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+0.0750%/8h= +82.1% APRnext payment +$3.75 per $10,000 · paid last 24h −0.035%
Price spread now: BingX against Gate+0.029%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 7 days+0.002%$0 · spread now +0.029%, 7d avg −0.029%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.75 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
LongGate BANK_USDT0.034730.0104pay 0.0052% / 4h1h 50m$728K$1.3M10x
ShortBingX BANK-USDT0.034740.0854get 0.0427% / 4h1h 50m$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$157.5
Price spread: +0.029% → −0.029%
$5.75
Slippage, 4 orders
−$116.85
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
$21.4
Costs to cover
1.419%
Break-even
6.0 days
Slippage from Gate: live order book, 2 min ago; BingX: 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 Gate live order book, 2 min ago8.61 bp61.7 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago4.31 bp11.9 bp −$1239.8 bp −$398446.0 bp −$44.6Kdoesn'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%4h0.03468−0.133%$54K$89K5xas long as short
KuCoin BANKUSDTM+0.0100%4h0.034730.000%$1.2M$191K50xas long as short
HTX BANK-USDT+0.0100%4h0.03481+0.230%$40K$231K20xas long as short
Gate BANK_USDTlong+0.0104%4h0.03473long leg$728K$1.3M10x
MEXC BANK_USDT+0.0330%4h0.03471−0.058%$2.5M$490K20xas long as short
Binance BANKUSDT+0.0332%4h0.03472−0.039%$7.6M$31.2M50xas long as short
edgeX BANKUSDC+0.0355%4h0.03481+0.217%$1K$246K5xas long as short
BloFin BANK-USDT+0.0572%4h0.03480+0.202%$445K$89K50xas long as short
Bitget BANKUSDT+0.0782%4h0.03478+0.144%$2.8M$3.5M25xas long as short
Bybit BANKUSDT+0.0809%4h0.03468−0.144%$2.8M$6.5M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDTshort+0.0854%4h0.03474+0.029%$6.9M