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 UTC+0.0229%/8h= +25.0% APRnext payment +$2.29 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.053%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1901.901% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.252%−$25 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.053%, 7d avg +0.038%
Together, before fees−0.292%−$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.252%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNT_USDT0.33940.0100pay 0.0100% / 8h3h 32m$109K$95K50x
ShortBybit BNTUSDT0.33960.0329get 0.0329% / 8h3h 32m$183K$86K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$48.02
Price spread: +0.053% → +0.038%
$1.52
Slippage, 4 orders
−$175.12
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$140.58
Costs to cover
1.901%
Break-even
27.5 days
Slippage from MEXC: live order book, 54 min ago; Bybit: live order book, 3 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, 54 min ago2.95 bp16.4 bp −$1665.6 bp −$656134.5 bp −$13.4K270.4 bp −$135.2K
Sell Bybit live order book, 3 min ago1.47 bp79.0 bp −$79doesn'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%8h0.3393−0.019%$930K$605K50xas long as short
Gate BNT_USDT+0.0100%8h0.3392−0.059%$38K$13K10xas long as short
MEXC BNT_USDTlong+0.0100%8h0.3394long leg$109K$95K50x
KuCoin BNTUSDTM+0.0100%8h0.3382−0.354%$114K$14K30xas long as short
Bitget BNTUSDT+0.0100%8h0.3392−0.059%$597K$24K50xas long as short
Bybit BNTUSDTshort+0.0329%8h0.3396+0.053%$183K$86K5x