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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.071%
Price spread now: KuCoin against Gate−0.144%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$402as in the Price arb table
costs, in and out, $10k−$3923.921% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.280%−$28 on $10k
Price spread, last 7 days+0.144%+$14 · spread now −0.144%, 7d avg −0.044%
Together, before fees−0.137%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.100% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BANK_USDT0.034780.0100pay 0.0050% / 4h38m 45s$721K$1.3M10x
ShortKuCoin BANKUSDTM0.034730.0100get 0.0050% / 4h38m 45s$1.2M$189K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.144% → −0.044%
−$10.02
Slippage, 4 orders
−$365.11
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$402.13
Costs to cover
3.921%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 6 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, 3 min ago5.75 bp58.3 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago11.50 bp132.6 bp −$133598.1 bp −$5,981doesn'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
Gate BANK_USDTlong+0.0100%4h0.03478long leg$721K$1.3M10x
KuCoin BANKUSDTMshort+0.0100%4h0.03473−0.144%$1.2M$189K50x
HTX BANK-USDT+0.0100%4h0.034780.000%$40K$229K20xas long as short
Aster BANKUSDT+0.0111%4h0.03473−0.149%$56K$96K5xas long as short
MEXC BANK_USDT+0.0148%4h0.03470−0.230%$2.5M$487K20xas long as short
Binance BANKUSDT+0.0150%4h0.03472−0.187%$7.6M$31.5M50xas long as short
edgeX BANKUSDC+0.0155%4h0.03480+0.065%$1K$246K5xas long as short
Bitget BANKUSDT+0.0368%4h0.03473−0.144%$2.8M$3.6M25xas long as short
Bybit BANKUSDT+0.0387%4h0.03475−0.086%$3.0M$6.6M20xas long as short
BloFin BANK-USDT+0.0390%4h0.03477−0.029%$442K$91K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDT+0.0390%4h0.03480+0.058%$6.9Mas long as short