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−0.0305%/8h= −33.4% APRnext payment $1.53 per $10,000 · paid last 24h −0.045%
Price spread now: edgeX against Gate−0.166%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4044.036% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.171%−$17 on $10k
Price spread, last 3 days (all we have)+0.225%+$23 · spread now −0.166%, 7d avg −0.134%
Together, before fees+0.054%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and edgeX is 0.032% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.134%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.171% in total (about -8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.53 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
LongGate BANK_USDT0.035440.0406pay 0.0203% / 4h2h 31m$726K$1.5M10x
ShortedgeX BANKUSDC0.035380.0101get 0.0050% / 4h2h 31m$1K$242K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$64.09
Price spread: −0.166% → −0.134%
−$3.23
Slippage, 4 orders
−$379.58
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$470.91
Costs to cover
4.036%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 55 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, 1 min ago5.65 bp166.6 bp −$167doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 55 min ago8.61 bp79.7 bp −$80doesn'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%4h0.03539−0.129%$56K$120K5xas long as short
Binance BANKUSDT+0.0100%4h0.03541−0.092%$8.0M$33.5M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03540−0.113%$2.9M$6.8M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03536−0.226%$2.5M$635K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03537−0.198%$1.2M$201K50xas long as short
Bitget BANKUSDT+0.0100%4h0.03542−0.056%$2.8M$3.5M25xas long as short
BingX BANK-USDT+0.0100%4h0.03539−0.141%$6.9Mas long as short
HTX BANK-USDT+0.0100%4h0.03539−0.141%$37K$284K20xas long as short
edgeX BANKUSDCshort+0.0101%4h0.03538−0.166%$1K$242K5x
BloFin BANK-USDT+0.0340%4h0.03530−0.395%$452K$160K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BANK_USDTlong+0.0406%4h0.03544long leg$726K$1.5M10x