Funding you earn now, next payment 04:00 UTC−0.0450%/8h= −49.3% APRnext payment −$2.25 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against KuCoin−0.049%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1741.738% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.049%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMTUSDTM | 0.02025 | 0.0550 | pay 0.0275% / 4h | 3h 40m | $623K | $73K | 20x |
| Short | BingX BMT-USDT | 0.02024 | 0.0100 | get 0.0050% / 4h | 3h 40m | — | $2.3M | — |
KuCoin BMTUSDTM
BingX BMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$94.5
- Price spread: −0.049% → −0.038%
- −$1.14
- Slippage, 4 orders
- −$151.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$269.42
- Costs to cover
- 1.738%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; BingX: live order book, 3 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 KuCoin live order book, 13 min ago | 7.41 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.94 bp | 30.7 bp −$31 | 93.6 bp −$936 | 670.6 bp −$67.1K | 995.5 bp −$497.8K |
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 | 0.02023 | −0.092% | $44K | $10K | 5x | as long as short |
| Binance BMTUSDT | +0.0100% | 4h | 0.02023 | −0.087% | $2.3M | $2.3M | 20x | as long as short |
| Bybit BMTUSDT | +0.0100% | 4h | 0.02023 | −0.109% | $976K | $378K | 5x | as long as short |
| Gate BMT_USDT | +0.0100% | 4h | 0.02024 | −0.049% | $200K | $188K | 25x | as long as short |
| MEXC BMT_USDT | +0.0100% | 4h | 0.02023 | −0.099% | $214K | $138K | 100x | as long as short |
| BingX BMT-USDTshort | +0.0100% | 4h | 0.02024 | −0.049% | — | $2.3M | — | |
| Variational Omni BMT | +0.0100% | 4h | 0.02025 | −0.011% | $53K | $27K | — | as long as short |
| KuCoin BMTUSDTMlong | +0.0550% | 4h | 0.02025 | long leg | $623K | $73K | 20x |
Aster BMTUSDT
Binance BMTUSDT
Bybit BMTUSDT
Gate BMT_USDT
MEXC BMT_USDT
Variational Omni BMT