Funding you earn now, next payment 09:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.038%
Price spread now: Bitget against QFEX+0.282%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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. Bitget is 0.282% dearer against QFEX than usual: you sell high and buy low (spread +0.282% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BNC-USD | 6.3200 | −0.0240 | get 0.0030% / 1h | 49m 52s | $50K | $13K | 10x |
| Short | Bitget BNCUSDT | 6.3378 | −0.0313 | pay 0.0313% / 8h | 7h 49m | $810K | $3.7M | 5x |
QFEX BNC-USD
Bitget BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$15.33
- Price spread: +0.282% → 0.000%
- $28.16
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$9.17
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: QFEX: no order-book sample; Bitget: live order book, 3 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 QFEX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 6.55 bp | 58.4 bp −$58 | 135.9 bp −$1,359 | 207.1 bp −$20.7K | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNCUSDT | −0.0834% | 8h | 6.3210 | +0.016% | $13.6M | $36.9M | 10x | as long as short |
| Variational Omni BNC | −0.0717% | 8h | 6.3275 | +0.118% | $118K | $141K | — | as long as short |
| Aster BNCUSD1 | −0.0495% | 8h | 6.3176 | −0.038% | $181K | $21K | 10x | as long as short |
| Bitget BNCUSDTshort | −0.0313% | 8h | 6.3378 | +0.282% | $810K | $3.7M | 5x | |
| QFEX BNC-USDlong | −0.0240% | 1h | 6.3200 | long leg | $50K | $13K | 10x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.3162 | −0.061% | $9K | $22K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.3140 | −0.095% | $14K | $27K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.3140 | −0.095% | $45K | $3.0M | 20x | as long as short |
| Bybit BNCUSDT | +0.0424% | 8h | 6.3180 | −0.032% | $560K | $1.7M | 25x | as long as short |
Binance BNCUSDT
Variational Omni BNC
Aster BNCUSD1
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM
Bybit BNCUSDT