Funding you earn now, next payment 08:00 UTC−0.0226%/8h= −24.8% APRnext payment −$2.26 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.462%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,405as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,470as in the Price arb table
costs, in and out, $10k−$1,43314.327% of the position
Funding, last 7 days+0.273%+$27 on $10k
+Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.462%, 7d avg −0.085%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.376% cheaper against Bybit than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.085%). 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 | 0.3399 | 0.0326 | pay 0.0326% / 8h | 3h 30m | $183K | $86K | 5x |
| Short | KuCoin BNTUSDTM | 0.3383 | 0.0100 | get 0.0100% / 8h | 3h 30m | $114K | $14K | 30x |
Bybit BNTUSDT
KuCoin BNTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$47.48
- Price spread: −0.462% → −0.085%
- −$37.65
- Slippage, 4 orders
- −$1,409.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,517.87
- Costs to cover
- 14.327%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 33 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, 4 min ago | 1.47 bp | 81.5 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 41.27 bp | 247.1 bp −$247 | doesn't fit | 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 | 0.3396 | −0.079% | $931K | $606K | 50x | as long as short |
| Gate BNT_USDT | +0.0100% | 8h | 0.3393 | −0.168% | $38K | $13K | 10x | as long as short |
| MEXC BNT_USDT | +0.0100% | 8h | 0.3399 | +0.009% | $109K | $95K | 50x | as long as short |
| KuCoin BNTUSDTMshort | +0.0100% | 8h | 0.3383 | −0.462% | $114K | $14K | 30x | |
| Bitget BNTUSDT | +0.0100% | 8h | 0.3392 | −0.197% | $597K | $24K | 50x | as long as short |
| Bybit BNTUSDTlong | +0.0326% | 8h | 0.3399 | long leg | $183K | $86K | 5x |
Binance BNTUSDT
Gate BNT_USDT
MEXC BNT_USDT
Bitget BNTUSDT