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

BANK

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0209%/8h= −22.9% APRnext payment $1.05 per $10,000 · paid last 24h +0.021%
Price spread now: BloFin against Bitget0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$740.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now 0.000%, 7d avg +0.003%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.05 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
LongBitget BANKUSDT0.034800.0786pay 0.0393% / 4h2h 19m$2.8M$3.5M25x
ShortBloFin BANK-USDT0.034800.0577get 0.0288% / 4h2h 19m$440K$83K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$43.97
Price spread: 0.000% → +0.003%
−$0.32
Slippage, 4 orders
−$50.16
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$118.45
Costs to cover
0.742%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 7 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 Bitget live order book, 4 min ago2.89 bp24.9 bp −$25340.4 bp −$3,404doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago1.45 bp17.9 bp −$1839.8 bp −$398doesn'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%4h0.03474−0.172%$55K$90K5xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03470−0.287%$1.2M$175K50xas long as short
HTX BANK-USDT+0.0100%4h0.03457−0.661%$40K$231K20xas long as short
Gate BANK_USDT+0.0174%4h0.03473−0.201%$725K$1.3M10xas long as short
MEXC BANK_USDT+0.0326%4h0.03474−0.172%$2.5M$511K20xas long as short
Binance BANKUSDT+0.0337%4h0.03477−0.091%$7.6M$31.2M50xas long as short
edgeX BANKUSDC+0.0342%4h0.03459−0.593%$1K$246K5xas long as short
BloFin BANK-USDTshort+0.0577%4h0.034800.000%$440K$83K50x
BingX BANK-USDT+0.0712%4h0.03478−0.057%$6.9Mas long as short
Bitget BANKUSDTlong+0.0786%4h0.03480long leg$2.8M$3.5M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BANKUSDT+0.0972%4h0.03479−0.029%$2.9M$6.5M20xas long as short