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: OKX against Binance+0.031%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1941.938% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now +0.031%, 7d avg +0.049%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANDUSDT | 0.2148 | 0.0100 | pay 0.0100% / 8h | 4h 26m | $1.3M | $1.7M | 50x |
| Short | OKX BAND-USDT-SWAP | 0.2149 | 0.0100 | get 0.0100% / 8h | 4h 26m | $232K | $413K | 10x |
Binance BANDUSDT
OKX BAND-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.031% → +0.049%
- −$1.81
- Slippage, 4 orders
- −$173.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$195.58
- Costs to cover
- 1.938%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: live order book, 30 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, 7 min ago | 4.66 bp | 34.5 bp −$35 | 312.4 bp −$3,124 | doesn't fit | doesn't fit |
| Sell OKX live order book, 30 min ago | 4.65 bp | 61.4 bp −$61 | doesn't fit | 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 | −0.1781% | 1h | 0.2160 | +0.552% | $20K | $939 | 10x | as long as short |
| Binance BANDUSDTlong | +0.0100% | 8h | 0.2148 | long leg | $1.3M | $1.7M | 50x | |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2149 | +0.031% | $306K | $186K | 20x | as long as short |
| OKX BAND-USDT-SWAPshort | +0.0100% | 8h | 0.2149 | +0.031% | $232K | $413K | 10x | |
| Gate BAND_USDT | +0.0100% | 8h | 0.2156 | +0.357% | $199K | $63K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2149 | +0.031% | $364K | $146K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2151 | +0.124% | $744K | $55K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2148 | −0.016% | $804K | $105K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2150 | +0.059% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0112% | 8h | 0.2149 | +0.031% | $74K | $8K | 50x | as long as short |
Kraken Futures PF_BANDUSD
Bybit BANDUSDT
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT