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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Bybit against Variational Omni−0.003%7-day average +0.055% · 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)−0.042%−$4 on $10k
Price spread, last 3 days (all we have)+0.410%+$41 · spread now −0.003%, 7d avg +0.055%
Together, before fees+0.367%+ Points / potential airdropVariational Omni: Active · farm board+$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.058% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNC6.58920.0000pay 0.0000% / 8h2h 29m$106K$57K
ShortBybit BNCUSDT6.58900get 0.0000% / 8h2h 29m$595K$2.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$0.05
Price spread: −0.003% → +0.055%
−$5.82
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$16.86
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; Bybit: 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, 59 min ago5.47 bpdoesn't fit150.8 bp −$1,508doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.79 bp91.6 bp −$92214.5 bp −$2,145doesn'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
Aster BNCUSD10.0000%8h6.5820−0.109%$189K$23K10xas long as short
Bybit BNCUSDTshort0.0000%8h6.5890−0.003%$595K$2.4M25x
Bitget BNCUSDT0.0000%8h6.5947+0.083%$1.2M$3.8M5xas long as short
Bullet BNC-USD0.0000%1h6.5905+0.020%$10K$74K10xas long as short
HTX BNC-USDT0.0000%8h6.5920+0.042%$14K$32K10xas long as short
Variational Omni BNClong0.0000%8h6.5892long leg$106K$57K
QFEX BNC-USD+0.0080%1h6.5900+0.012%$54K$40K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.5980+0.133%$59K$3.0M20xas long as short
Binance BNCUSDT+0.0102%8h6.5907+0.023%$15.4M$36.4M10xas long as short