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

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.052%
Price spread now: Binance against Aster−0.350%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.072%+$7 on $10k
Price spread, last 4 days (all we have)+0.820%+$82 · spread now −0.350%, 7d avg +0.070%
Together, before fees+0.892%+ Points / potential airdropAster: Stage 5 · farm board+$89 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: Binance is 0.420% cheaper against Aster than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNCUSD16.20600get 0.0000% / 8h5h 03m$178K$22K10x
ShortBinance BNCUSDT6.18430get 0.0000% / 8h5h 03m$13.2M$41.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: −0.350% → +0.070%
−$42.01
Slippage, 4 orders
−$126.86
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$186.87
Costs to cover
1.449%
Break-even
never at this rate
Slippage from Aster: live order book, 58 min ago; Binance: live order book, 8 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 Aster live order book, 58 min ago0.78 bp5.9 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.42 bp20.3 bp −$2081.6 bp −$816doesn'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−0.4324%8h6.1957−0.166%$817K$4.6M5xas long as short
Bybit BNCUSDT−0.1095%8h6.1900−0.258%$617K$2.2M25xas long as short
QFEX BNC-USD−0.0008%1h6.1900−0.258%$50K$40K10xas long as short
Aster BNCUSD1long0.0000%8h6.2060long leg$178K$22K10x
Binance BNCUSDTshort0.0000%8h6.1843−0.350%$13.2M$41.6M10x
Variational Omni BNC0.0000%8h6.1598−0.745%$116K$149Kas long as short
Bullet BNC-USD0.0000%1h6.1766−0.475%$9K$69K10xas long as short
HTX BNC-USDT0.0000%8h6.1830−0.371%$14K$31K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.1960−0.162%$50K$3.0M20xas long as short