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

BNT

all BNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRnext payment $0.27 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.268%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.268% cheaper against Bybit than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BNTUSDT0.33910.0127pay 0.0127% / 8h1h 07m$183K$85K5x
ShortGate BNT_USDT0.33820.0100get 0.0100% / 8h1h 07m$38K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
−$5.66
Price spread: −0.268% → 0.000%
−$26.83
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$58.5
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 17 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 17 min ago4.43 bp86.6 bp −$87doesn't fitdoesn't fitdoesn't fit
Sell Gate no order-book sample
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h0.3385−0.180%$928K$615K50xas long as short
Gate BNT_USDTshort+0.0100%8h0.3382−0.268%$38K$13K10x
MEXC BNT_USDT+0.0100%8h0.3385−0.180%$106K$96K50xas long as short
KuCoin BNTUSDTM+0.0100%8h0.3378−0.386%$115K$15K30xas long as short
Bitget BNTUSDT+0.0100%8h0.3383−0.239%$597K$27K50xas long as short
Bybit BNTUSDTlong+0.0127%8h0.3391long leg$183K$85K5x