Funding you earn now, next payment 08:00 UTC+0.0289%/8h= +31.6% APRnext payment +$2.89 per $10,000 · paid last 24h +0.156%
Price spread now: Aster against KuCoin−0.175%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2882.879% of the position
Funding, last 4 days (all we have)+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.175%, 7d avg −0.140%
=Together, before fees+0.245%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of −0.140%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.124% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BNCUSDTM | 6.6790 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $58K | $3.0M | 20x |
| Short | Aster BNCUSD1 | 6.6673 | 0.0389 | get 0.0389% / 8h | 7h 54m | $191K | $23K | 10x |
KuCoin BNCUSDTM
Aster BNCUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- $60.66
- Price spread: −0.175% → −0.140%
- −$3.48
- Slippage, 4 orders
- −$267.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$230.77
- Costs to cover
- 2.879%
- Break-even
- 33.6 days
Slippage from KuCoin: live order book, 3 min ago; Aster: live order book, 17 min ago.
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 KuCoin live order book, 3 min ago | 17.22 bp | 111.2 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 17 min ago | 10.52 bp | 16.9 bp −$17 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USD | −0.0013% | 1h | 6.6800 | +0.015% | $54K | $40K | 10x | as long as short |
| Bybit BNCUSDT | 0.0000% | 8h | 6.6660 | −0.195% | $587K | $2.3M | 25x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.6693 | −0.145% | $1.2M | $3.3M | 5x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.6622 | −0.252% | $10K | $71K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.6650 | −0.210% | $14K | $32K | 10x | as long as short |
| KuCoin BNCUSDTMlong | +0.0100% | 8h | 6.6790 | long leg | $58K | $3.0M | 20x | |
| Aster BNCUSD1short | +0.0389% | 8h | 6.6673 | −0.175% | $191K | $23K | 10x | |
| Variational Omni BNC | +0.0762% | 8h | 6.6631 | −0.238% | $128K | $114K | — | as long as short |
| Binance BNCUSDT | +0.0947% | 8h | 6.6618 | −0.257% | $15.7M | $36.3M | 10x | as long as short |
QFEX BNC-USD
Bybit BNCUSDT
Bitget BNCUSDT
Bullet BNC-USD
HTX BNC-USDT
Variational Omni BNC
Binance BNCUSDT