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+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX+0.145%53s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1631.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.180%−$18 on $10k
Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.145%, 7d avg +0.015%
Together, before fees−0.322%−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.130% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.180%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BANK-USDT0.034510.0100pay 0.0050% / 4h2h 22m$40K$231K20x
ShortBinance BANKUSDT0.034560.0322get 0.0161% / 4h2h 22m$7.5M$31.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$46.57
Price spread: +0.145% → +0.015%
$12.96
Slippage, 4 orders
−$140.72
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$103.19
Costs to cover
1.627%
Break-even
22.5 days
Slippage from HTX: live order book, 24 min ago; 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 HTX live order book, 24 min ago28.99 bp99.9 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.45 bp13.9 bp −$1460.7 bp −$607doesn'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%4h0.03450−0.022%$54K$92K5xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03449−0.058%$1.1M$175K50xas long as short
HTX BANK-USDTlong+0.0100%4h0.03451long leg$40K$231K20x
Gate BANK_USDT+0.0160%4h0.03456+0.145%$721K$1.3M10xas long as short
MEXC BANK_USDT+0.0306%4h0.03456+0.145%$2.5M$511K20xas long as short
edgeX BANKUSDC+0.0313%4h0.03447−0.120%$1K$245K5xas long as short
Binance BANKUSDTshort+0.0322%4h0.03456+0.145%$7.5M$31.1M50x
BloFin BANK-USDT+0.0548%4h0.03455+0.116%$441K$82K50xas long as short
BingX BANK-USDT+0.0688%4h0.03455+0.116%$6.9Mas long as short
Bybit BANKUSDT+0.0744%4h0.03458+0.203%$2.8M$6.5M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDT+0.0764%4h0.03453+0.058%$2.8M$3.5M25xas long as short