Funding you earn now, next payment 00:00 UTC−0.0552%/8h= −60.4% APRpaid last 24h −0.380%
Price spread now: QFEX against Variational Omni+0.399%7-day average — · 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)—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
The price spread pays, funding is against you. QFEX is 0.399% dearer against Variational Omni than usual: you sell high and buy low (spread +0.399% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNC | 6.6037 | 0.0533 | pay 0.0533% / 8h | 47m 26s | $87K | $74K | — |
| Short | QFEX BNC-USD | 6.6300 | −0.0019 | pay 0.0002% / 1h | 47m 26s | $54K | $40K | 10x |
Variational Omni BNC
QFEX BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$115.9
- Price spread: +0.399% → 0.000%
- $39.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$86.04
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; QFEX: 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 no order-book sample | — | — | — | — | — |
| Sell QFEX no order-book sample | — | — | — | — | — |
Variational Omni and QFEX: 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-USDshort | −0.0019% | 1h | 6.6300 | +0.399% | $54K | $40K | 10x | |
| Bybit BNCUSDT | 0.0000% | 8h | 6.6230 | +0.293% | $590K | $2.4M | 25x | as long as short |
| Bitget BNCUSDT | 0.0000% | 8h | 6.6297 | +0.394% | $1.2M | $3.6M | 5x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.6204 | +0.253% | $10K | $74K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.6230 | +0.293% | $57K | $3.0M | 20x | as long as short |
| Aster BNCUSD1 | +0.0203% | 8h | 6.6000 | −0.056% | $189K | $23K | 10x | as long as short |
| HTX BNC-USDT | +0.0217% | 8h | 6.6180 | +0.217% | $14K | $32K | 10x | as long as short |
| Variational Omni BNClong | +0.0533% | 8h | 6.6037 | long leg | $87K | $74K | — | |
| Binance BNCUSDT | +0.0740% | 8h | 6.6180 | +0.217% | $15.5M | $36.6M | 10x | as long as short |
Bybit BNCUSDT
Bitget BNCUSDT
Bullet BNC-USD
KuCoin BNCUSDTM
Aster BNCUSD1
HTX BNC-USDT
Binance BNCUSDT