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

BNT

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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: KuCoin against Bitget−0.148%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$957as in the Price arb table
costs, in and out, $10k−$9469.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.148%, 7d avg −0.036%
Together, before fees−0.045%−$5 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: KuCoin is 0.112% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNTUSDT0.33850.0100pay 0.0100% / 8h1h 59m$597K$27K50x
ShortKuCoin BNTUSDTM0.33800.0100get 0.0100% / 8h1h 59m$115K$15K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.148% → −0.036%
−$11.22
Slippage, 4 orders
−$922.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$957.43
Costs to cover
9.462%
Break-even
never at this rate
Slippage from Bitget: live order book, 45 min ago; KuCoin: live order book, 49 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, 45 min ago2.96 bp40.3 bp −$40248.8 bp −$2,488doesn't fitdoesn't fit
Sell KuCoin live order book, 49 min ago36.96 bp583.7 bp −$584doesn't fitdoesn'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 BNTUSDT+0.0100%8h0.3385−0.008%$928K$607K50xas long as short
Gate BNT_USDT+0.0100%8h0.3377−0.236%$38K$13K10xas long as short
MEXC BNT_USDT+0.0100%8h0.33850.000%$106K$96K50xas long as short
KuCoin BNTUSDTMshort+0.0100%8h0.3380−0.148%$115K$15K30x
Bitget BNTUSDTlong+0.0100%8h0.3385long leg$597K$27K50x
Bybit BNTUSDT+0.0177%8h0.3387+0.068%$182K$86K5xas long as short