Funding you earn now, next payment 08:00 UTC−0.3436%/8h= −376.2% APRnext payment −$34.36 per $10,000 · paid last 24h −0.616%
Price spread now: Bitget against Variational Omni+0.441%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.749%−$75 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.441%, 7d avg +0.033%
=Together, before fees−0.882%+ Points / potential airdropVariational Omni: Active · farm board−$88 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.408% dearer against Variational Omni than usual: you sell high and buy low (spread +0.441% now, against its 7-day average of +0.033%): +$41 on $10k if it goes back. Holding the pair costs −$103 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 3 days (−0.749% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.749% in total (about -78.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$34.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNC | 6.2958 | −0.0141 | get 0.0141% / 8h | 4h 20m | $119K | $142K | — |
| Short | Bitget BNCUSDT | 6.3236 | −0.3577 | pay 0.3577% / 8h | 4h 20m | $792K | $4.4M | 5x |
Variational Omni BNC
Bitget BNCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$721.51
- Price spread: +0.441% → +0.033%
- $40.82
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$692.69
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; Bitget: live order book, 2 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, 38 min ago | 5.73 bp | doesn't fit | 108.6 bp −$1,086 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.35 bp | 38.0 bp −$38 | 181.6 bp −$1,816 | 264.5 bp −$26.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BNCUSDTshort | −0.3577% | 8h | 6.3236 | +0.441% | $792K | $4.4M | 5x | |
| Bybit BNCUSDT | −0.0899% | 8h | 6.3060 | +0.161% | $594K | $2.2M | 25x | as long as short |
| QFEX BNC-USD | −0.0400% | 1h | 6.3200 | +0.384% | $51K | $40K | 10x | as long as short |
| Binance BNCUSDT | −0.0216% | 8h | 6.3030 | +0.114% | $13.4M | $41.3M | 10x | as long as short |
| Variational Omni BNClong | −0.0141% | 8h | 6.2958 | long leg | $119K | $142K | — | |
| Aster BNCUSD1 | 0.0000% | 8h | 6.3280 | +0.511% | $181K | $22K | 10x | as long as short |
| Bullet BNC-USD | 0.0000% | 1h | 6.2984 | +0.041% | $9K | $69K | 10x | as long as short |
| HTX BNC-USDT | 0.0000% | 8h | 6.3210 | +0.400% | $14K | $31K | 10x | as long as short |
| KuCoin BNCUSDTM | +0.0100% | 8h | 6.3340 | +0.606% | $44K | $3.0M | 20x | as long as short |
Bybit BNCUSDT
QFEX BNC-USD
Binance BNCUSDT
Aster BNCUSD1
Bullet BNC-USD
HTX BNC-USDT
KuCoin BNCUSDTM