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

BNT

all BNT markets
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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: Bybit against KuCoin+0.032%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,076as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,054as in the Price arb table
costs, in and out, $10k−$1,04910.488% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.273%−$27 on $10k
Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.032%, 7d avg +0.085%
Together, before fees−0.151%−$15 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: Bybit is 0.052% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNTUSDTM0.34070.0100pay 0.0100% / 8h7h 40m$119K$12K30x
ShortBybit BNTUSDT0.34080.0100get 0.0100% / 8h7h 40m$173K$101K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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: +0.032% → +0.085%
−$5.25
Slippage, 4 orders
−$1,025.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,054.05
Costs to cover
10.488%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bybit: live order book, 15 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 KuCoin live order book, 3 min ago44.09 bp470.3 bp −$470doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 15 min ago5.88 bp83.8 bp −$84doesn'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%8h0.3408+0.030%$926K$700K50xas long as short
Bybit BNTUSDTshort+0.0100%8h0.3408+0.032%$173K$101K5x
Gate BNT_USDT+0.0100%8h0.3406−0.029%$38K$16K10xas long as short
MEXC BNT_USDT+0.0100%8h0.3408+0.029%$114K$94K50xas long as short
KuCoin BNTUSDTMlong+0.0100%8h0.3407long leg$119K$12K30x
Bitget BNTUSDT+0.0100%8h0.3405−0.059%$600K$33K50xas long as short