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+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.001%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3073.065% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.001%, 7d avg −0.020%
Together, before fees+0.085%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANKUSDTM0.034710.0100pay 0.0050% / 4h34m 30s$1.2M$189K50x
ShortBinance BANKUSDT0.034710.0123get 0.0061% / 4h34m 30s$7.6M$31.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$4.82
Price spread: −0.001% → −0.020%
$1.92
Slippage, 4 orders
−$284.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$299.79
Costs to cover
3.065%
Break-even
442.2 days
Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 7 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 KuCoin live order book, 10 min ago11.50 bp145.6 bp −$146784.8 bp −$7,848doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.44 bp13.6 bp −$1441.6 bp −$416doesn'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%4h0.03470−0.025%$56K$97K5xas long as short
Gate BANK_USDT+0.0100%4h0.034710.000%$720K$1.3M10xas long as short
KuCoin BANKUSDTMlong+0.0100%4h0.03471long leg$1.2M$189K50x
HTX BANK-USDT+0.0100%4h0.034710.000%$40K$229K20xas long as short
Binance BANKUSDTshort+0.0123%4h0.03471−0.001%$7.6M$31.5M50x
MEXC BANK_USDT+0.0134%4h0.03470−0.029%$2.5M$487K20xas long as short
edgeX BANKUSDC+0.0153%4h0.03472+0.018%$1K$247K5xas long as short
Bybit BANKUSDT+0.0296%4h0.03470−0.029%$3.0M$6.6M20xas long as short
Bitget BANKUSDT+0.0336%4h0.034710.000%$2.8M$3.6M25xas long as short
BloFin BANK-USDT+0.0375%4h0.03469−0.058%$441K$90K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDT+0.0376%4h0.03469−0.058%$6.9Mas long as short