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+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against HTX+0.169%59s7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1561.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.169%, 7d avg +0.066%
Together, before fees−0.140%−$14 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 BloFin is 0.104% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.066%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 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-USDT0.035400.0100pay 0.0050% / 4h3h 09m$37K$274K20x
ShortBloFin BANK-USDT0.035460.0340get 0.0170% / 4h3h 09m$457K$160K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: +0.169% → +0.066%
$10.37
Slippage, 4 orders
−$132.41
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$95.64
Costs to cover
1.564%
Break-even
20.3 days
Slippage from HTX: live order book, 62 min ago; BloFin: live order book, 61 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, 62 min ago18.54 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 61 min ago1.43 bp12.0 bp −$1235.7 bp −$357doesn'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%4h0.03540+0.004%$56K$125K5xas long as short
Binance BANKUSDT+0.0100%4h0.03544+0.113%$8.0M$32.5M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03544+0.113%$2.9M$6.7M20xas long as short
Gate BANK_USDT+0.0100%4h0.03544+0.113%$728K$1.4M10xas long as short
MEXC BANK_USDT+0.0100%4h0.03543+0.085%$2.5M$594K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03542+0.056%$1.2M$184K50xas long as short
HTX BANK-USDTlong+0.0100%4h0.03540long leg$37K$274K20x
edgeX BANKUSDC+0.0118%4h0.03547+0.190%$1K$244K5xas long as short
BingX BANK-USDT+0.0174%4h0.03544+0.113%$6.9Mas long as short
Bitget BANKUSDT+0.0188%4h0.03550+0.282%$2.9M$3.5M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDTshort+0.0340%4h0.03546+0.169%$457K$160K50x