Funding you earn now, next payment 05:00 UTC+0.0424%/8h= +46.4% APRpaid last 24h +0.267%
Price spread now: KuCoin against QFEX−0.271%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. KuCoin is 0.271% cheaper against QFEX than usual: you would sell low and buy high (spread −0.271% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 2.1 days of funding at the current rate (+$13 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BNC-USD | 6.2700 | −0.0480 | get 0.0060% / 1h | 18m 56s | $49K | $29K | 10x |
| Short | KuCoin BNCUSDTM | 6.2530 | −0.0056 | pay 0.0056% / 8h | 3h 18m | $38K | $3.0M | 20x |
QFEX BNC-USD
KuCoin BNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $89.04
- Price spread: −0.271% → 0.000%
- −$27.11
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $39.93
- Costs to cover
- 0.220%
- Break-even
- 3.9 days
Slippage unknown: QFEX: no order-book sample; KuCoin: 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 KuCoin live order book, 3 min ago | 11.99 bp | 177.4 bp −$177 | doesn't fit | 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 | −0.2449% | 8h | 6.2614 | −0.137% | $813K | $4.3M | 5x | as long as short |
| Bybit BNCUSDT | −0.1551% | 8h | 6.2500 | −0.319% | $561K | $2.1M | 25x | as long as short |
| Binance BNCUSDT | −0.1273% | 8h | 6.2451 | −0.397% | $13.6M | $41.6M | 10x | as long as short |
| Variational Omni BNC | −0.1159% | 8h | 6.2484 | −0.344% | $116K | $141K | — | as long as short |
| Aster BNCUSD1 | −0.0668% | 8h | 6.2489 | −0.337% | $179K | $22K | 10x | as long as short |
| HTX BNC-USDT | −0.0512% | 8h | 6.2500 | −0.319% | $14K | $27K | 10x | as long as short |
| QFEX BNC-USDlong | −0.0480% | 1h | 6.2700 | long leg | $49K | $29K | 10x | |
| KuCoin BNCUSDTMshort | −0.0056% | 8h | 6.2530 | −0.271% | $38K | $3.0M | 20x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.2475 | −0.359% | $9K | $69K | 10x | as long as short |
Bitget BNCUSDT
Bybit BNCUSDT
Binance BNCUSDT
Variational Omni BNC
Aster BNCUSD1
HTX BNC-USDT
Bullet BNC-USD