Funding you earn now, next payment 07:00 UTC−0.0599%/8h= −65.6% APRpaid last 24h +0.435%
Price spread now: Bybit against QFEX0.000%53s7-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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$18 a day on $10k at the current rate. The two prices were read 53 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 | 6.2000 | −0.0010 | get 0.0001% / 1h | 30m 43s | $49K | $13K | 10x |
| Short | Bybit BNCUSDT | 6.2000 | −0.0609 | pay 0.0609% / 8h | 1h 30m | $561K | $2.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$125.78
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$146.78
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: QFEX: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago | 4.03 bp | 125.2 bp −$125 | 237.7 bp −$2,377 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BNCUSDT | −0.1952% | 8h | 6.2150 | +0.242% | $779K | $4.3M | 5x | as long as short |
| Binance BNCUSDT | −0.1142% | 8h | 6.1980 | −0.032% | $13.3M | $41.1M | 10x | as long as short |
| Variational Omni BNC | −0.0988% | 8h | 6.1944 | −0.090% | $115K | $141K | — | as long as short |
| Bybit BNCUSDTshort | −0.0609% | 8h | 6.2000 | 0.000% | $561K | $2.0M | 25x | |
| Aster BNCUSD1 | −0.0594% | 8h | 6.2029 | +0.046% | $178K | $22K | 10x | as long as short |
| QFEX BNC-USDlong | −0.0010% | 1h | 6.2000 | long leg | $49K | $13K | 10x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.1980 | −0.031% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.2010 | +0.016% | $14K | $27K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0070% | 8h | 6.1980 | −0.032% | $40K | $3.0M | 20x | as long as short |
Bybit BNCUSDT
Bitget BNCUSDT
Binance BNCUSDT
Variational Omni BNC
Aster BNCUSD1
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM