Funding you earn now, next payment 01:00 UTC−0.0830%/8h= −90.8% APRpaid last 24h −0.540%
Price spread now: Bullet against Variational Omni−0.058%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Bullet is 0.058% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNC | 6.6449 | 0.0830 | pay 0.0830% / 8h | 7h 06m | $128K | $114K | — |
| Short | Bullet BNC-USD | 6.6410 | 0 | get 0.0000% / 1h | 6m 42s | $10K | $69K | 10x |
Variational Omni BNC
Bullet BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- −$174.2
- Price spread: −0.058% → 0.000%
- −$5.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$188.04
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bullet: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 2 min ago | 4.22 bp | doesn't fit | 118.1 bp −$1,181 | doesn't fit | doesn't fit |
| Sell Bullet no order-book sample | — | — | — | — | — |
Bullet: 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USD | −0.0013% | 1h | 6.6300 | −0.224% | $54K | $40K | 10x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.6563 | +0.172% | $1.2M | $3.2M | 5x | as long as short |
| Bullet BNC-USDshort | 0.0000% | 1h | 6.6410 | −0.058% | $10K | $69K | 10x | |
| HTX BNC-USDT | 0.0000% | 8h | 6.6420 | −0.044% | $14K | $32K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.6580 | +0.197% | $57K | $3.0M | 20x | as long as short |
| Bybit BNCUSDT | +0.0374% | 8h | 6.6420 | −0.044% | $585K | $2.1M | 25x | as long as short |
| Aster BNCUSD1 | +0.0463% | 8h | 6.6485 | +0.054% | $191K | $22K | 10x | as long as short |
| Variational Omni BNClong | +0.0830% | 8h | 6.6449 | long leg | $128K | $114K | — | |
| Binance BNCUSDT | +0.1011% | 8h | 6.6426 | −0.035% | $15.6M | $34.0M | 10x | as long as short |
QFEX BNC-USD
Bitget BNCUSDT
HTX BNC-USDT
KuCoin BNCUSDTM
Bybit BNCUSDT
Aster BNCUSD1
Binance BNCUSDT