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+0.0810%/8h= +88.7% APRnext payment +$4.05 per $10,000 · paid last 24h +0.038%
Price spread now: BingX against Aster−0.004%7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$850.852% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.294%+$29 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.004%, 7d avg +0.086%
Together, before fees+0.252%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.090% cheaper against Aster than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.086%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$24 a day). At the pace of the last 6 days (+0.294% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.294% in total (about 19.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BANKUSDT0.034630.0100pay 0.0050% / 4h3h 27m$54K$95K5x
ShortBingX BANK-USDT0.034630.0910get 0.0455% / 4h3h 27m$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
$170.1
Price spread: −0.004% → +0.086%
−$8.98
Slippage, 4 orders
−$67.23
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$75.89
Costs to cover
0.852%
Break-even
3.9 days
Slippage from Aster: live order book, 88 min ago; BingX: live order book, 10 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 Aster live order book, 88 min ago5.66 bp28.8 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago2.89 bp11.0 bp −$1132.1 bp −$321380.7 bp −$38.1Kdoesn'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 BANKUSDTlong+0.0100%4h0.03463long leg$54K$95K5x
KuCoin BANKUSDTM+0.0100%4h0.03463−0.004%$1.2M$158K50xas long as short
HTX BANK-USDT+0.0100%4h0.03463−0.004%$39K$233K20xas long as short
MEXC BANK_USDT+0.0188%4h0.03460−0.090%$2.5M$531K20xas long as short
Binance BANKUSDT+0.0194%4h0.03461−0.059%$7.6M$31.0M50xas long as short
edgeX BANKUSDC+0.0198%4h0.03470+0.186%$1K$246K5xas long as short
Gate BANK_USDT+0.0246%4h0.03464+0.025%$720K$1.3M10xas long as short
BloFin BANK-USDT+0.0428%4h0.03465+0.054%$439K$77K50xas long as short
Bitget BANKUSDT+0.0708%4h0.03465+0.054%$2.8M$3.5M25xas long as short
Bybit BANKUSDT+0.0839%4h0.03462−0.033%$2.8M$6.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDTshort+0.0910%4h0.03463−0.004%$6.9M