Settings8H · net · $10k
Funding arb · Price arb /

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0216%/8h= −23.6% APRpaid last 24h +0.011%
Price spread now: Aster against QFEX+0.574%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.574% dearer against QFEX than usual: you sell high and buy low (spread +0.574% now, against zero (this spread has no 7-day history yet)): +$57 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 8.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BNC-USD6.2900−0.0002get 0.0000% / 1h30m 19s$49K$12K10x
ShortAster BNCUSD16.3261−0.0217pay 0.0217% / 8h5h 30m$181K$20K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against QFEX. 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
−$45.27
Price spread: +0.574% → 0.000%
$57.43
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$5.84
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: QFEX: no order-book sample; Aster: live order book, 11 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 QFEX no order-book sample
Sell Aster live order book, 11 min ago12.61 bp20.7 bp −$21doesn't fitdoesn't fitdoesn't fit
QFEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNCUSDT−0.0389%8h6.3042+0.226%$14.0M$33.5M10xas long as short
Variational Omni BNC−0.0277%8h6.3010+0.175%$118K$127Kas long as short
Aster BNCUSD1short−0.0217%8h6.3261+0.574%$181K$20K10x
QFEX BNC-USDlong−0.0002%1h6.2900long leg$49K$12K10x
Bybit BNCUSDT0.0000%8h6.3040+0.223%$513K$1.4M25xas long as short
Bullet BNC-USD0.0000%1h6.3027+0.202%$9K$16K10xas long as short
HTX BNC-USDT0.0000%8h6.3070+0.270%$14K$19K10xas long as short
Bitget BNCUSDT+0.0059%8h6.3192+0.464%$862K$3.3M5xas long as short
KuCoin BNCUSDTM+0.0100%8h6.3210+0.493%$55K$3.0M20xas long as short