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

BNT

All BNT markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceBNTUSDT
0.2809−0.0063get 0.0063% / 8h7h 10m$719K$811K50xLong Binance
SHORT
BybitBNTUSDT
0.2813+0.0100get 0.0100% / 8h7h 10m$125K$96K5xShort Bybit
Price gap+0.150%
Funding gap+0.0163% /8h

Both sides work: funding pays +$5 a day on $10k, and the gap is 0.046% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$29+0.0163% /8h now · paid +0.286% over the last 7D
Price+$5spread +0.150% now, avg +0.103% → +0.046% if it goes back
Costs−$1271.273% of $10k · taker + slippage, in and out
Result−$94−0.94%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.150%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BNT on 6 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size24.6 / 26.3 bp
    At $10k entering Bybit costs 26.3 bp, fee and slippage, 1.1× Binance’s.
  • Note: Margin at max leverage$200 + $2,000
    Binance 50x, Bybit 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$4.88Long Binance: 3 payments, +$1.88; short Bybit: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.150% vs +0.103%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$125K vs $719K OI
    Bybit sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · Bybit Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0136%/8h × 21 periods+$28.55
Price spread+0.150% → +0.103% (7d avg)+$4.62
Slippage, 4 orderslive order books−$106.30
Fee Binance bp × 2 orders−$10.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$94.13
Costs to cover1.273%Break-even30.1 days
Slippage: Binance: live order book, 69 min ago; Bybit: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance1.8024.6 bp−$25312.4 bp−$3,124doesn’t fitdoesn’t fit
SELL · SHORTBybit5.3426.3 bp−$26doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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