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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNC | 6.6536 | 0.0715 | pay 0.0715% / 8h | 5m 40s | $127K | $114K | — |
| Short | Bitget BNCUSDT | 6.6654 | 0 | get 0.0000% / 8h | 5m 40s | $1.2M | $3.5M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 8 min ago | 4.22 bp | doesn't fit | 144.9 bp −$1,449 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.85 bp | 53.9 bp −$54 | 84.3 bp −$843 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USD | −0.0019% | 1h | 6.6500 | −0.054% | $54K | $40K | 10x | as long as short |
| Bybit BNCUSDT | 0.0000% | 8h | 6.6550 | +0.021% | $589K | $2.3M | 25x | as long as short |
| Bitget BNCUSDTshort | 0.0000% | 8h | 6.6654 | +0.177% | $1.2M | $3.5M | 5x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.6524 | −0.018% | $10K | $74K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.6680 | +0.216% | $57K | $3.0M | 20x | as long as short |
| HTX BNC-USDT | +0.0310% | 8h | 6.6690 | +0.231% | $14K | $32K | 10x | as long as short |
| Aster BNCUSD1 | +0.0349% | 8h | 6.6677 | +0.212% | $191K | $23K | 10x | as long as short |
| Variational Omni BNClong | +0.0715% | 8h | 6.6536 | long leg | $127K | $114K | — | |
| Binance BNCUSDT | +0.0901% | 8h | 6.6520 | −0.024% | $15.6M | $36.7M | 10x | as long as short |
Variational Omni BNC
Bitget BNCUSDT
Bybit BNCUSDT
Bullet BNC-USD
KuCoin BNCUSDTM
HTX BNC-USDT
Aster BNCUSD1
Binance BNCUSDT