Funding you earn now, next payment 08:00 UTC+0.0413%/8h= +45.2% APRnext payment +$4.13 per $10,000 · paid last 24h +0.589%
Price spread now: Aster against Bitget−0.171%7-day average −0.017% · 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−$93as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 4 days (all we have)+0.707%+$71 on $10k
+Price spread, last 4 days (all we have)+0.268%+$27 · spread now −0.171%, 7d avg −0.017%
=Together, before fees+0.975%+ Points / potential airdropAster: Stage 5 · farm board+$98 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.154% cheaper against Bitget than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.017%). If the spread goes back, that is −$15 on $10k: about 30 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNCUSDT | 6.2676 | −0.0916 | get 0.0916% / 8h | 20m 59s | $792K | $3.9M | 5x |
| Short | Aster BNCUSD1 | 6.2569 | −0.0503 | pay 0.0503% / 8h | 20m 59s | $179K | $22K | 10x |
Bitget BNCUSDT
Aster BNCUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $86.65
- Price spread: −0.171% → −0.017%
- −$15.38
- Slippage, 4 orders
- −$57.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$6.13
- Costs to cover
- 0.774%
- Break-even
- 7.5 days
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 15 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 Bitget live order book, 2 min ago | 2.80 bp | 12.2 bp −$12 | 22.0 bp −$220 | 135.9 bp −$13.6K | doesn't fit |
| Sell Aster live order book, 15 min ago | 12.00 bp | 18.6 bp −$19 | 27.3 bp −$273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BNCUSDT | −0.0949% | 8h | 6.2560 | −0.185% | $13.4M | $39.9M | 10x | as long as short |
| Bitget BNCUSDTlong | −0.0916% | 8h | 6.2676 | long leg | $792K | $3.9M | 5x | |
| Variational Omni BNC | −0.0803% | 8h | 6.2413 | −0.419% | $117K | $141K | — | as long as short |
| Aster BNCUSD1short | −0.0503% | 8h | 6.2569 | −0.171% | $179K | $22K | 10x | |
| Bybit BNCUSDT | −0.0374% | 8h | 6.2510 | −0.265% | $559K | $1.8M | 25x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.2443 | −0.371% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.2490 | −0.297% | $14K | $27K | 10x | as long as short |
| QFEX BNC-USD | +0.0032% | 1h | 6.2500 | −0.281% | $49K | $13K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.2480 | −0.313% | $42K | $2.9M | 20x | as long as short |
Binance BNCUSDT
Variational Omni BNC
Bybit BNCUSDT
Bullet BNC-USD
HTX BNC-USDT
QFEX BNC-USD
KuCoin BNCUSDTM