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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNCUSDT | 6.5880 | 0 | get 0.0000% / 8h | 1h 44m | $596K | $2.4M | 25x |
| Short | Bitget BNCUSDT | 6.5952 | 0 | get 0.0000% / 8h | 1h 44m | $1.2M | $3.8M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 6.83 bp | 71.8 bp −$72 | 209.0 bp −$2,090 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.93 bp | 27.6 bp −$28 | 66.8 bp −$668 | 134.4 bp −$13.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BNC-USD | −0.0018% | 1h | 6.5900 | +0.030% | $53K | $40K | 10x | as long as short |
| Bybit BNCUSDTlong | 0.0000% | 8h | 6.5880 | long leg | $596K | $2.4M | 25x | |
| Bitget BNCUSDTshort | 0.0000% | 8h | 6.5952 | +0.109% | $1.2M | $3.8M | 5x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.5858 | −0.033% | $10K | $74K | 10x | as long as short |
| Aster BNCUSD1 | +0.0039% | 8h | 6.5766 | −0.173% | $189K | $23K | 10x | as long as short |
| HTX BNC-USDT | +0.0058% | 8h | 6.5870 | −0.015% | $14K | $32K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.5950 | +0.106% | $57K | $3.0M | 20x | as long as short |
| Variational Omni BNC | +0.0314% | 8h | 6.5884 | +0.006% | $86K | $74K | — | as long as short |
| Binance BNCUSDT | +0.0443% | 8h | 6.5855 | −0.038% | $15.4M | $36.5M | 10x | as long as short |
Bybit BNCUSDT
Bitget BNCUSDT
Bullet BNC-USD
Aster BNCUSD1
HTX BNC-USDT
KuCoin BNCUSDTM
Variational Omni BNC
Binance BNCUSDT