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

BANK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0395%/8h= +43.2% APRnext payment +$1.97 per $10,000 · paid last 24h +0.032%
Price spread now: BingX against edgeX+0.185%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1891.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 4 days (all we have)−0.286%−$29 · spread now +0.185%, 7d avg +0.101%
Together, before fees−0.118%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.084% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.101%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.97 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
LongedgeX BANKUSDC0.034310.0267pay 0.0134% / 4h2h 57m$1K$247K5x
ShortBingX BANK-USDT0.034370.0662get 0.0331% / 4h2h 57m$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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
$82.92
Price spread: +0.185% → +0.101%
$8.37
Slippage, 4 orders
−$169.53
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$97.24
Costs to cover
1.885%
Break-even
15.2 days
Slippage from edgeX: live order book, 55 min ago; BingX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 55 min ago7.18 bp81.7 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, just now2.91 bp13.1 bp −$1338.6 bp −$386400.7 bp −$40.1Kdoesn'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%4h0.03431+0.021%$54K$93K5xas long as short
Gate BANK_USDT+0.0100%4h0.03434+0.098%$715K$1.3M10xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03432+0.039%$1.2M$154K50xas long as short
HTX BANK-USDT+0.0100%4h0.03433+0.069%$39K$231K20xas long as short
Binance BANKUSDT+0.0255%4h0.03438+0.214%$7.5M$31.2M50xas long as short
MEXC BANK_USDT+0.0256%4h0.03438+0.214%$2.5M$506K20xas long as short
edgeX BANKUSDClong+0.0267%4h0.03431long leg$1K$247K5x
Bybit BANKUSDT+0.0486%4h0.03437+0.185%$2.8M$6.5M20xas long as short
BloFin BANK-USDT+0.0495%4h0.03433+0.069%$438K$78K50xas long as short
BingX BANK-USDTshort+0.0662%4h0.03437+0.185%$6.9M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDT+0.0696%4h0.03436+0.156%$2.8M$3.5M25xas long as short