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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Bybit−0.145%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$3843.845% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 7 days+0.108%+$11 · spread now −0.145%, 7d avg −0.028%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.117% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANKUSDT0.034500.0100pay 0.0050% / 4h1h 53m$2.9M$5.7M20x
ShortKuCoin BANKUSDTM0.034450.0100get 0.0050% / 4h1h 53m$1.2M$172K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.145% → −0.028%
−$11.71
Slippage, 4 orders
−$361.45
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$396.16
Costs to cover
3.845%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 5 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 ago1.45 bp21.3 bp −$21247.7 bp −$2,477doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago12.98 bp163.1 bp −$163600.2 bp −$6,002doesn't fitdoesn't fit

BANK on 11 exchanges

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%4h0.03449−0.025%$55K$77K5xas long as short
Binance BANKUSDT+0.0100%4h0.03449−0.043%$7.5M$27.0M50xas long as short
Bybit BANKUSDTlong+0.0100%4h0.03450long leg$2.9M$5.7M20x
Gate BANK_USDT+0.0100%4h0.03447−0.087%$711K$1.2M10xas long as short
MEXC BANK_USDT+0.0100%4h0.03442−0.232%$2.4M$413K20xas long as short
KuCoin BANKUSDTMshort+0.0100%4h0.03445−0.145%$1.2M$172K50x
Bitget BANKUSDT+0.0100%4h0.03446−0.116%$2.7M$3.2M25xas long as short
BingX BANK-USDT+0.0100%4h0.034500.000%$6.8Mas long as short
HTX BANK-USDT+0.0100%4h0.03466+0.464%$40K$196K20xas long as short
edgeX BANKUSDC+0.0107%4h0.03465+0.448%$1K$246K5xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03454+0.116%$447K$85K50xas long as short