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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.055%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$860.860% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.007%−$1 · spread now +0.055%, 7d avg +0.049%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANKUSDT0.035060.0100pay 0.0050% / 4h3m 06s$7.9M$32.5M50x
ShortBybit BANKUSDT0.035080.0100get 0.0050% / 4h3m 06s$2.9M$6.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.055% → +0.049%
$0.61
Slippage, 4 orders
−$65.02
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$85.4
Costs to cover
0.860%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: 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, 8 min ago1.43 bp13.8 bp −$1454.7 bp −$547doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.43 bp28.6 bp −$29261.1 bp −$2,611doesn'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%4h0.03500−0.182%$56K$119K5xas long as short
Binance BANKUSDTlong+0.0100%4h0.03506long leg$7.9M$32.5M50x
Bybit BANKUSDTshort+0.0100%4h0.03508+0.055%$2.9M$6.7M20x
MEXC BANK_USDT+0.0100%4h0.03507+0.026%$2.6M$616K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03506−0.002%$1.2M$185K50xas long as short
HTX BANK-USDT+0.0100%4h0.03503−0.088%$36K$273K20xas long as short
edgeX BANKUSDC+0.0111%4h0.03503−0.076%$1K$243K5xas long as short
Bitget BANKUSDT+0.0188%4h0.03505−0.031%$2.8M$3.4M25xas long as short
BingX BANK-USDT+0.0212%4h0.03501−0.145%$6.9Mas long as short
Gate BANK_USDT+0.0336%4h0.03504−0.059%$715K$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03503−0.088%$448K$158K50xas long as short