Funding you earn now, next payment 08:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.95 per $10,000 · paid last 24h +0.025%
Price spread now: Binance against Variational Omni+0.047%7-day average +0.093% · 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)+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.047%, 7d avg +0.093%
=Together, before fees−0.232%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.046% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.093%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNC | 6.2570 | −0.0753 | get 0.0753% / 8h | 11m 58s | $116K | $141K | — |
| Short | Binance BNCUSDT | 6.2600 | −0.0848 | pay 0.0848% / 8h | 11m 58s | $13.4M | $39.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- −$19.96
- Price spread: +0.047% → +0.093%
- −$4.6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.56
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Binance: live order book, 15 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 Variational Omni RFQ quote, 27 min ago | 3.08 bp | doesn't fit | 136.4 bp −$1,364 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.80 bp | 15.4 bp −$15 | 32.4 bp −$324 | 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 BNCUSDTshort | −0.0848% | 8h | 6.2600 | +0.047% | $13.4M | $39.1M | 10x | |
| Bitget BNCUSDT | −0.0758% | 8h | 6.2738 | +0.268% | $794K | $3.9M | 5x | as long as short |
| Variational Omni BNClong | −0.0753% | 8h | 6.2570 | long leg | $116K | $141K | — | |
| Aster BNCUSD1 | −0.0431% | 8h | 6.2519 | −0.082% | $179K | $22K | 10x | as long as short |
| Bybit BNCUSDT | −0.0296% | 8h | 6.2600 | +0.047% | $560K | $1.8M | 25x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.2616 | +0.073% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.2640 | +0.111% | $14K | $27K | 10x | as long as short |
| QFEX BNC-USD | +0.0032% | 1h | 6.2600 | +0.047% | $49K | $13K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.2620 | +0.079% | $42K | $2.9M | 20x | as long as short |
Variational Omni BNC
Binance BNCUSDT
Bitget BNCUSDT
Aster BNCUSD1
Bybit BNCUSDT
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM