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−0.0423%/8h= −46.3% APRnext payment $4.23 per $10,000 · paid last 24h +0.071%
Price spread now: HTX against KuCoin+0.080%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.080% dearer against KuCoin than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNCUSDTM6.2490−0.0050get 0.0050% / 8h3h 14m$38K$3.0M20x
ShortHTX BNC-USDT6.2540−0.0473pay 0.0473% / 8h3h 14m$14K$27K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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
−$88.77
Price spread: +0.080% → 0.000%
$8
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$104.77
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; HTX: 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 KuCoin live order book, 2 min ago10.39 bp159.8 bp −$160doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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−0.2443%8h6.2611+0.194%$814K$4.3M5xas long as short
Bybit BNCUSDT−0.1517%8h6.2450−0.064%$563K$2.1M25xas long as short
Binance BNCUSDT−0.1289%8h6.2464−0.042%$13.6M$41.6M10xas long as short
Variational Omni BNC−0.1162%8h6.2534+0.071%$116K$141Kas long as short
Aster BNCUSD1−0.0681%8h6.2479−0.018%$179K$22K10xas long as short
QFEX BNC-USD−0.0480%1h6.2600+0.176%$49K$29K10xas long as short
HTX BNC-USDTshort−0.0473%8h6.2540+0.080%$14K$27K10x
KuCoin BNCUSDTMlong−0.0050%8h6.2490long leg$38K$3.0M20x
Bullet BNC-USD0.0000%1h6.2484−0.010%$9K$69K10xas long as short