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+0.0228%/8h= +25.0% APRnext payment +$1.14 per $10,000 · paid last 24h +0.049%
Price spread now: Gate against Bybit−0.029%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2092.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$19 on $10k
Price spread, last 7 days+0.035%+$3 · spread now −0.029%, 7d avg +0.014%
Together, before fees+0.229%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.043% cheaper against Bybit than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.195% in total) that is about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANKUSDT0.035040.0100pay 0.0050% / 4h4m 59s$2.9M$6.7M20x
ShortGate BANK_USDT0.035030.0328get 0.0164% / 4h4m 59s$715K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$47.88
Price spread: −0.029% → +0.014%
−$4.26
Slippage, 4 orders
−$182.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$164.9
Costs to cover
2.085%
Break-even
31.1 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago1.43 bp28.4 bp −$28228.7 bp −$2,287doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago2.85 bp79.5 bp −$79doesn'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%4h0.03499−0.132%$56K$119K5xas long as short
Binance BANKUSDT+0.0100%4h0.03499−0.132%$7.9M$32.5M50xas long as short
Bybit BANKUSDTlong+0.0100%4h0.03504long leg$2.9M$6.7M20x
MEXC BANK_USDT+0.0100%4h0.03499−0.143%$2.6M$616K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03501−0.086%$1.2M$185K50xas long as short
HTX BANK-USDT+0.0100%4h0.03503−0.029%$36K$273K20xas long as short
edgeX BANKUSDC+0.0111%4h0.03503−0.016%$1K$243K5xas long as short
Bitget BANKUSDT+0.0196%4h0.03500−0.114%$2.8M$3.4M25xas long as short
BingX BANK-USDT+0.0212%4h0.03500−0.114%$6.9Mas long as short
Gate BANK_USDTshort+0.0328%4h0.03503−0.029%$715K$1.4M10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03503−0.029%$446K$158K50xas long as short