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

BNC

RWAall BNC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0486%/8h= −53.2% APRnext payment $4.86 per $10,000 · paid last 24h +0.166%
Price spread now: Binance against HTX−0.160%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Binance is 0.160% cheaper against HTX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNC-USDT6.2660−0.0750get 0.0750% / 8h3h 45m$14K$27K10x
ShortBinance BNCUSDT6.2560−0.1236pay 0.1236% / 8h3h 45m$13.6M$41.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
−$102.09
Price spread: −0.160% → 0.000%
−$15.96
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$140.05
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Binance: live order book, 12 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 HTX no order-book sample
Sell Binance live order book, 12 min ago1.60 bp15.4 bp −$15104.2 bp −$1,042doesn't fitdoesn't fit
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BNCUSDT−0.2623%8h6.2760+0.160%$811K$4.3M5xas long as short
Bybit BNCUSDT−0.1903%8h6.2630−0.048%$561K$2.1M25xas long as short
Binance BNCUSDTshort−0.1236%8h6.2560−0.160%$13.6M$41.7M10x
Variational Omni BNC−0.1090%8h6.2609−0.081%$116K$141Kas long as short
HTX BNC-USDTlong−0.0750%8h6.2660long leg$14K$27K10x
Aster BNCUSD1−0.0598%8h6.2590−0.112%$179K$22K10xas long as short
QFEX BNC-USD−0.0480%1h6.2600−0.096%$49K$29K10xas long as short
KuCoin BNCUSDTM−0.0058%8h6.2680+0.032%$39K$3.0M20xas long as short
Bullet BNC-USD0.0000%1h6.2613−0.076%$9K$69K10xas long as short