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

BAND

all BAND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.186%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costs−$712as in the Funding arb table
Net, price: spread back to 7d avg − costs−$711as in the Price arb table
costs, in and out, $10k−$7137.133% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.186%, 7d avg +0.168%
Together, before fees−0.055%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BANDUSDT0.21470.0100pay 0.0100% / 8h7h 36m$1.4M$1.8M50x
ShortKuCoin BANDUSDTM0.21510.0100get 0.0100% / 8h7h 36m$746K$64K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.186% → +0.168%
$1.79
Slippage, 4 orders
−$691.27
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$711.48
Costs to cover
7.133%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 17 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 Binance live order book, 12 min ago4.65 bp36.1 bp −$36320.0 bp −$3,200doesn't fitdoesn't fit
Sell KuCoin live order book, 17 min ago25.55 bp216.2 bp −$216doesn't fitdoesn't fitdoesn't fit

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−0.1650%1h0.2146−0.065%$20K$78910xas long as short
BloFin BAND-USDT+0.0072%8h0.2152+0.233%$75K$8K50xas long as short
Binance BANDUSDTlong+0.0100%8h0.2147long leg$1.4M$1.8M50x
Bybit BANDUSDT+0.0100%8h0.2149+0.093%$329K$175K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.21470.000%$235K$414K10xas long as short
Gate BAND_USDT+0.0100%8h0.2153+0.279%$199K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.21470.000%$372K$149K100xas long as short
KuCoin BANDUSDTMshort+0.0100%8h0.2151+0.186%$746K$64K30x
Bitget BANDUSDT+0.0100%8h0.2148+0.047%$804K$108K50xas long as short
Variational Omni BAND+0.0100%8h0.2153+0.264%$7K$963as long as short