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

BMT

all BMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Bybit0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2732.726% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.184%+$18 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now 0.000%, 7d avg +0.006%
Together, before fees+0.120%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BMTUSDT0.020270.0100pay 0.0050% / 4h31m 06s$981K$384K5x
ShortBinance BMTUSDT0.020270.0100get 0.0050% / 4h31m 06s$2.3M$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: 0.000% → +0.006%
−$0.61
Slippage, 4 orders
−$251.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$273.24
Costs to cover
2.726%
Break-even
never at this rate
Slippage from Bybit: live order book, 24 min ago; Binance: live order book, 4 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 Bybit live order book, 24 min ago3.23 bp105.2 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago2.48 bp30.6 bp −$31239.9 bp −$2,399doesn'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%4h0.02024−0.168%$44K$9K5xas long as short
Binance BMTUSDTshort+0.0100%4h0.020270.000%$2.3M$2.3M20x
Bybit BMTUSDTlong+0.0100%4h0.02027long leg$981K$384K5x
Gate BMT_USDT+0.0100%4h0.02025−0.099%$174K$179K25xas long as short
MEXC BMT_USDT+0.0100%4h0.02024−0.148%$206K$134K100xas long as short
KuCoin BMTUSDTM+0.0100%4h0.02024−0.148%$617K$72K20xas long as short
BingX BMT-USDT+0.0100%4h0.02024−0.148%$2.3Mas long as short
Variational Omni BMT+0.0100%4h0.02024−0.131%$53K$26Kas long as short