Funding you earn now, next payment 10:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.011%
Price spread now: Bullet against QFEX+0.134%50s7-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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bullet is 0.134% dearer against QFEX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | 6.3600 | −0.0080 | get 0.0010% / 1h | 17m 32s | $50K | $12K | 10x |
| Short | Bullet BNC-USD | 6.3685 | 0 | get 0.0000% / 1h | 17m 32s | $9K | $16K | 10x |
QFEX BNC-USD
Bullet BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $16.8
- Price spread: +0.134% → 0.000%
- $13.38
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $12.18
- Costs to cover
- 0.180%
- Break-even
- 1.9 days
Slippage unknown: QFEX: no order-book sample; Bullet: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX no order-book sample | — | — | — | — | — |
| Sell Bullet no order-book sample | — | — | — | — | — |
QFEX and Bullet: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNCUSDT | −0.0357% | 8h | 6.3680 | +0.126% | $14.1M | $34.5M | 10x | as long as short |
| Variational Omni BNC | −0.0280% | 8h | 6.3627 | +0.042% | $119K | $140K | — | as long as short |
| Aster BNCUSD1 | −0.0189% | 8h | 6.3735 | +0.213% | $183K | $21K | 10x | as long as short |
| QFEX BNC-USDlong | −0.0080% | 1h | 6.3600 | long leg | $50K | $12K | 10x | |
| Bybit BNCUSDT | 0.0000% | 8h | 6.3620 | +0.031% | $534K | $1.5M | 25x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.3777 | +0.278% | $862K | $3.3M | 5x | as long as short |
| Bullet BNC-USDshort | 0.0000% | 1h | 6.3685 | +0.134% | $9K | $16K | 10x | |
| HTX BNC-USDT | 0.0000% | 8h | 6.3620 | +0.031% | $14K | $19K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.3720 | +0.189% | $53K | $3.0M | 20x | as long as short |
Binance BNCUSDT
Variational Omni BNC
Aster BNCUSD1
Bybit BNCUSDT
Bitget BNCUSDT
HTX BNC-USDT
KuCoin BNCUSDTM