Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.014%
Price spread now: MEXC against KuCoin−0.049%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1551.550% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.049%, 7d avg −0.053%
=The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BMTUSDTM | 0.02051 | 0.0208 | pay 0.0104% / 4h | 2h 36m | $617K | $84K | 20x |
| Short | MEXC BMT_USDT | 0.02050 | 0.0100 | get 0.0050% / 4h | 2h 36m | $194K | $135K | 100x |
KuCoin BMTUSDTM
MEXC BMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$22.68
- Price spread: −0.049% → −0.053%
- $0.41
- Slippage, 4 orders
- −$139.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$177.27
- Costs to cover
- 1.550%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 min ago; MEXC: live order book, 49 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, 23 min ago | 14.67 bp | 61.8 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 49 min ago | 2.46 bp | 8.8 bp −$9 | 61.9 bp −$619 | 292.0 bp −$29.2K | 610.1 bp −$305.1K |
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 | 0.02051 | −0.017% | $43K | $12K | 5x | as long as short |
| Binance BMTUSDT | +0.0100% | 4h | 0.02050 | −0.049% | $2.3M | $2.5M | 20x | as long as short |
| Bybit BMTUSDT | +0.0100% | 4h | 0.02050 | −0.063% | $994K | $402K | 5x | as long as short |
| Gate BMT_USDT | +0.0100% | 4h | 0.02049 | −0.098% | $171K | $187K | 25x | as long as short |
| MEXC BMT_USDTshort | +0.0100% | 4h | 0.02050 | −0.049% | $194K | $135K | 100x | |
| BingX BMT-USDT | +0.0100% | 4h | 0.02049 | −0.098% | — | $2.3M | — | as long as short |
| Variational Omni BMT | +0.0100% | 4h | 0.02064 | +0.644% | $54K | $26K | — | as long as short |
| KuCoin BMTUSDTMlong | +0.0208% | 4h | 0.02051 | long leg | $617K | $84K | 20x |
Aster BMTUSDT
Binance BMTUSDT
Bybit BMTUSDT
Gate BMT_USDT
BingX BMT-USDT
Variational Omni BMT