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

BANK

all BANK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0526%/8h= −57.6% APRnext payment $2.63 per $10,000 · paid last 24h −0.001%
Price spread now: HTX against Bybit+0.203%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1981.985% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.180%+$18 on $10k
Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.203%, 7d avg −0.068%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.271% dearer against Bybit than usual: you sell high and buy low (spread +0.203% now, against its 7-day average of −0.068%): +$27 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 41 hours. Mind the row above: over the last 7 days funding on this pair paid +0.180%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.180% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.63 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
LongBybit BANKUSDT0.034530.0626pay 0.0313% / 4h3h 25m$2.8M$6.4M20x
ShortHTX BANK-USDT0.034600.0100get 0.0050% / 4h3h 25m$39K$233K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$110.45
Price spread: +0.203% → −0.068%
$27.1
Slippage, 4 orders
−$175.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$281.81
Costs to cover
1.985%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 26 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, 2 min ago1.45 bp25.1 bp −$25282.4 bp −$2,824doesn't fitdoesn't fit
Sell HTX live order book, 26 min ago17.26 bp54.8 bp −$55doesn'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%4h0.03454+0.021%$54K$95K5xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03457+0.116%$1.2M$158K50xas long as short
HTX BANK-USDTshort+0.0100%4h0.03460+0.203%$39K$233K20x
Gate BANK_USDT+0.0124%4h0.03463+0.290%$720K$1.3M10xas long as short
Binance BANKUSDT+0.0184%4h0.03456+0.098%$7.6M$30.9M50xas long as short
MEXC BANK_USDT+0.0190%4h0.03457+0.116%$2.5M$531K20xas long as short
edgeX BANKUSDC+0.0206%4h0.03464+0.319%$1K$244K5xas long as short
BloFin BANK-USDT+0.0431%4h0.03463+0.290%$439K$77K50xas long as short
Bybit BANKUSDTlong+0.0626%4h0.03453long leg$2.8M$6.4M20x
Bitget BANKUSDT+0.0690%4h0.03459+0.174%$2.8M$3.5M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDT+0.0910%4h0.03458+0.145%$6.9Mas long as short