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 0.000%
Price spread now: MEXC against Gate−0.100%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1371.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.100%, 7d avg −0.030%
Together, before fees+0.004%$0 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: MEXC is 0.070% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BMT_USDT0.020040.0100pay 0.0050% / 4h2h 54m$197K$180K25x
ShortMEXC BMT_USDT0.020020.0100get 0.0050% / 4h2h 54m$212K$137K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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: −0.100% → −0.030%
−$6.98
Slippage, 4 orders
−$118.48
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$144.46
Costs to cover
1.375%
Break-even
never at this rate
Slippage from Gate: live order book, 7 min ago; MEXC: live order book, 60 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 Gate live order book, 7 min ago4.97 bp53.8 bp −$54151.7 bp −$1,517doesn't fitdoesn't fit
Sell MEXC live order book, 60 min ago2.47 bp8.9 bp −$951.4 bp −$514281.5 bp −$28.1K603.8 bp −$301.9K

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%4h0.02004+0.009%$44K$10K5xas long as short
Binance BMTUSDT+0.0100%4h0.02004+0.004%$2.3M$2.3M20xas long as short
Bybit BMTUSDT+0.0100%4h0.02002−0.085%$967K$383K5xas long as short
Gate BMT_USDTlong+0.0100%4h0.02004long leg$197K$180K25x
MEXC BMT_USDTshort+0.0100%4h0.02002−0.100%$212K$137K100x
BingX BMT-USDT+0.0100%4h0.02003−0.050%$2.3Mas long as short
Variational Omni BMT+0.0100%4h0.02001−0.133%$52K$27Kas long as short
KuCoin BMTUSDTM+0.0486%4h0.02007+0.150%$617K$73K20xas long as short