Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.5% APRnext payment −$1.14 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit−0.207%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2282.283% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.207%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.159% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.273%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNTUSDT | 0.3387 | 0.0214 | pay 0.0214% / 8h | 2h 44m | $182K | $85K | 5x |
| Short | Bitget BNTUSDT | 0.3380 | 0.0100 | get 0.0100% / 8h | 2h 44m | $595K | $24K | 50x |
Bybit BNTUSDT
Bitget BNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$23.94
- Price spread: −0.207% → −0.048%
- −$15.86
- Slippage, 4 orders
- −$205.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$268.14
- Costs to cover
- 2.283%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 51 min ago; Bitget: live order book, 1 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 Bybit live order book, 51 min ago | 1.47 bp | 81.5 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.96 bp | 27.5 bp −$28 | 213.8 bp −$2,138 | doesn't fit | doesn't fit |
BNT on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BNTUSDT | +0.0100% | 8h | 0.3381 | −0.190% | $928K | $604K | 50x | as long as short |
| Gate BNT_USDT | +0.0100% | 8h | 0.3384 | −0.089% | $38K | $13K | 10x | as long as short |
| MEXC BNT_USDT | +0.0100% | 8h | 0.3380 | −0.207% | $106K | $94K | 50x | as long as short |
| KuCoin BNTUSDTM | +0.0100% | 8h | 0.3385 | −0.059% | $114K | $14K | 30x | as long as short |
| Bitget BNTUSDTshort | +0.0100% | 8h | 0.3380 | −0.207% | $595K | $24K | 50x | |
| Bybit BNTUSDTlong | +0.0214% | 8h | 0.3387 | long leg | $182K | $85K | 5x |
Binance BNTUSDT
Gate BNT_USDT
MEXC BNT_USDT
KuCoin BNTUSDTM