Funding you earn now, next payment 07:00 UTC+0.1933%/8h= +211.6% APRpaid last 24h +0.115%
Price spread now: QFEX against Bitget−0.426%46s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. QFEX is 0.426% cheaper against Bitget than usual: you would sell low and buy high (spread −0.426% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 18 hours of funding at the current rate (+$58 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNCUSDT | 6.2265 | −0.1943 | get 0.1943% / 8h | 1h 27m | $781K | $4.3M | 5x |
| Short | QFEX BNC-USD | 6.2000 | −0.0010 | pay 0.0001% / 1h | 27m 52s | $49K | $13K | 10x |
Bitget BNCUSDT
QFEX BNC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $405.9
- Price spread: −0.426% → 0.000%
- −$42.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $341.34
- Costs to cover
- 0.220%
- Break-even
- 1.1 days
Slippage unknown: Bitget: live order book, 5 min ago; QFEX: no order-book sample. 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 Bitget live order book, 5 min ago | 5.55 bp | 33.4 bp −$33 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell QFEX no order-book sample | — | — | — | — | — |
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 BNCUSDTlong | −0.1943% | 8h | 6.2265 | long leg | $781K | $4.3M | 5x | |
| Binance BNCUSDT | −0.1140% | 8h | 6.2080 | −0.297% | $13.4M | $41.1M | 10x | as long as short |
| Variational Omni BNC | −0.0988% | 8h | 6.1944 | −0.515% | $115K | $141K | — | as long as short |
| Bybit BNCUSDT | −0.0604% | 8h | 6.2080 | −0.297% | $561K | $2.0M | 25x | as long as short |
| Aster BNCUSD1 | −0.0590% | 8h | 6.2106 | −0.255% | $178K | $22K | 10x | as long as short |
| QFEX BNC-USDshort | −0.0010% | 1h | 6.2000 | −0.426% | $49K | $13K | 10x | |
| Bullet BNC-USD | 0.0000% | 1h | 6.2090 | −0.280% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.2010 | −0.410% | $14K | $27K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0074% | 8h | 6.2070 | −0.313% | $41K | $3.0M | 20x | as long as short |
Binance BNCUSDT
Variational Omni BNC
Bybit BNCUSDT
Aster BNCUSD1
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM