Funding you earn now, next payment 06:00 UTC−0.1058%/8h= −115.8% APRpaid last 24h +0.427%
Price spread now: Bybit against QFEX+0.048%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
The price spread pays, funding is against you. Bybit is 0.048% dearer against QFEX than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BNC-USD | 6.2000 | −0.0022 | get 0.0003% / 1h | 25m 33s | $49K | $13K | 10x |
| Short | Bybit BNCUSDT | 6.2030 | −0.1079 | pay 0.1079% / 8h | 2h 25m | $562K | $2.1M | 25x |
QFEX BNC-USD
Bybit BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$222.09
- Price spread: +0.048% → 0.000%
- $4.84
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$238.25
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: QFEX: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 6.46 bp | 106.0 bp −$106 | 218.9 bp −$2,189 | 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 | −0.2602% | 8h | 6.2129 | +0.208% | $784K | $4.2M | 5x | as long as short |
| Binance BNCUSDT | −0.1302% | 8h | 6.2055 | +0.088% | $13.4M | $41.3M | 10x | as long as short |
| Variational Omni BNC | −0.1175% | 8h | 6.1880 | −0.194% | $115K | $142K | — | as long as short |
| Bybit BNCUSDTshort | −0.1079% | 8h | 6.2030 | +0.048% | $562K | $2.1M | 25x | |
| Aster BNCUSD1 | −0.0706% | 8h | 6.1968 | −0.052% | $178K | $22K | 10x | as long as short |
| HTX BNC-USDT | −0.0086% | 8h | 6.2060 | +0.097% | $14K | $27K | 10x | as long as short |
| QFEX BNC-USDlong | −0.0022% | 1h | 6.2000 | long leg | $49K | $13K | 10x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.1878 | −0.196% | $9K | $69K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0002% | 8h | 6.1970 | −0.048% | $36K | $3.0M | 20x | as long as short |
Bitget BNCUSDT
Binance BNCUSDT
Variational Omni BNC
Aster BNCUSD1
HTX BNC-USDT
Bullet BNC-USD
KuCoin BNCUSDTM