Funding you earn now, next payment 04:00 UTC+0.0400%/8h= +43.8% APRpaid last 24h +0.495%
Price spread now: Binance against QFEX+0.172%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.172% dearer against QFEX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BNC-USD | 6.2000 | −0.0400 | get 0.0050% / 1h | 36m 20s | $50K | $40K | 10x |
| Short | Binance BNCUSDT | 6.2106 | 0 | get 0.0000% / 8h | 4h 36m | $13.2M | $41.6M | 10x |
QFEX BNC-USD
Binance BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- $84
- Price spread: +0.172% → 0.000%
- $17.16
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $81.16
- Costs to cover
- 0.200%
- Break-even
- 0.2 days
Slippage unknown: QFEX: no order-book sample; Binance: live order book, 6 min ago. 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 QFEX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 1.61 bp | 23.7 bp −$24 | 122.7 bp −$1,227 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BNCUSDT | −0.4033% | 8h | 6.2316 | +0.510% | $781K | $4.5M | 5x | as long as short |
| Bybit BNCUSDT | −0.0879% | 8h | 6.2200 | +0.323% | $611K | $2.2M | 25x | as long as short |
| QFEX BNC-USDlong | −0.0400% | 1h | 6.2000 | long leg | $50K | $40K | 10x | |
| Aster BNCUSD1 | 0.0000% | 8h | 6.2105 | +0.169% | $178K | $22K | 10x | as long as short |
| Binance BNCUSDTshort | 0.0000% | 8h | 6.2106 | +0.172% | $13.2M | $41.6M | 10x | |
| Variational Omni BNC | 0.0000% | 8h | 6.2049 | +0.078% | $116K | $149K | — | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.2110 | +0.178% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.2210 | +0.339% | $14K | $31K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.2150 | +0.242% | $48K | $3.0M | 20x | as long as short |
Bitget BNCUSDT
Bybit BNCUSDT
Aster BNCUSD1
Variational Omni BNC
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM