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: MEXC against Binance−0.047%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now −0.047%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.053% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANDUSDT | 0.2150 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $1.3M | $1.7M | 50x |
| Short | MEXC BAND_USDT | 0.2149 | 0.0100 | get 0.0100% / 8h | 4h 25m | $364K | $146K | 100x |
Binance BANDUSDT
MEXC BAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.047% → +0.006%
- −$5.26
- Slippage, 4 orders
- −$112.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.33
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 15 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, 8 min ago | 4.66 bp | 34.5 bp −$35 | 312.4 bp −$3,124 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 15 min ago | 4.68 bp | 21.7 bp −$22 | 75.7 bp −$757 | 205.2 bp −$20.5K | 283.1 bp −$141.5K |
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 | −0.1781% | 1h | 0.2160 | +0.455% | $20K | $939 | 10x | as long as short |
| BloFin BAND-USDT | +0.0075% | 8h | 0.2150 | 0.000% | $74K | $8K | 50x | as long as short |
| Binance BANDUSDTlong | +0.0100% | 8h | 0.2150 | long leg | $1.3M | $1.7M | 50x | |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2150 | 0.000% | $306K | $186K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2150 | 0.000% | $233K | $413K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2156 | +0.279% | $199K | $63K | 20x | as long as short |
| MEXC BAND_USDTshort | +0.0100% | 8h | 0.2149 | −0.047% | $364K | $146K | 100x | |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2151 | +0.047% | $744K | $55K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2149 | −0.047% | $804K | $105K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2150 | −0.018% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
BloFin BAND-USDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND