Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against Binance−0.031%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2852.846% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.031%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.028% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BMTUSDT | 0.02001 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $2.2M | $2.3M | 20x |
| Short | Bybit BMTUSDT | 0.02001 | 0.0100 | get 0.0050% / 4h | 2h 41m | $968K | $378K | 5x |
Binance BMTUSDT
Bybit BMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.031% → −0.003%
- −$2.76
- Slippage, 4 orders
- −$263.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$287.36
- Costs to cover
- 2.846%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 43 min ago.
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 Binance live order book, 8 min ago | 2.50 bp | 26.6 bp −$27 | 276.7 bp −$2,767 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 3.74 bp | 115.6 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
BMT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BMTUSDT | +0.0100% | 4h | 0.02001 | −0.004% | $44K | $10K | 5x | as long as short |
| Binance BMTUSDTlong | +0.0100% | 4h | 0.02001 | long leg | $2.2M | $2.3M | 20x | |
| Bybit BMTUSDTshort | +0.0100% | 4h | 0.02001 | −0.031% | $968K | $378K | 5x | |
| Gate BMT_USDT | +0.0100% | 4h | 0.02002 | +0.034% | $199K | $191K | 25x | as long as short |
| MEXC BMT_USDT | +0.0100% | 4h | 0.02001 | −0.016% | $218K | $137K | 100x | as long as short |
| KuCoin BMTUSDTM | +0.0100% | 4h | 0.02001 | −0.016% | $617K | $72K | 20x | as long as short |
| BingX BMT-USDT | +0.0100% | 4h | 0.02001 | −0.016% | — | $2.3M | — | as long as short |
| Variational Omni BMT | +0.0100% | 4h | 0.02001 | −0.030% | $52K | $27K | — | as long as short |
Aster BMTUSDT
Gate BMT_USDT
MEXC BMT_USDT
KuCoin BMTUSDTM
BingX BMT-USDT
Variational Omni BMT