Funding you earn now, next payment 08:00 UTC+0.0608%/8h= +66.6% APRnext payment +$6.08 per $10,000 · paid last 24h −0.052%
Price spread now: Aster against Binance−0.451%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 4 days (all we have)−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.492%+$49 · spread now −0.451%, 7d avg −0.068%
=Together, before fees+0.420%+ Points / potential airdropAster: Stage 5 · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.383% cheaper against Binance than usual: you would sell low and buy high (spread −0.451% now, against its 7-day average of −0.068%). If the spread goes back, that is −$38 on $10k: about 2.1 days of funding at the current rate (+$18 a day). Mind the row above: over the last 4 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.072% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BNCUSDT | 6.2700 | −0.1277 | get 0.1277% / 8h | 3h 20m | $13.6M | $41.6M | 10x |
| Short | Aster BNCUSD1 | 6.2418 | −0.0668 | pay 0.0668% / 8h | 3h 20m | $179K | $22K | 10x |
Binance BNCUSDT
Aster BNCUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- $127.74
- Price spread: −0.451% → −0.068%
- −$38.28
- Slippage, 4 orders
- −$67.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $3.88
- Costs to cover
- 0.856%
- Break-even
- 6.8 days
Slippage from Binance: live order book, 6 min ago; Aster: live order book, 31 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 Binance live order book, 6 min ago | 1.60 bp | 15.6 bp −$16 | 130.9 bp −$1,309 | doesn't fit | doesn't fit |
| Sell Aster live order book, 31 min ago | 15.21 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BNCUSDT | −0.2453% | 8h | 6.2639 | −0.098% | $814K | $4.3M | 5x | as long as short |
| Bybit BNCUSDT | −0.1569% | 8h | 6.2400 | −0.479% | $561K | $2.1M | 25x | as long as short |
| Binance BNCUSDTlong | −0.1277% | 8h | 6.2700 | long leg | $13.6M | $41.6M | 10x | |
| Variational Omni BNC | −0.1159% | 8h | 6.2484 | −0.345% | $116K | $141K | — | as long as short |
| Aster BNCUSD1short | −0.0668% | 8h | 6.2418 | −0.451% | $179K | $22K | 10x | |
| HTX BNC-USDT | −0.0533% | 8h | 6.2480 | −0.352% | $14K | $27K | 10x | as long as short |
| QFEX BNC-USD | −0.0480% | 1h | 6.2400 | −0.479% | $49K | $29K | 10x | as long as short |
| KuCoin BNCUSDTM | −0.0057% | 8h | 6.2420 | −0.447% | $38K | $3.0M | 20x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.2508 | −0.307% | $9K | $69K | 10x | as long as short |
Bitget BNCUSDT
Bybit BNCUSDT
Variational Omni BNC
HTX BNC-USDT
QFEX BNC-USD
KuCoin BNCUSDTM
Bullet BNC-USD