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+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.014%
Price spread now: Bitget against KuCoin+0.199%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$370as in the Price arb table
costs, in and out, $10k−$3863.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 7 days−0.254%−$25 · spread now +0.199%, 7d avg +0.033%
Together, before fees−0.101%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.166% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANKUSDTM0.035160.0100pay 0.0050% / 4h3h 37m$1.2M$184K50x
ShortBitget BANKUSDT0.035230.0158get 0.0079% / 4h3h 37m$2.8M$3.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$12.18
Price spread: +0.199% → +0.033%
$16.64
Slippage, 4 orders
−$362.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$357.43
Costs to cover
3.863%
Break-even
212.4 days
Slippage from KuCoin: live order book, 7 min ago; Bitget: live order book, 5 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, 7 min ago11.39 bp164.6 bp −$165870.4 bp −$8,704doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.26 bp21.8 bp −$22doesn'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%4h0.03512−0.126%$56K$120K5xas long as short
Binance BANKUSDT+0.0100%4h0.03518+0.054%$7.9M$32.4M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03510−0.171%$2.9M$6.7M20xas long as short
Gate BANK_USDT+0.0100%4h0.03519+0.085%$720K$1.4M10xas long as short
MEXC BANK_USDT+0.0100%4h0.03518+0.057%$2.6M$582K20xas long as short
KuCoin BANKUSDTMlong+0.0100%4h0.03516long leg$1.2M$184K50x
HTX BANK-USDT+0.0100%4h0.03519+0.085%$36K$273K20xas long as short
edgeX BANKUSDC+0.0119%4h0.03514−0.064%$1K$242K5xas long as short
Bitget BANKUSDTshort+0.0158%4h0.03523+0.199%$2.8M$3.4M25x
BingX BANK-USDT+0.0184%4h0.03513−0.085%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03514−0.057%$452K$158K50xas long as short