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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.041%
Price spread now: Bitget against KuCoin+0.115%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3493.485% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.115%, 7d avg +0.038%
Together, before fees+0.143%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.077% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANKUSDTM0.034660.0100pay 0.0050% / 4h3h 37m$1.2M$187K50x
ShortBitget BANKUSDT0.034700.0128get 0.0064% / 4h3h 37m$2.8M$3.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$5.88
Price spread: +0.115% → +0.038%
$7.74
Slippage, 4 orders
−$324.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$334.92
Costs to cover
3.485%
Break-even
405.7 days
Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, just now.

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, 8 min ago12.98 bp146.5 bp −$146793.3 bp −$7,933doesn't fitdoesn't fit
Sell Bitget live order book, just now2.88 bp22.0 bp −$22254.3 bp −$2,543doesn'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%4h0.03469+0.087%$56K$97K5xas long as short
Binance BANKUSDT+0.0100%4h0.03470+0.107%$7.5M$31.1M50xas long as short
Bybit BANKUSDT+0.0100%4h0.034660.000%$3.0M$6.5M20xas long as short
Gate BANK_USDT+0.0100%4h0.03468+0.058%$725K$1.3M10xas long as short
MEXC BANK_USDT+0.0100%4h0.03468+0.058%$2.5M$485K20xas long as short
KuCoin BANKUSDTMlong+0.0100%4h0.03466long leg$1.2M$187K50x
HTX BANK-USDT+0.0100%4h0.03463−0.087%$40K$228K20xas long as short
edgeX BANKUSDC+0.0119%4h0.03467+0.017%$1K$247K5xas long as short
Bitget BANKUSDTshort+0.0128%4h0.03470+0.115%$2.8M$3.6M25x
BingX BANK-USDT+0.0128%4h0.03470+0.115%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDT+0.0340%4h0.034660.000%$444K$91K50xas long as short