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: KuCoin against MEXC−0.412%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,338as in the Price arb table
costs, in and out, $10k−$1,30213.019% 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)+0.175%+$18 · spread now −0.412%, 7d avg −0.048%
Together, before fees+0.197%+$20 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: KuCoin is 0.364% cheaper against MEXC than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNT_USDT0.33970.0100pay 0.0100% / 8h3h 30m$109K$95K50x
ShortKuCoin BNTUSDTM0.33830.0100get 0.0100% / 8h3h 30m$114K$14K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.412% → −0.048%
−$36.41
Slippage, 4 orders
−$1,285.92
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,338.33
Costs to cover
13.019%
Break-even
never at this rate
Slippage from MEXC: live order book, 55 min ago; KuCoin: live order book, 34 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, 55 min ago2.95 bp16.4 bp −$1665.6 bp −$656134.5 bp −$13.4K270.4 bp −$135.2K
Sell KuCoin live order book, 34 min ago41.27 bp247.1 bp −$247doesn'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%8h0.3396−0.029%$931K$606K50xas long as short
Gate BNT_USDT+0.0100%8h0.3393−0.118%$38K$13K10xas long as short
MEXC BNT_USDTlong+0.0100%8h0.3397long leg$109K$95K50x
KuCoin BNTUSDTMshort+0.0100%8h0.3383−0.412%$114K$14K30x
Bitget BNTUSDT+0.0100%8h0.3392−0.147%$597K$24K50xas long as short
Bybit BNTUSDT+0.0326%8h0.3399+0.068%$183K$86K5xas long as short