Funding you earn now, next payment 07:00 UTC−0.1053%/8h= −115.3% APRpaid last 24h +0.527%
Price spread now: Binance against QFEX+0.035%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Binance is 0.035% dearer against QFEX than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BNC-USD | 6.2200 | 0.0032 | pay 0.0004% / 1h | 58m 01s | $49K | $13K | 10x |
| Short | Binance BNCUSDT | 6.2222 | −0.1021 | pay 0.1021% / 8h | 58m 01s | $13.4M | $40.8M | 10x |
QFEX BNC-USD
Binance BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- −$221.06
- Price spread: +0.035% → 0.000%
- $3.54
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$237.52
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: QFEX: no order-book sample; Binance: live order book, 14 min ago. 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 QFEX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 1.61 bp | 21.9 bp −$22 | 125.2 bp −$1,252 | doesn't fit | doesn't fit |
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 BNCUSDT | −0.1544% | 8h | 6.2364 | +0.264% | $784K | $4.2M | 5x | as long as short |
| Binance BNCUSDTshort | −0.1021% | 8h | 6.2222 | +0.035% | $13.4M | $40.8M | 10x | |
| Variational Omni BNC | −0.0880% | 8h | 6.2259 | +0.095% | $116K | $141K | — | as long as short |
| Aster BNCUSD1 | −0.0522% | 8h | 6.2271 | +0.114% | $178K | $22K | 10x | as long as short |
| Bybit BNCUSDT | −0.0441% | 8h | 6.2210 | +0.016% | $560K | $1.9M | 25x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.2249 | +0.079% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.2280 | +0.129% | $14K | $27K | 10x | as long as short |
| QFEX BNC-USDlong | +0.0032% | 1h | 6.2200 | long leg | $49K | $13K | 10x | |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.2270 | +0.113% | $41K | $3.0M | 20x | as long as short |
Bitget BNCUSDT
Variational Omni BNC
Aster BNCUSD1
Bybit BNCUSDT
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM