Settings8H · net · $10k
Funding arb · Price arb /

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0617%/8h= +67.6% APRpaid last 24h +0.380%
Price spread now: Variational Omni against QFEX+0.025%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Variational Omni is 0.025% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BNC-USD6.6200−0.0019get 0.0002% / 1h43m 14s$54K$40K10x
ShortVariational Omni BNC6.62170.0598get 0.0598% / 8h43m 14s$87K$74K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$129.64
Price spread: +0.025% → 0.000%
$2.53
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$122.16
Costs to cover
0.100%
Break-even
0.4 days
Slippage unknown: QFEX: no order-book sample; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX no order-book sample
Sell Variational Omni no order-book sample
QFEX and Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BNC-USDlong−0.0019%1h6.6200long leg$54K$40K10x
Bybit BNCUSDT0.0000%8h6.62000.000%$589K$2.4M25xas long as short
Bitget BNCUSDT0.0000%8h6.6272+0.109%$1.2M$3.6M5xas long as short
Bullet BNC-USD0.0000%1h6.6164−0.054%$10K$74K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.6300+0.151%$57K$3.0M20xas long as short
Aster BNCUSD1+0.0271%8h6.6000−0.302%$189K$23K10xas long as short
HTX BNC-USDT+0.0282%8h6.6310+0.166%$14K$32K10xas long as short
Variational Omni BNCshort+0.0598%8h6.6217+0.025%$87K$74K
Binance BNCUSDT+0.0787%8h6.6206+0.008%$15.5M$36.6M10xas long as short