Funding you earn now, next payment 08:00 UTC+0.0609%/8h= +66.7% APRnext payment +$6.09 per $10,000 · paid last 24h +0.211%
Price spread now: Variational Omni against KuCoin−0.314%7-day average −0.150% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.192%+$19 on $10k
+Price spread, last 4 days (all we have)−0.481%−$48 · spread now −0.314%, 7d avg −0.150%
=Together, before fees−0.289%+ Points / potential airdropVariational Omni: Active · farm board−$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.165% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.314% now, against its 7-day average of −0.150%). If the spread goes back, that is −$16 on $10k: about 22 hours of funding at the current rate (+$18 a day). At the pace of the last 3 days (+0.192% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.192% in total (about 20.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BNCUSDTM | 6.5290 | 0.0100 | pay 0.0100% / 8h | 6h 41m | $55K | $3.0M | 20x |
| Short | Variational Omni BNC | 6.5085 | 0.0709 | get 0.0709% / 8h | 6h 41m | $106K | $133K | — |
KuCoin BNCUSDTM
Variational Omni BNCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $127.96
- Price spread: −0.314% → −0.150%
- −$16.45
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $99.51
- Costs to cover
- 0.120%
- Break-even
- 1.6 days
Slippage unknown: KuCoin: live order book, 11 min ago; Variational Omni: RFQ quote, 28 min ago. 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, 11 min ago | 13.65 bp | 128.7 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 28 min ago | 4.22 bp | doesn't fit | 64.3 bp −$643 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BNCUSDT | 0.0000% | 8h | 6.5160 | −0.199% | $582K | $2.0M | 25x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.5166 | −0.190% | $1.1M | $3.2M | 5x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.5068 | −0.340% | $10K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.5480 | +0.291% | $14K | $32K | 10x | as long as short |
| QFEX BNC-USD | +0.0008% | 1h | 6.5200 | −0.138% | $53K | $40K | 10x | as long as short |
| KuCoin BNCUSDTMlong | +0.0100% | 8h | 6.5290 | long leg | $55K | $3.0M | 20x | |
| Aster BNCUSD1 | +0.0393% | 8h | 6.5385 | +0.146% | $187K | $22K | 10x | as long as short |
| Variational Omni BNCshort | +0.0709% | 8h | 6.5085 | −0.314% | $106K | $133K | — | |
| Binance BNCUSDT | +0.0885% | 8h | 6.5090 | −0.306% | $15.2M | $34.0M | 10x | as long as short |
Bybit BNCUSDT
Bitget BNCUSDT
Bullet BNC-USD
HTX BNC-USDT
QFEX BNC-USD
Aster BNCUSD1
Binance BNCUSDT