Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h +0.163%
Price spread now: QFEX against Bitget−0.076%7-day average — · you buy dearer than you sell
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—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.076% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNCUSDT | 6.6150 | 0 | get 0.0000% / 8h | 40m 13s | $1.2M | $3.6M | 5x |
| Short | QFEX BNC-USD | 6.6100 | −0.0019 | pay 0.0002% / 1h | 40m 13s | $54K | $40K | 10x |
Bitget BNCUSDT
QFEX BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4
- Price spread: −0.076% → 0.000%
- −$7.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$33.56
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; 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 Bitget live order book, 3 min ago | 3.70 bp | 33.8 bp −$34 | 77.1 bp −$771 | 159.6 bp −$16.0K | doesn't fit |
| Sell QFEX no order-book sample | — | — | — | — | — |
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 | 6.6100 | −0.076% | $54K | $40K | 10x | |
| Bybit BNCUSDT | 0.0000% | 8h | 6.6060 | −0.136% | $587K | $2.4M | 25x | as long as short |
| Bitget BNCUSDTlong | 0.0000% | 8h | 6.6150 | long leg | $1.2M | $3.6M | 5x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.6050 | −0.151% | $10K | $74K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.6260 | +0.166% | $57K | $3.0M | 20x | as long as short |
| Aster BNCUSD1 | +0.0293% | 8h | 6.6000 | −0.227% | $189K | $23K | 10x | as long as short |
| HTX BNC-USDT | +0.0299% | 8h | 6.6220 | +0.106% | $14K | $32K | 10x | as long as short |
| Variational Omni BNC | +0.0644% | 8h | 6.6162 | +0.018% | $87K | $74K | — | as long as short |
| Binance BNCUSDT | +0.0815% | 8h | 6.6060 | −0.136% | $15.5M | $36.6M | 10x | as long as short |
Bybit BNCUSDT
Bullet BNC-USD
KuCoin BNCUSDTM
Aster BNCUSD1
HTX BNC-USDT
Variational Omni BNC
Binance BNCUSDT