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

BNT

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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: Bitget against MEXC−0.029%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.029%, 7d avg −0.009%
Together, before fees−0.011%−$1 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: Bitget is 0.020% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNT_USDT0.34000.0100pay 0.0100% / 8h5h 17m$111K$95K50x
ShortBitget BNTUSDT0.33990.0100get 0.0100% / 8h5h 17m$598K$34K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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% → −0.009%
−$2.02
Slippage, 4 orders
−$85.55
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$103.57
Costs to cover
1.016%
Break-even
never at this rate
Slippage from MEXC: live order book, 14 min ago; Bitget: live order book, 43 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, 14 min ago4.41 bp16.3 bp −$1661.0 bp −$610138.4 bp −$13.8K289.0 bp −$144.5K
Sell Bitget live order book, 43 min ago2.95 bp31.1 bp −$31180.4 bp −$1,804doesn'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%8h0.3401+0.029%$925K$701K50xas long as short
Bybit BNTUSDT+0.0100%8h0.3404+0.129%$177K$103K5xas long as short
Gate BNT_USDT+0.0100%8h0.3401+0.029%$38K$16K10xas long as short
MEXC BNT_USDTlong+0.0100%8h0.3400long leg$111K$95K50x
KuCoin BNTUSDTM+0.0100%8h0.3401+0.029%$115K$15K30xas long as short
Bitget BNTUSDTshort+0.0100%8h0.3399−0.029%$598K$34K50x