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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.543%
Price spread now: Variational Omni against Bitget−0.171%7-day average −0.022% · you buy dearer than you sell
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 3 days (all we have)+0.675%+$68 on $10k
Price spread, last 3 days (all we have)−0.205%−$20 · spread now −0.171%, 7d avg −0.022%
Together, before fees+0.470%+ Points / potential airdropVariational Omni: Active · farm board+$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.150% cheaper against Bitget than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNCUSDT6.58480get 0.0000% / 8h3h 35m$1.2M$4.3M5x
ShortVariational Omni BNC6.57350get 0.0000% / 8h3h 35m$111K$52K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
$0
Price spread: −0.171% → −0.022%
−$14.96
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$26.96
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 13 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 Bitget live order book, 3 min ago4.25 bp19.5 bp −$2059.5 bp −$595148.1 bp −$14.8Kdoesn't fit
Sell Variational Omni RFQ quote, 13 min ago4.26 bpdoesn't fit71.2 bp −$712doesn't fitdoesn'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
Aster BNCUSD10.0000%8h6.5590−0.392%$188K$23K10xas long as short
Binance BNCUSDT0.0000%8h6.5780−0.103%$15.4M$36.5M10xas long as short
Bybit BNCUSDT0.0000%8h6.5850+0.003%$599K$2.4M25xas long as short
Bitget BNCUSDTlong0.0000%8h6.5848long leg$1.2M$4.3M5x
Variational Omni BNCshort0.0000%8h6.5735−0.171%$111K$52K
Bullet BNC-USD0.0000%1h6.5780−0.103%$10K$74K10xas long as short
HTX BNC-USDT0.0000%8h6.6040+0.292%$14K$32K10xas long as short
QFEX BNC-USD+0.0010%1h6.5800−0.073%$33K$30K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.5860+0.018%$60K$3.0M20xas long as short