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

BNC

RWAall BNC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0139%/8h= −15.3% APRnext payment $1.39 per $10,000 · paid last 24h +0.025%
Price spread now: Binance against Variational Omni+0.175%7-day average +0.095% · you sell dearer than you buy
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 4 days (all we have)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.351%+$35 · spread now +0.175%, 7d avg +0.095%
Together, before fees+0.381%+ Points / potential airdropVariational Omni: Active · farm board+$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.080% dearer against Variational Omni than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.095%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 46 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNC6.2129−0.0978get 0.0978% / 8h1h 22m$116K$141K
ShortBinance BNCUSDT6.2238−0.1118pay 0.1118% / 8h1h 22m$13.4M$41.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
−$29.25
Price spread: +0.175% → +0.095%
$8.01
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$31.24
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 21 min ago; Binance: live order book, 4 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 Variational Omni RFQ quote, 21 min ago3.09 bpdoesn't fit162.6 bp −$1,626doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.80 bp26.4 bp −$26124.7 bp −$1,247doesn'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
Bitget BNCUSDT−0.1886%8h6.2443+0.505%$785K$4.3M5xas long as short
Binance BNCUSDTshort−0.1118%8h6.2238+0.175%$13.4M$41.1M10x
Variational Omni BNClong−0.0978%8h6.2129long leg$116K$141K
Aster BNCUSD1−0.0578%8h6.2235+0.171%$178K$22K10xas long as short
Bybit BNCUSDT−0.0570%8h6.2190+0.098%$562K$2.0M25xas long as short
QFEX BNC-USD−0.0010%1h6.2200+0.114%$49K$13K10xas long as short
Bullet BNC-USD0.0000%1h6.2283+0.247%$9K$69K10xas long as short
HTX BNC-USDT0.0000%8h6.2280+0.243%$14K$27K10xas long as short
KuCoin BNCUSDTM+0.0080%8h6.2200+0.114%$41K$3.0M20xas long as short