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

BNC

RWAall BNC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0390%/8h= +42.7% APRnext payment +$3.90 per $10,000 · paid last 24h −0.015%
Price spread now: Binance against Aster+0.204%7-day average −0.082% · you sell dearer than you buy
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 4 days (all we have)+0.004%$0 on $10k
Price spread, last 2 days (all we have)−0.505%−$51 · spread now +0.204%, 7d avg −0.082%
Together, before fees−0.501%+ Points / potential airdropAster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.287% dearer against Aster than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.082%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.004% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNCUSD16.57600.0030pay 0.0030% / 8h1h 47m$189K$23K10x
ShortBinance BNCUSDT6.58940.0420get 0.0420% / 8h1h 47m$15.4M$36.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
$81.81
Price spread: +0.204% → −0.082%
$28.67
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$92.47
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: live order book, 34 min ago; Binance: live order book, 9 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 Aster live order book, 34 min ago12.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.52 bp16.6 bp −$1781.2 bp −$812417.3 bp −$41.7Kdoesn'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
QFEX BNC-USD−0.0018%1h6.5900+0.213%$54K$40K10xas long as short
Bybit BNCUSDT0.0000%8h6.5920+0.244%$597K$2.4M25xas long as short
Bitget BNCUSDT0.0000%8h6.5944+0.280%$1.2M$3.8M5xas long as short
Bullet BNC-USD0.0000%1h6.5880+0.182%$10K$74K10xas long as short
Aster BNCUSD1long+0.0030%8h6.5760long leg$189K$23K10x
HTX BNC-USDT+0.0064%8h6.5960+0.305%$14K$32K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.5910+0.229%$57K$3.0M20xas long as short
Variational Omni BNC+0.0290%8h6.5944+0.281%$97K$64Kas long as short
Binance BNCUSDTshort+0.0420%8h6.5894+0.204%$15.4M$36.5M10x