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

BANK

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0510%/8h= +55.8% APRnext payment +$2.55 per $10,000 · paid last 24h +0.032%
Price spread now: BingX against edgeX+0.042%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1891.885% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.042%, 7d avg +0.102%
Together, before fees+0.050%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.059% cheaper against edgeX than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.102%). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.168% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 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
LongedgeX BANKUSDC0.034520.0284pay 0.0142% / 4h2h 48m$1K$246K5x
ShortBingX BANK-USDT0.034530.0794get 0.0397% / 4h2h 48m$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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
$107.07
Price spread: +0.042% → +0.102%
−$5.93
Slippage, 4 orders
−$169.53
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$87.39
Costs to cover
1.885%
Break-even
12.7 days
Slippage from edgeX: live order book, 63 min ago; BingX: live order book, 9 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 edgeX live order book, 63 min ago7.18 bp81.7 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago2.91 bp13.1 bp −$1338.6 bp −$386400.7 bp −$40.1Kdoesn'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 BANKUSDT+0.0100%4h0.03450−0.052%$54K$93K5xas long as short
Gate BANK_USDT+0.0100%4h0.03453+0.042%$719K$1.3M10xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03450−0.044%$1.2M$152K50xas long as short
HTX BANK-USDT+0.0100%4h0.03454+0.071%$40K$231K20xas long as short
edgeX BANKUSDClong+0.0284%4h0.03452long leg$1K$246K5x
Binance BANKUSDT+0.0295%4h0.03451−0.015%$7.5M$31.2M50xas long as short
MEXC BANK_USDT+0.0296%4h0.03451−0.015%$2.5M$507K20xas long as short
BloFin BANK-USDT+0.0535%4h0.03456+0.129%$434K$78K50xas long as short
Bitget BANKUSDT+0.0738%4h0.03455+0.100%$2.8M$3.5M25xas long as short
BingX BANK-USDTshort+0.0794%4h0.03453+0.042%$6.9M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BANKUSDT+0.0937%4h0.03452+0.014%$2.8M$6.5M20xas long as short