Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.77 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.080%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1921.922% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.080%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.042% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.252%, 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 | 0.0177 | pay 0.0177% / 8h | 1h 59m | $182K | $86K | 5x |
| Short | MEXC BNT_USDT | 0.3384 | 0.0100 | get 0.0100% / 8h | 1h 59m | $106K | $93K | 50x |
Bybit BNTUSDT
MEXC BNT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$16.19
- Price spread: −0.080% → −0.038%
- −$4.19
- Slippage, 4 orders
- −$177.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$212.53
- Costs to cover
- 1.922%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 31 min ago; MEXC: live order book, 17 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, 31 min ago | 2.98 bp | 85.3 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 17 min ago | 2.96 bp | 15.6 bp −$16 | 67.0 bp −$670 | 148.2 bp −$14.8K | 316.1 bp −$158.0K |
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 | 0.3385 | −0.060% | $928K | $607K | 50x | as long as short |
| Gate BNT_USDT | +0.0100% | 8h | 0.3377 | −0.286% | $38K | $12K | 10x | as long as short |
| MEXC BNT_USDTshort | +0.0100% | 8h | 0.3384 | −0.080% | $106K | $93K | 50x | |
| KuCoin BNTUSDTM | +0.0100% | 8h | 0.3380 | −0.198% | $115K | $15K | 30x | as long as short |
| Bitget BNTUSDT | +0.0100% | 8h | 0.3385 | −0.050% | $597K | $27K | 50x | as long as short |
| Bybit BNTUSDTlong | +0.0177% | 8h | 0.3387 | long leg | $182K | $86K | 5x |
Binance BNTUSDT
Gate BNT_USDT
KuCoin BNTUSDTM
Bitget BNTUSDT