Funding you earn now, next payment 08:00 UTC+0.1034%/8h= +113.2% APRnext payment +$10.34 per $10,000 · paid last 24h −0.212%
Price spread now: KuCoin against Variational Omni+0.186%7-day average +0.155% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now +0.186%, 7d avg +0.155%
=Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and KuCoin is 0.031% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.155%. Mind the row above: over the last 4 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.193% in total (about -20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNC | 6.2434 | −0.1096 | get 0.1096% / 8h | 3h 49m | $116K | $142K | — |
| Short | KuCoin BNCUSDTM | 6.2550 | −0.0062 | pay 0.0062% / 8h | 3h 49m | $39K | $3.0M | 20x |
Variational Omni BNC
KuCoin BNCUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $217.09
- Price spread: +0.186% → +0.155%
- $3.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $208.2
- Costs to cover
- 0.120%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; KuCoin: live order book, 3 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, 5 min ago | 4.38 bp | doesn't fit | 191.6 bp −$1,916 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 15.95 bp | 159.8 bp −$160 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BNCUSDT | −0.2654% | 8h | 6.2728 | +0.471% | $811K | $4.3M | 5x | as long as short |
| Bybit BNCUSDT | −0.2044% | 8h | 6.2530 | +0.154% | $560K | $2.2M | 25x | as long as short |
| Binance BNCUSDT | −0.1251% | 8h | 6.2500 | +0.106% | $13.6M | $41.9M | 10x | as long as short |
| Variational Omni BNClong | −0.1096% | 8h | 6.2434 | long leg | $116K | $142K | — | |
| HTX BNC-USDT | −0.0820% | 8h | 6.2490 | +0.090% | $14K | $27K | 10x | as long as short |
| Aster BNCUSD1 | −0.0604% | 8h | 6.2504 | +0.112% | $179K | $22K | 10x | as long as short |
| QFEX BNC-USD | −0.0480% | 1h | 6.2500 | +0.106% | $49K | $30K | 10x | as long as short |
| KuCoin BNCUSDTMshort | −0.0062% | 8h | 6.2550 | +0.186% | $39K | $3.0M | 20x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.2515 | +0.130% | $9K | $69K | 10x | as long as short |
Bitget BNCUSDT
Bybit BNCUSDT
Binance BNCUSDT
HTX BNC-USDT
Aster BNCUSD1
QFEX BNC-USD
Bullet BNC-USD