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−0.0172%/8h= −18.8% APRnext payment $0.86 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.018%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3403.402% 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−0.024%−$2 · spread now +0.018%, 7d avg +0.022%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANKUSDT0.034450.0272pay 0.0136% / 4h2h 44m$7.5M$31.2M50x
ShortKuCoin BANKUSDTM0.034460.0100get 0.0050% / 4h2h 44m$1.2M$152K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
−$36.06
Price spread: +0.018% → +0.022%
−$0.33
Slippage, 4 orders
−$318.21
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$376.6
Costs to cover
3.402%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 6 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 Binance live order book, 12 min ago1.45 bp16.0 bp −$1672.9 bp −$729doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago13.05 bp153.7 bp −$154617.4 bp −$6,174doesn'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%4h0.03442−0.086%$54K$93K5xas long as short
Gate BANK_USDT+0.0100%4h0.03452+0.192%$719K$1.3M10xas long as short
KuCoin BANKUSDTMshort+0.0100%4h0.03446+0.018%$1.2M$152K50x
HTX BANK-USDT+0.0100%4h0.03453+0.221%$40K$231K20xas long as short
Binance BANKUSDTlong+0.0272%4h0.03445long leg$7.5M$31.2M50x
MEXC BANK_USDT+0.0278%4h0.03451+0.163%$2.5M$507K20xas long as short
edgeX BANKUSDC+0.0314%4h0.03452+0.189%$1K$246K5xas long as short
BloFin BANK-USDT+0.0520%4h0.03452+0.192%$436K$82K50xas long as short
Bybit BANKUSDT+0.0689%4h0.03443−0.069%$2.8M$6.5M20xas long as short
Bitget BANKUSDT+0.0700%4h0.03451+0.163%$2.8M$3.5M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BANK-USDT+0.0890%4h0.03448+0.076%$6.9Mas long as short