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−0.0245%/8h= −26.9% APRnext payment $1.23 per $10,000 · paid last 24h −0.004%
Price spread now: HTX against edgeX+0.077%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2752.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.158%+$16 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.077%, 7d avg +0.043%
Together, before fees+0.032%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.034% dearer against edgeX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.043%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.158%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.23 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 BANKUSDC0.034640.0345pay 0.0173% / 4h1h 38m$1K$245K5x
ShortHTX BANK-USDT0.034670.0100get 0.0050% / 4h1h 38m$40K$231K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$51.5
Price spread: +0.077% → +0.043%
$3.39
Slippage, 4 orders
−$253.58
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$322.7
Costs to cover
2.746%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; HTX: live order book, 3 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, 4 min ago7.21 bp81.0 bp −$81doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 3 min ago24.51 bp33.4 bp −$33doesn'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%4h0.03454−0.289%$56K$92K5xas long as short
Gate BANK_USDT+0.0100%4h0.03457−0.212%$725K$1.3M10xas long as short
KuCoin BANKUSDTM+0.0100%4h0.03454−0.298%$1.2M$191K50xas long as short
HTX BANK-USDTshort+0.0100%4h0.03467+0.077%$40K$231K20x
MEXC BANK_USDT+0.0312%4h0.03460−0.125%$2.5M$491K20xas long as short
Binance BANKUSDT+0.0313%4h0.03457−0.212%$7.6M$31.4M50xas long as short
edgeX BANKUSDClong+0.0345%4h0.03464long leg$1K$245K5x
BloFin BANK-USDT+0.0553%4h0.03463−0.038%$445K$90K50xas long as short
Bybit BANKUSDT+0.0650%4h0.03456−0.240%$2.8M$6.5M20xas long as short
BingX BANK-USDT+0.0736%4h0.03457−0.212%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDT+0.0742%4h0.03458−0.183%$2.8M$3.5M25xas long as short