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

BAND

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Binance+0.048%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.048% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANDUSDT0.21500.0100pay 0.0100% / 8h5h 13m$1.4M$1.7M50x
ShortBloFin BAND-USDT0.21510.0116get 0.0116% / 8h5h 13m$75K$8K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$3.46
Price spread: +0.048% → 0.000%
$4.81
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$13.73
Costs to cover
0.220%
Break-even
34.7 days
Slippage unknown: Binance: live order book, 5 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago4.65 bp36.8 bp −$37304.4 bp −$3,044doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BAND on 10 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
Kraken Futures PF_BANDUSD−0.1793%1h0.2149−0.049%$20K$78910xas long as short
Binance BANDUSDTlong+0.0100%8h0.2150long leg$1.4M$1.7M50x
Bybit BANDUSDT+0.0100%8h0.2150+0.002%$305K$187K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2150+0.002%$234K$411K10xas long as short
Gate BAND_USDT+0.0100%8h0.2157+0.327%$200K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2150+0.002%$360K$146K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2155+0.234%$747K$54K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2150+0.002%$805K$105K50xas long as short
Variational Omni BAND+0.0100%8h0.2154+0.168%$7K$963as long as short
BloFin BAND-USDTshort+0.0116%8h0.2151+0.048%$75K$8K50x