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

BANK

all BANK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against KuCoin0.000%110s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$335as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3583.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now 0.000%, 7d avg −0.014%
Together, before fees+0.218%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANKUSDTM0.034300.0100pay 0.0050% / 4h55m 22s$1.1M$160K50x
ShortBloFin BANK-USDT0.034300.0340get 0.0170% / 4h55m 22s$446K$72K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$50.4
Price spread: 0.000% → −0.014%
$1.42
Slippage, 4 orders
−$334.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$306.49
Costs to cover
3.583%
Break-even
49.6 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 48 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 KuCoin live order book, 3 min ago16.05 bp151.9 bp −$152796.1 bp −$7,961doesn't fitdoesn't fit
Sell BloFin live order book, 48 min ago4.37 bp16.4 bp −$1636.5 bp −$365doesn't fitdoesn't fit

BANK on 11 exchanges

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%4h0.03430−0.001%$55K$76K5xas long as short
Binance BANKUSDT+0.0100%4h0.03431+0.029%$7.3M$25.8M50xas long as short
Gate BANK_USDT+0.0100%4h0.03433+0.087%$705K$1.2M10xas long as short
MEXC BANK_USDT+0.0100%4h0.034300.000%$2.4M$398K20xas long as short
KuCoin BANKUSDTMlong+0.0100%4h0.03430long leg$1.1M$160K50x
HTX BANK-USDT+0.0100%4h0.03428−0.058%$39K$194K20xas long as short
Bybit BANKUSDT+0.0101%4h0.03432+0.058%$2.9M$5.4M20xas long as short
edgeX BANKUSDC+0.0114%4h0.03429−0.034%$1K$246K5xas long as short
BingX BANK-USDT+0.0122%4h0.03427−0.087%$6.9Mas long as short
Bitget BANKUSDT+0.0142%4h0.03434+0.117%$2.7M$3.0M25xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BANK-USDTshort+0.0340%4h0.034300.000%$446K$72K50x