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+0.0172%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h −0.071%
Price spread now: MEXC against Gate−0.086%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1771.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.216%−$22 on $10k
Price spread, last 7 days+0.068%+$7 · spread now −0.086%, 7d avg −0.050%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.036% cheaper against Gate than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.050%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.216%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BANK_USDT0.034780.0170pay 0.0085% / 4h2h 16m$726K$1.3M10x
ShortMEXC BANK_USDT0.034750.0342get 0.0171% / 4h2h 16m$2.5M$511K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$36.12
Price spread: −0.086% → −0.050%
−$3.65
Slippage, 4 orders
−$161.68
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$144.21
Costs to cover
1.767%
Break-even
34.9 days
Slippage from Gate: live order book, 1 min ago; MEXC: 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 Gate live order book, 1 min ago7.18 bp105.1 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.44 bp7.3 bp −$729.1 bp −$29190.1 bp −$9,011341.2 bp −$170.6K

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%4h0.03474−0.115%$55K$90K5xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03470−0.230%$1.2M$175K50xas long as short
HTX BANK-USDT+0.0100%4h0.03475−0.086%$40K$231K20xas long as short
Gate BANK_USDTlong+0.0170%4h0.03478long leg$726K$1.3M10x
edgeX BANKUSDC+0.0342%4h0.03459−0.536%$1K$246K5xas long as short
MEXC BANK_USDTshort+0.0342%4h0.03475−0.086%$2.5M$511K20x
Binance BANKUSDT+0.0344%4h0.03471−0.193%$7.6M$31.2M50xas long as short
BloFin BANK-USDT+0.0583%4h0.03477−0.029%$437K$83K50xas long as short
Bitget BANKUSDT+0.0796%4h0.03475−0.086%$2.8M$3.5M25xas long as short
BingX BANK-USDT+0.0924%4h0.03476−0.058%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BANKUSDT+0.0937%4h0.03475−0.086%$2.9M$6.5M20xas long as short