Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.068%7-day average +0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1481.482% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.068%, 7d avg +0.134%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.202% cheaper against Binance than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANDUSDT | 0.2122 | 0.0100 | pay 0.0100% / 8h | 32m 10s | $1.3M | $1.8M | 50x |
| Short | Bitget BANDUSDT | 0.2121 | 0.0100 | get 0.0100% / 8h | 32m 10s | $786K | $107K | 50x |
Binance BANDUSDT
Bitget BANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.068% → +0.134%
- −$20.22
- Slippage, 4 orders
- −$126.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$168.4
- Costs to cover
- 1.482%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 43 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 2 min ago | 2.36 bp | 36.0 bp −$36 | 249.4 bp −$2,494 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 43 min ago | 14.17 bp | 39.9 bp −$40 | 255.4 bp −$2,554 | doesn't fit | doesn't fit |
BAND on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BANDUSD | −0.1673% | 1h | 0.2123 | +0.047% | $19K | $807 | 10x | as long as short |
| BloFin BAND-USDT | +0.0088% | 8h | 0.2120 | −0.116% | $72K | $8K | 50x | as long as short |
| Binance BANDUSDTlong | +0.0100% | 8h | 0.2122 | long leg | $1.3M | $1.8M | 50x | |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2123 | +0.026% | $306K | $160K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2123 | +0.026% | $231K | $402K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2128 | +0.261% | $197K | $64K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2122 | −0.021% | $365K | $152K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2128 | +0.261% | $741K | $68K | 30x | as long as short |
| Bitget BANDUSDTshort | +0.0100% | 8h | 0.2121 | −0.068% | $786K | $107K | 50x | |
| Variational Omni BAND | +0.0100% | 8h | 0.2125 | +0.109% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
BloFin BAND-USDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Variational Omni BAND