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+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: edgeX against KuCoin+0.237%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$472as in the Funding arb table
Net, price: spread back to 7d avg − costs−$446as in the Price arb table
costs, in and out, $10k−$4814.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.237%, 7d avg −0.111%
Together, before fees+0.020%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.348% dearer against KuCoin than usual: you sell high and buy low, +$35 on $10k if it goes back to its 7-day average of −0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANKUSDTM0.035190.0100pay 0.0050% / 4h1h 53m$1.2M$176K50x
ShortedgeX BANKUSDC0.035270.0103get 0.0052% / 4h1h 53m$1K$244K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0.71
Price spread: +0.237% → −0.111%
$34.78
Slippage, 4 orders
−$460
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$445.51
Costs to cover
4.810%
Break-even
4400.6 days
Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 9 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, 2 min ago12.76 bp165.1 bp −$165802.9 bp −$8,029doesn't fitdoesn't fit
Sell edgeX live order book, 9 min ago9.89 bp82.1 bp −$82doesn'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%4h0.03521+0.057%$56K$125K5xas long as short
Binance BANKUSDT+0.0100%4h0.03515−0.120%$7.9M$31.7M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03517−0.057%$2.9M$6.6M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03516−0.085%$2.5M$571K20xas long as short
KuCoin BANKUSDTMlong+0.0100%4h0.03519long leg$1.2M$176K50x
HTX BANK-USDT+0.0100%4h0.03533+0.398%$41K$253K20xas long as short
edgeX BANKUSDCshort+0.0103%4h0.03527+0.237%$1K$244K5x
Gate BANK_USDT+0.0144%4h0.03523+0.114%$723K$1.3M10xas long as short
BingX BANK-USDT+0.0418%4h0.03518−0.028%$6.9Mas long as short
Bitget BANKUSDT+0.0448%4h0.03520+0.028%$2.9M$3.5M25xas long as short