Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.8650 | +0.0016 | pay 0.0002% / 1h | 7m 49s | $826K | $98K | 10x | Long QFEX37% off | |
| SHORT | 4.8640 | +0.0294 | get 0.0294% / 8h | 7m 49s | $417K | $331K | 25x | Short Bybit |
Price gap−0.021%
Funding gap+0.0278% /8h
Funding pays +$8 a day on $10k, but the gap is 0.039% under its 7d average: −$4 if it goes back, about 11 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$202+0.0278% /8h now · paid −2.016% over the last 7D
Price−$4spread −0.021% now, avg +0.018% → −0.039% if it goes back
Costs−$2932.927% of $10k · taker + slippage, in and out
Result−$498−4.98%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.021%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBNC on 11 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size62.3 / 93.0 bpAt $10k entering Bybit costs 93.0 bp, fee and slippage, 1.5× QFEX’s.
- Note: Margin at max leverage$1,000 + $400QFEX 10x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$8.34Long QFEX: 24 payments, −$0.47; short Bybit: 3 payments, +$8.81.
- Watch: Gap narrower than usual−0.021% vs +0.018%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$417K vs $826K OIBybit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCQFEX No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0960%/8h × 21 periods−$201.62
Price spread−0.021% → +0.018% (7d avg)−$3.85
Slippage, 4 orderslive order books−$261.72
Fee QFEX bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$498.19
Costs to cover2.927%Break-evennever at this rate
Slippage: QFEX: live order book, 63 min ago; Bybit: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGQFEX10.4962.3 bp−$62doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit11.4393.0 bp−$93260.2 bp−$2,602doesn’t fitdoesn’t fit
Closing costs about the same again.
BNC news
posts that mention BNC, from every exchange| 09-23 15:32 | Aster | Points | Epoch 3 is a wrap. Did you show up? Epoch 4 is now live with more hot markets: $MOONSHOT, $POLYMARKET, $BNC, $OURA and more. Trade for USD1 rewards and hold positions for $WLFI rewards. Make your moves. @Aster_DEX on X ↗ |
| 09-18 14:20 | Aster | Listing | New RWA perp listing: $BNC (CEA Industries Inc) with up to 10x leverage. @Aster_DEX on X ↗ |
Aster