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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment $0.47 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against edgeX+0.028%83s7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4984.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.087%−$9 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.028%, 7d avg +0.105%
Together, before fees−0.115%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.077% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.105%). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BANKUSDC0.034590.0194pay 0.0097% / 4h3h 24m$1K$244K5x
ShortKuCoin BANKUSDTM0.034600.0100get 0.0050% / 4h3h 24m$1.2M$158K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$19.83
Price spread: +0.028% → +0.105%
−$7.68
Slippage, 4 orders
−$476.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$525.08
Costs to cover
4.976%
Break-even
never at this rate
Slippage from edgeX: live order book, 28 min ago; KuCoin: 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, 28 min ago7.18 bp81.7 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago14.46 bp145.0 bp −$145569.3 bp −$5,693doesn'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%4h0.03453−0.179%$54K$95K5xas long as short
Gate BANK_USDT+0.0100%4h0.03458−0.030%$719K$1.3M10xas long as short
KuCoin BANKUSDTMshort+0.0100%4h0.03460+0.028%$1.2M$158K50x
HTX BANK-USDT+0.0100%4h0.03460+0.028%$39K$233K20xas long as short
MEXC BANK_USDT+0.0182%4h0.03454−0.146%$2.5M$531K20xas long as short
Binance BANKUSDT+0.0184%4h0.03455−0.126%$7.6M$30.9M50xas long as short
edgeX BANKUSDClong+0.0194%4h0.03459long leg$1K$244K5x
BloFin BANK-USDT+0.0424%4h0.03463+0.114%$440K$77K50xas long as short
Bitget BANKUSDT+0.0692%4h0.03456−0.088%$2.8M$3.5M25xas long as short
Bybit BANKUSDT+0.0701%4h0.03457−0.059%$2.8M$6.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDT+0.0910%4h0.03453−0.175%$6.9Mas long as short