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−0.0164%/8h= −18.0% APRnext payment $0.82 per $10,000 · paid last 24h −0.071%
Price spread now: HTX against Gate−0.288%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$409as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4064.060% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$4 on $10k
Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.288%, 7d avg −0.088%
Together, before fees+0.208%+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and HTX is 0.201% cheaper against Gate than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.088%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BANK_USDT0.034690.0264pay 0.0132% / 4h3h 42m$721K$1.3M10x
ShortHTX BANK-USDT0.034590.0100get 0.0050% / 4h3h 42m$37K$227K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$34.44
Price spread: −0.288% → −0.088%
−$20.07
Slippage, 4 orders
−$378.97
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$460.48
Costs to cover
4.060%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; HTX: live order book, 9 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, 5 min ago5.76 bp50.7 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 9 min ago17.26 bp54.8 bp −$55doesn'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%4h0.03466−0.093%$54K$97K5xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03467−0.058%$1.2M$163K50xas long as short
HTX BANK-USDTshort+0.0100%4h0.03459−0.288%$37K$227K20x
edgeX BANKUSDC+0.0116%4h0.03473+0.107%$1K$246K5xas long as short
MEXC BANK_USDT+0.0120%4h0.03470+0.029%$2.5M$530K20xas long as short
Binance BANKUSDT+0.0121%4h0.03471+0.058%$7.6M$30.8M50xas long as short
Gate BANK_USDTlong+0.0264%4h0.03469long leg$721K$1.3M10x
BloFin BANK-USDT+0.0361%4h0.03472+0.086%$447K$77K50xas long as short
Bitget BANKUSDT+0.0660%4h0.03473+0.115%$2.8M$3.4M25xas long as short
BingX BANK-USDT+0.1896%4h0.034690.000%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BANKUSDT+0.1936%4h0.03472+0.086%$2.9M$6.4M20xas long as short