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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%
Price spread now: Bybit against Gate+0.087%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1671.666% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.214%−$21 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.087%, 7d avg −0.014%
Together, before fees−0.270%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.101% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BANK_USDT0.034440.0100pay 0.0050% / 4h1h 51m$710K$1.2M10x
ShortBybit BANKUSDT0.034470.0100get 0.0050% / 4h1h 51m$2.9M$5.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.087% → −0.014%
$10.12
Slippage, 4 orders
−$140.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$156.45
Costs to cover
1.666%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago7.22 bp48.7 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.45 bp32.3 bp −$32255.3 bp −$2,553doesn't fitdoesn't fit

BANK on 11 exchanges

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%4h0.03441−0.084%$55K$77K5xas long as short
Binance BANKUSDT+0.0100%4h0.03442−0.058%$7.4M$27.0M50xas long as short
Bybit BANKUSDTshort+0.0100%4h0.03447+0.087%$2.9M$5.7M20x
Gate BANK_USDTlong+0.0100%4h0.03444long leg$710K$1.2M10x
MEXC BANK_USDT+0.0100%4h0.034440.000%$2.4M$413K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03442−0.058%$1.1M$171K50xas long as short
Bitget BANKUSDT+0.0100%4h0.03447+0.087%$2.7M$3.2M25xas long as short
BingX BANK-USDT+0.0100%4h0.034440.000%$6.8Mas long as short
HTX BANK-USDT+0.0100%4h0.03443−0.029%$40K$196K20xas long as short
edgeX BANKUSDC+0.0107%4h0.03465+0.623%$1K$246K5xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03454+0.290%$447K$85K50xas long as short