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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h +0.049%
Price spread now: Gate against HTX+0.086%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2612.611% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now +0.086%, 7d avg +0.091%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.18 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-USDT0.035040.0100pay 0.0050% / 4h7m 44s$36K$273K20x
ShortGate BANK_USDT0.035070.0336get 0.0168% / 4h7m 44s$716K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$49.56
Price spread: +0.086% → +0.091%
−$0.5
Slippage, 4 orders
−$234.09
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$212.03
Costs to cover
2.611%
Break-even
36.9 days
Slippage from HTX: live order book, 4 min ago; Gate: 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, 4 min ago18.54 bp56.4 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.28 bp65.8 bp −$66doesn't fitdoesn'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%4h0.03501−0.073%$56K$119K5xas long as short
Binance BANKUSDT+0.0100%4h0.03500−0.104%$7.9M$32.5M50xas long as short
Bybit BANKUSDT+0.0100%4h0.035040.000%$2.9M$6.7M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03499−0.143%$2.6M$616K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03506+0.057%$1.2M$185K50xas long as short
HTX BANK-USDTlong+0.0100%4h0.03504long leg$36K$273K20x
edgeX BANKUSDC+0.0111%4h0.03502−0.066%$1K$242K5xas long as short
Bitget BANKUSDT+0.0210%4h0.03501−0.086%$2.8M$3.4M25xas long as short
BingX BANK-USDT+0.0215%4h0.03507+0.086%$6.9Mas long as short
Gate BANK_USDTshort+0.0336%4h0.03507+0.086%$716K$1.4M10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03508+0.114%$449K$159K50xas long as short