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

BNT

all BNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget0.000%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.143%+$14 · spread now 0.000%, 7d avg +0.008%
Together, before fees+0.121%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNTUSDT0.34030.0100pay 0.0100% / 8h5h 20m$599K$34K50x
ShortBinance BNTUSDT0.34030.0100get 0.0100% / 8h5h 20m$924K$701K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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% → +0.008%
−$0.82
Slippage, 4 orders
−$107.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$129.86
Costs to cover
1.290%
Break-even
never at this rate
Slippage from Bitget: live order book, 39 min ago; Binance: live order book, 57 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 Bitget live order book, 39 min ago2.95 bp39.3 bp −$39332.7 bp −$3,327doesn't fitdoesn't fit
Sell Binance live order book, 57 min ago1.48 bp21.6 bp −$22154.4 bp −$1,544doesn't fitdoesn't fit

BNT on 6 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
Binance BNTUSDTshort+0.0100%8h0.34030.000%$924K$701K50x
Bybit BNTUSDT+0.0100%8h0.3408+0.147%$178K$103K5xas long as short
Gate BNT_USDT+0.0100%8h0.3400−0.088%$38K$16K10xas long as short
MEXC BNT_USDT+0.0100%8h0.3402−0.029%$111K$95K50xas long as short
KuCoin BNTUSDTM+0.0100%8h0.3396−0.206%$115K$15K30xas long as short
Bitget BNTUSDTlong+0.0100%8h0.3403long leg$599K$34K50x