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+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h +0.060%
Price spread now: Gate against Bybit+0.086%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$2002.000% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.206%+$21 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.086%, 7d avg +0.014%
Together, before fees+0.095%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.072% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANKUSDT0.034880.0100pay 0.0050% / 4h18m 27s$2.8M$6.4M20x
ShortGate BANK_USDT0.034910.0296get 0.0148% / 4h18m 27s$719K$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$41.16
Price spread: +0.086% → +0.014%
$7.21
Slippage, 4 orders
−$174.04
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$151.67
Costs to cover
2.000%
Break-even
32.8 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 4 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 Bybit live order book, 4 min ago4.30 bp31.9 bp −$32282.2 bp −$2,822doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago5.73 bp73.8 bp −$74doesn't fitdoesn'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%4h0.03481−0.213%$55K$98K5xas long as short
Binance BANKUSDT+0.0100%4h0.03486−0.071%$7.7M$30.9M50xas long as short
Bybit BANKUSDTlong+0.0100%4h0.03488long leg$2.8M$6.4M20x
MEXC BANK_USDT+0.0100%4h0.03483−0.143%$2.5M$544K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03486−0.057%$1.2M$177K50xas long as short
HTX BANK-USDT+0.0100%4h0.03485−0.086%$40K$230K20xas long as short
edgeX BANKUSDC+0.0111%4h0.03485−0.088%$1K$245K5xas long as short
Gate BANK_USDTshort+0.0296%4h0.03491+0.086%$719K$1.3M10x
BloFin BANK-USDT+0.0340%4h0.03487−0.029%$447K$71K50xas long as short
BingX BANK-USDT+0.0526%4h0.03492+0.115%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDT+0.0544%4h0.03490+0.057%$2.8M$3.4M25xas long as short