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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.5% APRnext payment $0.07 per $10,000 · paid last 24h −0.004%
Price spread now: Bybit against edgeX−0.633%51s7-day average +0.105% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.495%+$50 · spread now −0.633%, 7d avg +0.105%
Together, before fees+0.472%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.738% cheaper against edgeX than usual: you would sell low and buy high (−$74 if the spread goes back to its 7-day average of +0.105%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BANKUSDC0.035320.0113pay 0.0057% / 4h48m 38s$1K$245K5x
ShortBybit BANKUSDT0.035100.0100get 0.0050% / 4h48m 38s$2.9M$6.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$2.78
Price spread: −0.633% → +0.105%
−$73.79
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$96.58
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 9 min ago; Bybit: live order book, 4 min ago. Net counts fees only.

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, 9 min ago8.50 bp83.1 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.42 bp23.3 bp −$23215.6 bp −$2,156doesn'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%4h0.03504−0.813%$55K$122K5xas long as short
Binance BANKUSDT+0.0100%4h0.03503−0.831%$7.8M$30.5M50xas long as short
Bybit BANKUSDTshort+0.0100%4h0.03510−0.633%$2.9M$6.4M20x
MEXC BANK_USDT+0.0100%4h0.03511−0.605%$2.5M$532K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03507−0.718%$1.2M$172K50xas long as short
HTX BANK-USDT+0.0100%4h0.03531−0.038%$41K$225K20xas long as short
edgeX BANKUSDClong+0.0113%4h0.03532long leg$1K$245K5x
Gate BANK_USDT+0.0194%4h0.03507−0.718%$723K$1.3M10xas long as short
BloFin BANK-USDT+0.0340%4h0.03501−0.888%$450K$71K50xas long as short
BingX BANK-USDT+0.0500%4h0.03503−0.831%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDT+0.0540%4h0.03505−0.774%$2.9M$3.4M25xas long as short