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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment $0.11 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Binance−0.060%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1321.325% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.180%+$18 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.060%, 7d avg −0.018%
Together, before fees+0.250%+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.042% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.018%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.180%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANKUSDT0.034730.0123pay 0.0061% / 4h34m 17s$7.6M$31.5M50x
ShortHTX BANK-USDT0.034710.0100get 0.0050% / 4h34m 17s$40K$229K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
−$4.82
Price spread: −0.060% → −0.018%
−$4.22
Slippage, 4 orders
−$110.48
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$141.52
Costs to cover
1.325%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; HTX: live order book, 2 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 Binance live order book, 7 min ago1.44 bp14.7 bp −$1564.3 bp −$643doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago24.44 bp30.4 bp −$30doesn'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%4h0.03470−0.084%$56K$97K5xas long as short
Gate BANK_USDT+0.0100%4h0.03471−0.060%$720K$1.3M10xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03471−0.060%$1.2M$189K50xas long as short
HTX BANK-USDTshort+0.0100%4h0.03471−0.060%$40K$229K20x
Binance BANKUSDTlong+0.0123%4h0.03473long leg$7.6M$31.5M50x
MEXC BANK_USDT+0.0134%4h0.03472−0.032%$2.5M$487K20xas long as short
edgeX BANKUSDC+0.0153%4h0.03472−0.043%$1K$247K5xas long as short
Bybit BANKUSDT+0.0296%4h0.03470−0.089%$3.0M$6.6M20xas long as short
Bitget BANKUSDT+0.0336%4h0.03473−0.003%$2.8M$3.6M25xas long as short
BloFin BANK-USDT+0.0375%4h0.03469−0.118%$441K$90K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDT+0.0376%4h0.03469−0.118%$6.9Mas long as short