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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0234%/8h= −25.6% APRnext payment $1.17 per $10,000 · paid last 24h −0.049%
Price spread now: Binance against Gate−0.201%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1811.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.194%−$19 on $10k
Price spread, last 7 days+0.147%+$15 · spread now −0.201%, 7d avg −0.063%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.138% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BANK_USDT0.035070.0334pay 0.0167% / 4h7m 05s$716K$1.4M10x
ShortBinance BANKUSDT0.035000.0100get 0.0050% / 4h7m 05s$7.9M$32.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
−$49.14
Price spread: −0.201% → −0.063%
−$13.85
Slippage, 4 orders
−$155.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$243.55
Costs to cover
1.806%
Break-even
never at this rate
Slippage from Gate: live order book, just now; Binance: live order book, 4 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 Gate live order book, just now2.85 bp72.0 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.43 bp15.2 bp −$1545.2 bp −$452doesn'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%4h0.03508+0.029%$56K$119K5xas long as short
Binance BANKUSDTshort+0.0100%4h0.03500−0.201%$7.9M$32.5M50x
Bybit BANKUSDT+0.0100%4h0.03502−0.143%$2.9M$6.7M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03505−0.057%$2.6M$616K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03505−0.057%$1.2M$185K50xas long as short
HTX BANK-USDT+0.0100%4h0.03504−0.086%$36K$273K20xas long as short
edgeX BANKUSDC+0.0116%4h0.03509+0.056%$1K$242K5xas long as short
Bitget BANKUSDT+0.0204%4h0.03499−0.228%$2.8M$3.4M25xas long as short
BingX BANK-USDT+0.0212%4h0.035070.000%$6.9Mas long as short
Gate BANK_USDTlong+0.0334%4h0.03507long leg$716K$1.4M10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03508+0.029%$449K$159K50xas long as short