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+0.0153%/8h= +16.8% APRnext payment +$1.53 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against Variational Omni−0.208%7-day average −0.028% · you buy dearer than you sell
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)+0.009%+$1 on $10k
Price spread, last 2 days (all we have)−0.021%−$2 · spread now −0.208%, 7d avg −0.028%
Together, before fees−0.011%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.180% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.028%). If the spread goes back, that is −$18 on $10k: about 3.9 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.009% in total) that is about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNC6.60070.0410pay 0.0410% / 8h1h 33m$87K$74K
ShortBinance BNCUSDT6.58700.0564get 0.0564% / 8h1h 33m$15.4M$36.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$32.2
Price spread: −0.208% → −0.028%
−$18.04
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$4.15
Costs to cover
0.100%
Break-even
6.1 days
Slippage unknown: Variational Omni: RFQ quote, 51 min ago; Binance: live order book, 8 min ago. 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 Variational Omni RFQ quote, 51 min ago3.02 bpdoesn't fit154.1 bp −$1,541doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.52 bp25.4 bp −$2579.5 bp −$795436.0 bp −$43.6Kdoesn't fit

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-USD−0.0018%1h6.5900−0.163%$53K$40K10xas long as short
Bybit BNCUSDT0.0000%8h6.5900−0.163%$595K$2.4M25xas long as short
Bitget BNCUSDT0.0000%8h6.5906−0.154%$1.2M$3.8M5xas long as short
Bullet BNC-USD0.0000%1h6.5846−0.245%$10K$74K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.6040+0.049%$57K$3.0M20xas long as short
HTX BNC-USDT+0.0118%8h6.6050+0.065%$14K$32K10xas long as short
Aster BNCUSD1+0.0120%8h6.5946−0.094%$189K$23K10xas long as short
Variational Omni BNClong+0.0410%8h6.6007long leg$87K$74K
Binance BNCUSDTshort+0.0564%8h6.5870−0.208%$15.4M$36.7M10x