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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against Binance+0.106%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$880.877% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 7 days−0.124%−$12 · spread now +0.106%, 7d avg +0.055%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.051% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANKUSDT0.035070.0100pay 0.0050% / 4h7m 25s$7.9M$32.5M50x
ShortBitget BANKUSDT0.035110.0204get 0.0102% / 4h7m 25s$2.8M$3.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$21.84
Price spread: +0.106% → +0.055%
$5.12
Slippage, 4 orders
−$65.66
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.7
Costs to cover
0.877%
Break-even
26.5 days
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 5 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 Binance live order book, 4 min ago1.43 bp13.8 bp −$1454.7 bp −$547doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.28 bp34.1 bp −$34doesn't fitdoesn't fitdoesn't fit

BANK on 11 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
Aster BANKUSDT+0.0100%4h0.03508+0.034%$56K$119K5xas long as short
Binance BANKUSDTlong+0.0100%4h0.03507long leg$7.9M$32.5M50x
Bybit BANKUSDT+0.0100%4h0.03508+0.020%$2.9M$6.7M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03507−0.008%$2.6M$616K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03506−0.037%$1.2M$185K50xas long as short
HTX BANK-USDT+0.0100%4h0.03504−0.094%$36K$273K20xas long as short
edgeX BANKUSDC+0.0116%4h0.03509+0.048%$1K$242K5xas long as short
Bitget BANKUSDTshort+0.0204%4h0.03511+0.106%$2.8M$3.4M25x
BingX BANK-USDT+0.0212%4h0.03507−0.008%$6.9Mas long as short
Gate BANK_USDT+0.0334%4h0.03507−0.008%$716K$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03508+0.020%$449K$159K50xas long as short