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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against KuCoin+0.142%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$383as in the Price arb table
costs, in and out, $10k−$3963.960% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.235%+$23 on $10k
Price spread, last 7 days−0.135%−$14 · spread now +0.142%, 7d avg +0.012%
Together, before fees+0.099%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.129% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANKUSDTM0.035320.0100pay 0.0050% / 4h3h 23m$1.2M$184K50x
ShortBingX BANK-USDT0.035370.0162get 0.0081% / 4h3h 23m$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$13.02
Price spread: +0.142% → +0.012%
$12.93
Slippage, 4 orders
−$373.97
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$370.02
Costs to cover
3.960%
Break-even
205.9 days
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 14 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, 1 min ago12.73 bp193.9 bp −$194815.5 bp −$8,155doesn't fitdoesn't fit
Sell BingX live order book, 14 min ago4.26 bp13.0 bp −$1337.1 bp −$371401.9 bp −$40.2Kdoesn'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%4h0.03537+0.142%$56K$120K5xas long as short
Binance BANKUSDT+0.0100%4h0.03535+0.094%$8.0M$32.4M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03530−0.057%$2.9M$6.7M20xas long as short
Gate BANK_USDT+0.0100%4h0.03538+0.170%$724K$1.4M10xas long as short
MEXC BANK_USDT+0.0100%4h0.03531−0.028%$2.6M$584K20xas long as short
KuCoin BANKUSDTMlong+0.0100%4h0.03532long leg$1.2M$184K50x
HTX BANK-USDT+0.0100%4h0.03516−0.453%$36K$272K20xas long as short
edgeX BANKUSDC+0.0119%4h0.03520−0.330%$1K$243K5xas long as short
Bitget BANKUSDT+0.0142%4h0.03530−0.057%$2.8M$3.4M25xas long as short
BingX BANK-USDTshort+0.0162%4h0.03537+0.142%$6.9M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.03523−0.255%$453K$159K50xas long as short