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−0.0379%/8h= −41.5% APRnext payment $1.90 per $10,000 · paid last 24h −0.011%
Price spread now: edgeX against BingX−0.150%7-day average −0.101% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.147%−$15 on $10k
Price spread, last 4 days (all we have)+0.265%+$26 · spread now −0.150%, 7d avg −0.101%
Together, before fees+0.118%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.90 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
LongBingX BANK-USDT0.035030.0490pay 0.0245% / 4h39m 08s$6.9M
ShortedgeX BANKUSDC0.034980.0111get 0.0055% / 4h39m 08s$1K$244K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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
−$79.6
Price spread: −0.150% → −0.101%
−$4.85
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$103.45
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 14 min ago; edgeX: live order book, 18 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago2.83 bp11.3 bp −$1136.7 bp −$367525.9 bp −$52.6Kdoesn't fit
Sell edgeX live order book, 18 min ago8.50 bpdoesn't fitdoesn'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%4h0.03499−0.127%$55K$98K5xas long as short
Binance BANKUSDT+0.0100%4h0.03493−0.281%$7.8M$30.7M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03496−0.200%$2.8M$6.4M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03499−0.114%$2.6M$541K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03498−0.143%$1.2M$173K50xas long as short
HTX BANK-USDT+0.0100%4h0.03499−0.114%$39K$225K20xas long as short
edgeX BANKUSDCshort+0.0111%4h0.03498−0.150%$1K$244K5x
Gate BANK_USDT+0.0170%4h0.03501−0.057%$721K$1.3M10xas long as short
BloFin BANK-USDT+0.0340%4h0.03500−0.086%$455K$71K50xas long as short
BingX BANK-USDTlong+0.0490%4h0.03503long leg$6.9M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDT+0.0512%4h0.03502−0.029%$2.8M$3.4M25xas long as short