10xas long as short
HTX BNC-USDTlong0.0000%8h6.4340long leg$14K$32K10x
QFEX BNC-USD+0.0008%1h6.4300−0.062%$52K$40K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.4570+0.357%$47K$3.0M20xas long as short
Aster BNCUSD1+0.0355%8h6.4652+0.485%$185K$22K10xas long as short
Variational Omni BNCshort+0.0629%8h6.4399+0.092%$104K$133K
Binance BNCUSDT+0.0797%8h6.4360+0.031%$15.0M$34.2M10xas long as short