Funding you earn now, next payment 08:00 UTC+0.2168%/8h= +237.4% APRnext payment +$21.68 per $10,000 · paid last 24h +0.600%
Price spread now: Aster against Bitget+1.354%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$1701.700% of the position
Funding, last 4 days (all we have)+0.718%+$72 on $10k
+Price spread, last 4 days (all we have)−1.257%−$126 · spread now +1.354%, 7d avg −0.008%
=Together, before fees−0.539%+ Points / potential airdropAster: Stage 5 · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and Aster is 1.362% dearer against Bitget than usual: you sell high and buy low: +$136 more if the spread goes back to its 7-day average of −0.008%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.718% in total (about 69.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$21.68 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 | Bitget BNCUSDT | 6.3347 | −0.2001 | get 0.2001% / 8h | 5h 55m | $1.1M | $3.3M | 5x |
| Short | Aster BNCUSD1 | 6.4205 | 0.0167 | get 0.0167% / 8h | 5h 55m | $184K | $22K | 10x |
Bitget BNCUSDT
Aster BNCUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $455.19
- Price spread: +1.354% → −0.008%
- $136.17
- Slippage, 4 orders
- −$150.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $421.32
- Costs to cover
- 1.700%
- Break-even
- 0.5 days
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 6 min ago.
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 Bitget live order book, 2 min ago | 3.06 bp | 29.7 bp −$30 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 0.78 bp | 97.3 bp −$97 | 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 BNCUSDTlong | −0.2001% | 8h | 6.3347 | long leg | $1.1M | $3.3M | 5x | |
| Bybit BNCUSDT | −0.0274% | 8h | 6.3490 | +0.226% | $578K | $2.0M | 25x | as long as short |
| QFEX BNC-USD | −0.0008% | 1h | 6.3800 | +0.715% | $52K | $40K | 10x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.3141 | −0.325% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.3140 | −0.327% | $14K | $32K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.3730 | +0.605% | $46K | $3.0M | 20x | as long as short |
| Aster BNCUSD1short | +0.0167% | 8h | 6.4205 | +1.354% | $184K | $22K | 10x | |
| Variational Omni BNC | +0.0235% | 8h | 6.3360 | +0.020% | $103K | $133K | — | as long as short |
| Binance BNCUSDT | +0.0330% | 8h | 6.3222 | −0.197% | $14.6M | $34.2M | 10x | as long as short |
Bybit BNCUSDT
QFEX BNC-USD
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM
Variational Omni BNC
Binance BNCUSDT