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+0.0188%/8h= +20.6% APRnext payment +$0.94 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against KuCoin+0.057%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$3163.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.230%+$23 on $10k
Price spread, last 7 days−0.063%−$6 · spread now +0.057%, 7d avg +0.012%
Together, before fees+0.167%+$17 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 BingX is 0.045% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANKUSDTM0.035200.0100pay 0.0050% / 4h25m 55s$1.2M$185K50x
ShortBingX BANK-USDT0.035220.0288get 0.0144% / 4h25m 55s$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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
$39.48
Price spread: +0.057% → +0.012%
$4.48
Slippage, 4 orders
−$293.87
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$271.91
Costs to cover
3.159%
Break-even
55.2 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 12 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 KuCoin live order book, 4 min ago14.20 bp130.4 bp −$130843.0 bp −$8,430doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago4.26 bp13.9 bp −$1445.8 bp −$458478.2 bp −$47.8Kdoesn'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%4h0.03520+0.002%$56K$119K5xas long as short
Binance BANKUSDT+0.0100%4h0.03520−0.008%$8.0M$32.5M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03521+0.028%$2.9M$6.6M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03519−0.028%$2.6M$613K20xas long as short
KuCoin BANKUSDTMlong+0.0100%4h0.03520long leg$1.2M$185K50x
HTX BANK-USDT+0.0100%4h0.03524+0.114%$36K$274K20xas long as short
edgeX BANKUSDC+0.0106%4h0.03523+0.072%$1K$241K5xas long as short
Bitget BANKUSDT+0.0278%4h0.03521+0.028%$2.8M$3.4M25xas long as short
BingX BANK-USDTshort+0.0288%4h0.03522+0.057%$6.9M
BloFin BANK-USDT+0.0340%4h0.03523+0.085%$452K$160K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BANK_USDT+0.0410%4h0.03523+0.085%$718K$1.4M10xas long as short