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

BANK

all BANK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.070%
Price spread now: BloFin against Bybit0.000%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$780.777% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.168%+$17 · spread now 0.000%, 7d avg −0.015%
Together, before fees+0.331%+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 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
LongBybit BANKUSDT0.034660.0100pay 0.0050% / 4h3h 37m$3.0M$6.5M20x
ShortBloFin BANK-USDT0.034660.0340get 0.0170% / 4h3h 37m$444K$91K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$50.4
Price spread: 0.000% → −0.015%
$1.47
Slippage, 4 orders
−$54.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.85
Costs to cover
0.777%
Break-even
10.6 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 38 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 Bybit live order book, 1 min ago1.44 bp28.5 bp −$29236.0 bp −$2,360doesn't fitdoesn't fit
Sell BloFin live order book, 38 min ago1.44 bp15.2 bp −$1533.6 bp −$336doesn'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%4h0.03469+0.087%$56K$97K5xas long as short
Binance BANKUSDT+0.0100%4h0.03470+0.107%$7.5M$31.1M50xas long as short
Bybit BANKUSDTlong+0.0100%4h0.03466long leg$3.0M$6.5M20x
Gate BANK_USDT+0.0100%4h0.03468+0.058%$725K$1.3M10xas long as short
MEXC BANK_USDT+0.0100%4h0.03468+0.058%$2.5M$485K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.034660.000%$1.2M$187K50xas long as short
HTX BANK-USDT+0.0100%4h0.03463−0.087%$40K$228K20xas long as short
edgeX BANKUSDC+0.0119%4h0.03467+0.017%$1K$247K5xas long as short
Bitget BANKUSDT+0.0128%4h0.03470+0.115%$2.8M$3.6M25xas long as short
BingX BANK-USDT+0.0128%4h0.03470+0.115%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDTshort+0.0340%4h0.034660.000%$444K$91K50x