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−0.0715%/8h= −78.3% APRnext payment $7.15 per $10,000 · paid last 24h −0.543%
Price spread now: Bitget against Variational Omni+0.177%7-day average +0.020% · 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)−0.675%−$68 on $10k
Price spread, last 3 days (all we have)+0.130%+$13 · spread now +0.177%, 7d avg +0.020%
Together, before fees−0.545%+ Points / potential airdropVariational Omni: Active · farm board−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.157% dearer against Variational Omni than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.020%): +$16 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNC6.65360.0715pay 0.0715% / 8h5m 40s$127K$114K
ShortBitget BNCUSDT6.66540get 0.0000% / 8h5m 40s$1.2M$3.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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
−$150.14
Price spread: +0.177% → +0.020%
$15.69
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$146.45
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 8 min ago; Bitget: live order book, 2 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, 8 min ago4.22 bpdoesn't fit144.9 bp −$1,449doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.85 bp53.9 bp −$5484.3 bp −$843doesn't fitdoesn'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−0.0019%1h6.6500−0.054%$54K$40K10xas long as short
Bybit BNCUSDT0.0000%8h6.6550+0.021%$589K$2.3M25xas long as short
Bitget BNCUSDTshort0.0000%8h6.6654+0.177%$1.2M$3.5M5x
Bullet BNC-USD0.0000%1h6.6524−0.018%$10K$74K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.6680+0.216%$57K$3.0M20xas long as short
HTX BNC-USDT+0.0310%8h6.6690+0.231%$14K$32K10xas long as short
Aster BNCUSD1+0.0349%8h6.6677+0.212%$191K$23K10xas long as short
Variational Omni BNClong+0.0715%8h6.6536long leg$127K$114K
Binance BNCUSDT+0.0901%8h6.6520−0.024%$15.6M$36.7M10xas long as short