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

BANK

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0265%/8h= +29.0% APRnext payment +$1.33 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against edgeX+0.143%84s7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2222.224% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 3 days (all we have)−0.227%−$23 · spread now +0.143%, 7d avg +0.093%
Together, before fees−0.167%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bitget is 0.050% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.093%. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 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 BANKUSDC0.035330.0117pay 0.0058% / 4h56m 14s$1K$241K5x
ShortBitget BANKUSDT0.035380.0382get 0.0191% / 4h56m 14s$2.8M$3.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$55.67
Price spread: +0.143% → +0.093%
$5.04
Slippage, 4 orders
−$201.38
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$161.66
Costs to cover
2.224%
Break-even
27.3 days
Slippage from edgeX: live order book, 21 min ago; Bitget: live order book, 1 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 edgeX live order book, 21 min ago7.09 bp89.2 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.24 bp29.5 bp −$29doesn'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%4h0.03532−0.030%$56K$120K5xas long as short
Binance BANKUSDT+0.0100%4h0.03536+0.086%$8.0M$33.0M50xas long as short
MEXC BANK_USDT+0.0100%4h0.03536+0.086%$2.6M$609K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03533+0.002%$1.2M$197K50xas long as short
HTX BANK-USDT+0.0100%4h0.03537+0.115%$37K$279K20xas long as short
edgeX BANKUSDClong+0.0117%4h0.03533long leg$1K$241K5x
Bybit BANKUSDT+0.0143%4h0.03536+0.086%$2.9M$6.7M20xas long as short
BloFin BANK-USDT+0.0340%4h0.03538+0.143%$449K$162K50xas long as short
BingX BANK-USDT+0.0380%4h0.03534+0.030%$6.9Mas long as short
Bitget BANKUSDTshort+0.0382%4h0.03538+0.143%$2.8M$3.4M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BANK_USDT+0.0664%4h0.03536+0.086%$720K$1.4M10xas long as short