Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.329%
Price spread now: Bullet against KuCoin+0.075%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bullet is 0.075% dearer against KuCoin than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BNCUSDTM | 6.6800 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $58K | $3.0M | 20x |
| Short | Bullet BNC-USD | 6.6850 | 0 | get 0.0000% / 1h | 52m 25s | $10K | $71K | 10x |
KuCoin BNCUSDTM
Bullet BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- −$21
- Price spread: +0.075% → 0.000%
- $7.47
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$33.53
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 17.22 bp | 111.2 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USD | −0.0013% | 1h | 6.6800 | 0.000% | $54K | $40K | 10x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.6914 | +0.171% | $1.2M | $3.3M | 5x | as long as short |
| Bullet BNC-USDshort | 0.0000% | 1h | 6.6850 | +0.075% | $10K | $71K | 10x | |
| HTX BNC-USDT | 0.0000% | 8h | 6.6710 | −0.135% | $14K | $33K | 10x | as long as short |
| Bybit BNCUSDT | +0.0058% | 8h | 6.6750 | −0.075% | $588K | $2.3M | 25x | as long as short |
| KuCoin BNCUSDTMlong | +0.0100% | 8h | 6.6800 | long leg | $58K | $3.0M | 20x | |
| Aster BNCUSD1 | +0.0389% | 8h | 6.6660 | −0.209% | $191K | $23K | 10x | as long as short |
| Variational Omni BNC | +0.0762% | 8h | 6.6631 | −0.253% | $128K | $114K | — | as long as short |
| Binance BNCUSDT | +0.0945% | 8h | 6.6768 | −0.048% | $15.7M | $36.2M | 10x | as long as short |
QFEX BNC-USD
Bitget BNCUSDT
HTX BNC-USDT
Bybit BNCUSDT
Aster BNCUSD1
Variational Omni BNC
Binance BNCUSDT