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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.09 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against edgeX+0.005%83s7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$466as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4574.569% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.088%−$9 on $10k
Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.005%, 7d avg +0.116%
Together, before fees−0.082%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.111% cheaper against edgeX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.116%). Swap the legs. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BANKUSDC0.035020.0118pay 0.0059% / 4h14m 16s$1K$243K5x
ShortKuCoin BANKUSDTM0.035020.0100get 0.0050% / 4h14m 16s$1.2M$185K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$3.86
Price spread: +0.005% → +0.116%
−$11.08
Slippage, 4 orders
−$435.91
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$471.85
Costs to cover
4.569%
Break-even
never at this rate
Slippage from edgeX: live order book, 63 min ago; KuCoin: live order book, 1 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 ago7.09 bp89.2 bp −$89doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago18.56 bp146.2 bp −$146579.3 bp −$5,793doesn'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%4h0.03501−0.010%$56K$119K5xas long as short
Binance BANKUSDT+0.0100%4h0.03502+0.005%$7.9M$32.5M50xas long as short
Bybit BANKUSDT+0.0100%4h0.03506+0.119%$2.9M$6.6M20xas long as short
MEXC BANK_USDT+0.0100%4h0.03502+0.005%$2.6M$616K20xas long as short
KuCoin BANKUSDTMshort+0.0100%4h0.03502+0.005%$1.2M$185K50x
HTX BANK-USDT+0.0100%4h0.03503+0.034%$36K$274K20xas long as short
edgeX BANKUSDClong+0.0118%4h0.03502long leg$1K$243K5x
Bitget BANKUSDT+0.0220%4h0.03504+0.062%$2.8M$3.4M25xas long as short
BingX BANK-USDT+0.0240%4h0.03502+0.005%$6.9Mas long as short
BloFin BANK-USDT+0.0340%4h0.03504+0.062%$452K$159K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BANK_USDT+0.0344%4h0.03503+0.034%$713K$1.4M10xas long as short