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

BNC

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNC6.2570−0.0753get 0.0753% / 8h11m 58s$116K$141K
ShortBinance BNCUSDT6.2600−0.0848pay 0.0848% / 8h11m 58s$13.4M$39.1M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 27 min ago3.08 bpdoesn't fit136.4 bp −$1,364doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.80 bp15.4 bp −$1532.4 bp −$324doesn't fitdoesn't fit

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
Binance BNCUSDTshort−0.0848%8h6.2600+0.047%$13.4M$39.1M10x
Bitget BNCUSDT−0.0758%8h6.2738+0.268%$794K$3.9M5xas long as short
Variational Omni BNClong−0.0753%8h6.2570long leg$116K$141K
Aster BNCUSD1−0.0431%8h6.2519−0.082%$179K$22K10xas long as short
Bybit BNCUSDT−0.0296%8h6.2600+0.047%$560K$1.8M25xas long as short
Bullet BNC-USD0.0000%1h6.2616+0.073%$9K$69K10xas long as short
HTX BNC-USDT0.0000%8h6.2640+0.111%$14K$27K10xas long as short
QFEX BNC-USD+0.0032%1h6.2600+0.047%$49K$13K10xas long as short
KuCoin BNCUSDTM+0.0100%8h6.2620+0.079%$42K$2.9M20xas long as short