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+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against Bybit+0.114%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$840.837% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 7 days−0.138%−$14 · spread now +0.114%, 7d avg −0.014%
Together, before fees+0.027%+$3 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 BingX is 0.129% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANKUSDT0.034970.0100pay 0.0050% / 4h1m 50s$2.9M$6.6M20x
ShortBingX BANK-USDT0.035010.0192get 0.0096% / 4h1m 50s$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$19.32
Price spread: +0.114% → −0.014%
$12.88
Slippage, 4 orders
−$62.75
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$51.55
Costs to cover
0.837%
Break-even
25.7 days
Slippage from Bybit: live order book, 6 min ago; BingX: live order book, 11 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 Bybit live order book, 6 min ago1.43 bp28.4 bp −$28228.7 bp −$2,287doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago2.86 bp14.0 bp −$1432.4 bp −$324430.1 bp −$43.0Kdoesn'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%4h0.03493−0.116%$56K$119K5xas long as short
Binance BANKUSDT+0.0100%4h0.03496−0.026%$7.9M$32.5M50xas long as short
Bybit BANKUSDTlong+0.0100%4h0.03497long leg$2.9M$6.6M20x
MEXC BANK_USDT+0.0100%4h0.03495−0.057%$2.6M$617K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03495−0.057%$1.2M$185K50xas long as short
HTX BANK-USDT+0.0100%4h0.03506+0.257%$36K$273K20xas long as short
edgeX BANKUSDC+0.0111%4h0.03503+0.184%$1K$243K5xas long as short
Bitget BANKUSDT+0.0184%4h0.03503+0.172%$2.8M$3.4M25xas long as short
BingX BANK-USDTshort+0.0192%4h0.03501+0.114%$6.9M
BloFin BANK-USDT+0.0340%4h0.03503+0.172%$448K$158K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BANK_USDT+0.0342%4h0.03500+0.086%$714K$1.4M10xas long as short