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+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h +0.039%
Price spread now: Gate against BingX+0.085%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2662.662% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days−0.055%−$6 · spread now +0.085%, 7d avg +0.029%
Together, before fees−0.026%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.057% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BANK-USDT0.035220.0302pay 0.0151% / 4h29m 33s$6.9M
ShortGate BANK_USDT0.035250.0426get 0.0213% / 4h29m 33s$718K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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
$26.04
Price spread: +0.085% → +0.029%
$5.66
Slippage, 4 orders
−$241.22
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$234.52
Costs to cover
2.662%
Break-even
70.0 days
Slippage from BingX: live order book, 8 min ago; Gate: 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 BingX live order book, 8 min ago4.26 bp13.4 bp −$1337.7 bp −$377512.3 bp −$51.2Kdoesn't fit
Sell Gate live order book, 3 min ago8.51 bp145.8 bp −$146doesn'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%4h0.03522+0.002%$56K$119K5xas long as short
Binance BANKUSDT+0.0100%4h0.03522+0.014%$8.0M$32.5M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03523+0.028%$2.9M$6.6M20xas long as short
MEXC BANK_USDT+0.0100%4h0.035220.000%$2.6M$613K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.035220.000%$1.2M$189K50xas long as short
HTX BANK-USDT+0.0100%4h0.03523+0.028%$36K$274K20xas long as short
edgeX BANKUSDC+0.0108%4h0.03522+0.004%$1K$243K5xas long as short
Bitget BANKUSDT+0.0288%4h0.03525+0.085%$2.8M$3.4M25xas long as short
BingX BANK-USDTlong+0.0302%4h0.03522long leg$6.9M
BloFin BANK-USDT+0.0340%4h0.03523+0.028%$451K$160K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BANK_USDTshort+0.0426%4h0.03525+0.085%$718K$1.4M10x