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−0.0142%/8h= −15.5% APRnext payment $0.71 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against BloFin−0.056%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1561.560% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.056%, 7d avg +0.023%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.079% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BANK-USDT0.035430.0340pay 0.0170% / 4h3h 02m$458K$136K50x
ShortGate BANK_USDT0.035410.0198get 0.0099% / 4h3h 02m$730K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$29.82
Price spread: −0.056% → +0.023%
−$7.9
Slippage, 4 orders
−$128.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$193.7
Costs to cover
1.560%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Gate: 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 BloFin live order book, 3 min ago2.82 bp10.2 bp −$1035.2 bp −$352doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago4.22 bp63.5 bp −$64doesn'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%4h0.03542−0.042%$56K$125K5xas long as short
Binance BANKUSDT+0.0100%4h0.03535−0.235%$8.0M$32.5M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03541−0.056%$2.9M$6.7M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03541−0.056%$2.6M$603K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.035430.000%$1.2M$184K50xas long as short
HTX BANK-USDT+0.0100%4h0.03551+0.226%$37K$273K20xas long as short
edgeX BANKUSDC+0.0120%4h0.03549+0.178%$1K$243K5xas long as short
Gate BANK_USDTshort+0.0198%4h0.03541−0.056%$730K$1.4M10x
BingX BANK-USDT+0.0254%4h0.03540−0.085%$6.9Mas long as short
Bitget BANKUSDT+0.0266%4h0.03542−0.028%$2.9M$3.5M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDTlong+0.0340%4h0.03543long leg$458K$136K50x