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 08:00 UTC+0.0709%/8h= +77.6% APRnext payment +$3.55 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against edgeX+0.042%81s7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2182.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 4 days (all we have)−0.160%−$16 · spread now +0.042%, 7d avg +0.105%
Together, before fees−0.182%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.063% cheaper against edgeX than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.105%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$21 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.55 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
LongedgeX BANKUSDC0.034520.0284pay 0.0142% / 4h2h 50m$1K$246K5x
ShortBybit BANKUSDT0.034530.0993get 0.0497% / 4h2h 50m$2.8M$6.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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
$148.89
Price spread: +0.042% → +0.105%
−$6.29
Slippage, 4 orders
−$198.13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$75.53
Costs to cover
2.181%
Break-even
10.6 days
Slippage from edgeX: live order book, 62 min ago; Bybit: live order book, 3 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 edgeX live order book, 62 min ago7.18 bp81.7 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.45 bp28.5 bp −$29210.0 bp −$2,100doesn'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%4h0.03450−0.049%$54K$93K5xas long as short
Gate BANK_USDT+0.0100%4h0.03454+0.071%$720K$1.3M10xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03450−0.044%$1.2M$152K50xas long as short
HTX BANK-USDT+0.0100%4h0.03454+0.071%$40K$231K20xas long as short
edgeX BANKUSDClong+0.0284%4h0.03452long leg$1K$246K5x
MEXC BANK_USDT+0.0292%4h0.03453+0.042%$2.5M$507K20xas long as short
Binance BANKUSDT+0.0297%4h0.03452+0.014%$7.5M$31.2M50xas long as short
BloFin BANK-USDT+0.0532%4h0.03454+0.071%$436K$78K50xas long as short
Bitget BANKUSDT+0.0744%4h0.03455+0.100%$2.8M$3.5M25xas long as short
BingX BANK-USDT+0.0794%4h0.03453+0.042%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BANKUSDTshort+0.0993%4h0.03453+0.042%$2.8M$6.5M20x