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

BNC

RWAall BNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0484%/8h= +53.0% APRpaid last 24h +0.478%
Price spread now: Binance against QFEX+0.016%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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BNC-USD6.39000.0008pay 0.0001% / 1h3m 57s$52K$40K10x
ShortBinance BNCUSDT6.39100.0492get 0.0492% / 8h6h 03m$14.8M$34.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$101.55
Price spread: +0.016% → 0.000%
$1.56
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$83.11
Costs to cover
0.200%
Break-even
1.3 days
Slippage unknown: QFEX: no order-book sample; Binance: live order book, 8 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 Binance live order book, 8 min ago1.56 bp20.5 bp −$2164.7 bp −$647391.9 bp −$39.2Kdoesn'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 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−0.1700%8h6.4085+0.290%$1.1M$3.2M5xas long as short
Bybit BNCUSDT0.0000%8h6.3980+0.125%$580K$2.0M25xas long as short
Bullet BNC-USD0.0000%1h6.3881−0.030%$10K$69K10xas long as short
HTX BNC-USDT0.0000%8h6.3970+0.110%$14K$32K10xas long as short
QFEX BNC-USDlong+0.0008%1h6.3900long leg$52K$40K10x
KuCoin BNCUSDTM+0.0100%8h6.4020+0.188%$46K$3.0M20xas long as short
Aster BNCUSD1+0.0205%8h6.4286+0.604%$184K$22K10xas long as short
Variational Omni BNC+0.0384%8h6.4024+0.194%$104K$133Kas long as short
Binance BNCUSDTshort+0.0492%8h6.3910+0.016%$14.8M$34.1M10x