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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.552%
Price spread now: Bitget against Bybit+0.109%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2362.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.472%−$47 on $10k
Price spread, last 7 days−0.121%−$12 · spread now +0.109%, 7d avg +0.009%
Together, before fees−0.593%−$59 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: Bitget is 0.101% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BNCUSDT6.58800get 0.0000% / 8h1h 44m$596K$2.4M25x
ShortBitget BNCUSDT6.59520get 0.0000% / 8h1h 44m$1.2M$3.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.109% → +0.009%
$10.07
Slippage, 4 orders
−$213.4
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$226.33
Costs to cover
2.364%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago6.83 bp71.8 bp −$72209.0 bp −$2,090doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.93 bp27.6 bp −$2866.8 bp −$668134.4 bp −$13.4Kdoesn'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+0.030%$53K$40K10xas long as short
Bybit BNCUSDTlong0.0000%8h6.5880long leg$596K$2.4M25x
Bitget BNCUSDTshort0.0000%8h6.5952+0.109%$1.2M$3.8M5x
Bullet BNC-USD0.0000%1h6.5858−0.033%$10K$74K10xas long as short
Aster BNCUSD1+0.0039%8h6.5766−0.173%$189K$23K10xas long as short
HTX BNC-USDT+0.0058%8h6.5870−0.015%$14K$32K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.5950+0.106%$57K$3.0M20xas long as short
Variational Omni BNC+0.0314%8h6.5884+0.006%$86K$74Kas long as short
Binance BNCUSDT+0.0443%8h6.5855−0.038%$15.4M$36.5M10xas long as short