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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.95 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against HTX+0.171%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 3 days (all we have)−0.143%−$14 · spread now +0.171%, 7d avg +0.045%
Together, before fees−0.236%−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.126% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.093%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.093% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 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
LongHTX BANK-USDT0.035140.0100pay 0.0050% / 4h2h 30m$39K$286K20x
ShortBitget BANKUSDT0.035200.0290get 0.0145% / 4h2h 30m$2.9M$3.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$39.9
Price spread: +0.171% → +0.045%
$12.61
Slippage, 4 orders
−$149.98
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$121.47
Costs to cover
1.740%
Break-even
28.3 days
Slippage from HTX: live order book, 37 min ago; Bitget: live order book, 3 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, 37 min ago18.33 bp63.2 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.26 bp20.0 bp −$20doesn't fitdoesn't fitdoesn't fit

BANK on 10 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%4h0.03516+0.061%$55K$125K5xas long as short
Binance BANKUSDT+0.0100%4h0.03518+0.114%$7.9M$32.3M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03519+0.142%$2.9M$6.7M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03520+0.171%$2.5M$590K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03515+0.028%$1.2M$183K50xas long as short
HTX BANK-USDTlong+0.0100%4h0.03514long leg$39K$286K20x
edgeX BANKUSDC+0.0113%4h0.03530+0.451%$1K$244K5xas long as short
Gate BANK_USDT+0.0170%4h0.03517+0.085%$720K$1.4M10xas long as short
Bitget BANKUSDTshort+0.0290%4h0.03520+0.171%$2.9M$3.5M25x
BingX BANK-USDT+0.0292%4h0.035140.000%$6.9Mas long as short