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

BNT

all BNT markets
SwapBacktest
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: Binance against MEXC+0.029%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$870.875% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.029%, 7d avg −0.002%
Together, before fees−0.004%$0 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: Binance is 0.031% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNT_USDT0.33900.0100pay 0.0100% / 8h6h 06m$111K$96K50x
ShortBinance BNTUSDT0.33910.0100get 0.0100% / 8h6h 06m$915K$692K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.029% → −0.002%
$3.11
Slippage, 4 orders
−$73.47
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$84.36
Costs to cover
0.875%
Break-even
never at this rate
Slippage from MEXC: live order book, 30 min ago; Binance: live order book, 11 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 MEXC live order book, 30 min ago2.95 bp15.2 bp −$1562.4 bp −$624135.9 bp −$13.6K285.4 bp −$142.7K
Sell Binance live order book, 11 min ago1.48 bp21.6 bp −$22154.4 bp −$1,544doesn'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 BNTUSDTshort+0.0100%8h0.3391+0.029%$915K$692K50x
Bybit BNTUSDT+0.0100%8h0.3393+0.088%$176K$102K5xas long as short
Gate BNT_USDT+0.0100%8h0.3393+0.088%$38K$16K10xas long as short
MEXC BNT_USDTlong+0.0100%8h0.3390long leg$111K$96K50x
KuCoin BNTUSDTM+0.0100%8h0.3392+0.059%$115K$13K30xas long as short
Bitget BNTUSDT+0.0100%8h0.3387−0.088%$596K$33K50xas long as short