# BNC funding rates and arbitrage

Updated 2026-10-30 11:12 UTC · https://afterfees.xyz/coin/BNC

## Best BNC arbitrage after every cost

No BNC pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## BNC funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | BNCUSDT | 0.0391% | 8 h | +42.8% | +45.0% | $302.5K | 2026-10-30 16:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCSKBNC2USD-USDT | 0.0386% | 8 h | +42.3% | +52.0% | $910.5K | 2026-10-30 16:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | BNC-USD | 0.0001% | 1 h | +1.0% | — | $1.5M | 2026-10-30 12:00 |
| [HTX](https://afterfees.xyz/venues/htx) | BNC-USDT | 0.0000% | 8 h | 0.0% | +32.2% | $25.6K | 2026-10-30 16:00 |
| [Bullet](https://afterfees.xyz/venues/bullet) | BNC-USD | 0.0000% | 1 h | 0.0% | — | $5.5K | 2026-10-30 12:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | BNCUSDT | -0.0252% | 8 h | −27.6% | +38.3% | $263.2K | 2026-10-30 16:00 |
| [Variational](https://afterfees.xyz/venues/variational) | BNC-PERP | -0.0449% | 8 h | −49.1% | — | $74.4K | 2026-10-30 16:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | BNCUSDT | -0.0510% | 8 h | −55.8% | +26.3% | — | 2026-10-30 16:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | BNCSTOCK_USDT | -0.0543% | 8 h | −59.5% | +20.8% | $2.8M | 2026-10-30 16:00 |
| [Binance](https://afterfees.xyz/venues/binance) | BNCUSDT | -0.0546% | 8 h | −59.7% | +20.3% | $7.2M | 2026-10-30 16:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | BNCUSDTM | -0.1047% | 8 h | −114.6% | −26.2% | $112.6K | 2026-10-30 16:00 |

## Borrow BNC to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | — | $1 |

## Cost to enter $10,000 of BNC

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Variational | BNC-PERP | 3.4 bp | top of book only |
| BingX | NCSKBNC2USD-USDT | 6.0 bp | top of book only |
| Binance | BNCUSDT | 6.0 bp * | top of book only |
| MEXC | BNCSTOCK_USDT | 8.0 bp | top of book only |
| Bybit | BNCUSDT | 9.7 bp | top of book only |
| Bitget | BNCUSDT | 9.8 bp | top of book only |
| KuCoin | BNCUSDTM | 19.0 bp | top of book only |
| HTX | BNC-USDT | 25.9 bp * | top of book only |
| Gate | BNC_USDT (spot) | 30.6 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on BNC

- [Borrow BNC: rates on every exchange](https://afterfees.xyz/borrow/BNC)

## Questions

**Is BNC funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no BNC pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest BNC funding rate?**

Bybit at +42.8% a year (0.0391% every 8 h); the lowest is KuCoin at −114.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._