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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0202%/8h= −22.1% APRnext payment $1.01 per $10,000 · paid last 24h −0.015%
Price spread now: HTX against BingX+0.341%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1501.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 3 days (all we have)−0.341%−$34 · spread now +0.341%, 7d avg −0.062%
Together, before fees−0.330%−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.403% dearer against BingX than usual: you sell high and buy low (spread +0.341% now, against its 7-day average of −0.062%): +$40 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BANK-USDT0.035190.0302pay 0.0151% / 4h2h 19m$6.9M
ShortHTX BANK-USDT0.035310.0100get 0.0050% / 4h2h 19m$40K$269K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$42.42
Price spread: +0.341% → −0.062%
$40.33
Slippage, 4 orders
−$127.56
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$151.65
Costs to cover
1.496%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; HTX: live order book, 47 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, 3 min ago2.83 bp12.1 bp −$1235.9 bp −$359496.0 bp −$49.6Kdoesn't fit
Sell HTX live order book, 47 min ago18.33 bp63.2 bp −$63doesn't fitdoesn't fitdoesn't fit

BANK on 10 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%4h0.03515−0.121%$55K$125K5xas long as short
Binance BANKUSDT+0.0100%4h0.03520+0.028%$7.9M$32.2M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03516−0.085%$2.9M$6.6M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03523+0.114%$2.5M$591K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03527+0.227%$1.2M$178K50xas long as short
HTX BANK-USDTshort+0.0100%4h0.03531+0.341%$40K$269K20x
edgeX BANKUSDC+0.0110%4h0.03529+0.276%$1K$244K5xas long as short
Gate BANK_USDT+0.0246%4h0.03521+0.057%$721K$1.4M10xas long as short
Bitget BANKUSDT+0.0302%4h0.03525+0.171%$2.9M$3.5M25xas long as short
BingX BANK-USDTlong+0.0302%4h0.03519long leg$6.9M