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+0.0439%/8h= +48.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.011%
Price spread now: Bitget against edgeX+0.145%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.145%, 7d avg +0.087%
Together, before fees−0.173%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.058% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.087%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 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 BANKUSDC0.034850.0111pay 0.0056% / 4h19m 20s$1K$245K5x
ShortBitget BANKUSDT0.034900.0550get 0.0275% / 4h19m 20s$2.8M$3.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$92.11
Price spread: +0.145% → +0.087%
$5.84
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$76.95
Costs to cover
0.210%
Break-even
1.2 days
Slippage unknown: edgeX: live order book, 38 min ago; Bitget: live order book, 3 min ago. Net counts fees only.

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, 38 min ago8.50 bp83.1 bp −$83doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.30 bp22.8 bp −$23doesn'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%4h0.03488+0.089%$55K$98K5xas long as short
Binance BANKUSDT+0.0100%4h0.03488+0.089%$7.7M$30.9M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03492+0.203%$2.8M$6.4M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03488+0.088%$2.5M$543K20xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03491+0.174%$1.2M$177K50xas long as short
HTX BANK-USDT+0.0100%4h0.03485+0.002%$40K$230K20xas long as short
edgeX BANKUSDClong+0.0111%4h0.03485long leg$1K$245K5x
Gate BANK_USDT+0.0280%4h0.03491+0.174%$719K$1.3M10xas long as short
BloFin BANK-USDT+0.0340%4h0.03487+0.059%$447K$71K50xas long as short
BingX BANK-USDT+0.0526%4h0.03487+0.059%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDTshort+0.0550%4h0.03490+0.145%$2.8M$3.4M25x