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+0.0066%/8h= +7.3% APRnext payment +$0.33 per $10,000 · paid last 24h −0.067%
Price spread now: edgeX against Gate−0.468%67s7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3763.758% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.193%−$19 on $10k
Price spread, last 4 days (all we have)+0.470%+$47 · spread now −0.468%, 7d avg −0.125%
Together, before fees+0.277%+ Points / potential airdropedgeX: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.343% cheaper against Gate than usual: you would sell low and buy high (spread −0.468% now, against its 7-day average of −0.125%). If the spread goes back, that is −$34 on $10k: about 17 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BANK_USDT0.034750.0140pay 0.0070% / 4h1h 00m$723K$1.4M10x
ShortedgeX BANKUSDC0.034590.0206get 0.0103% / 4h1h 00m$1K$247K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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
$13.91
Price spread: −0.468% → −0.125%
−$34.33
Slippage, 4 orders
−$351.81
Fee Gate: 7.5 bp × 2 orders
−$15
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$396.24
Costs to cover
3.758%
Break-even
206.5 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 42 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 Gate live order book, 2 min ago7.20 bp149.6 bp −$150doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 42 min ago7.21 bp80.4 bp −$80doesn'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
KuCoin BANKUSDTM+0.0100%4h0.03471−0.115%$1.2M$189K50xas long as short
HTX BANK-USDT+0.0100%4h0.03465−0.288%$40K$230K20xas long as short
Aster BANKUSDT+0.0109%4h0.03472−0.086%$56K$96K5xas long as short
Gate BANK_USDTlong+0.0140%4h0.03475long leg$723K$1.4M10x
MEXC BANK_USDT+0.0206%4h0.03472−0.086%$2.5M$495K20xas long as short
edgeX BANKUSDCshort+0.0206%4h0.03459−0.468%$1K$247K5x
Binance BANKUSDT+0.0213%4h0.03473−0.064%$7.6M$31.5M50xas long as short
Bybit BANKUSDT+0.0411%4h0.03476+0.029%$2.9M$6.6M20xas long as short
BloFin BANK-USDT+0.0446%4h0.03462−0.374%$443K$91K50xas long as short
BingX BANK-USDT+0.0462%4h0.03476+0.029%$6.9Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BANKUSDT+0.0480%4h0.03472−0.086%$2.8M$3.6M25xas long as short