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

BMT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%
Price spread now: Bybit against BingX−0.091%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2352.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.060%−$6 on $10k
Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.091%, 7d avg −0.011%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.080% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BMT-USDT0.020880.0100pay 0.0050% / 4h2h 00m$2.3M
ShortBybit BMTUSDT0.020860.0100get 0.0050% / 4h2h 00m$1.0M$398K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$0
Price spread: −0.091% → −0.011%
−$7.97
Slippage, 4 orders
−$213.89
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$242.86
Costs to cover
2.349%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago7.21 bp41.4 bp −$41165.1 bp −$1,651659.1 bp −$65.9Kdoesn't fit
Sell Bybit live order book, 44 min ago2.68 bp94.6 bp −$95doesn't fitdoesn't fitdoesn't fit

BMT on 8 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
Aster BMTUSDT+0.0100%4h0.02088+0.006%$43K$12K5xas long as short
Binance BMTUSDT+0.0100%4h0.02087−0.056%$2.3M$2.5M20xas long as short
Bybit BMTUSDTshort+0.0100%4h0.02086−0.091%$1.0M$398K5x
Gate BMT_USDT+0.0100%4h0.020880.000%$172K$196K25xas long as short
MEXC BMT_USDT+0.0100%4h0.020880.000%$206K$140K100xas long as short
BingX BMT-USDTlong+0.0100%4h0.02088long leg$2.3M
Variational Omni BMT+0.0100%4h0.02069−0.920%$54K$26Kas long as short
KuCoin BMTUSDTM+0.0228%4h0.02094+0.287%$630K$85K20xas long as short