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

BAND

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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: Bybit against Bitget0.000%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3013.013% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now 0.000%, 7d avg −0.043%
Together, before fees−0.102%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.043% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BANDUSDT0.21520.0100pay 0.0100% / 8h5h 17m$805K$105K50x
ShortBybit BANDUSDT0.21520.0100get 0.0100% / 8h5h 17m$306K$187K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: 0.000% → −0.043%
$4.32
Slippage, 4 orders
−$278.29
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$296.97
Costs to cover
3.013%
Break-even
never at this rate
Slippage from Bitget: live order book, 43 min ago; Bybit: live order book, 37 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 Bitget live order book, 43 min ago16.31 bp56.4 bp −$56453.1 bp −$4,531doesn't fitdoesn't fit
Sell Bybit live order book, 37 min ago9.33 bp110.4 bp −$110doesn'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−0.1792%1h0.2150−0.105%$20K$78910xas long as short
Binance BANDUSDT+0.0100%8h0.21520.000%$1.4M$1.7M50xas long as short
Bybit BANDUSDTshort+0.0100%8h0.21520.000%$306K$187K20x
OKX BAND-USDT-SWAP+0.0100%8h0.21520.000%$234K$411K10xas long as short
Gate BAND_USDT+0.0100%8h0.2151−0.046%$199K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2151−0.046%$360K$146K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2156+0.186%$747K$54K30xas long as short
Bitget BANDUSDTlong+0.0100%8h0.2152long leg$805K$105K50x
Variational Omni BAND+0.0100%8h0.2153+0.051%$7K$963as long as short
BloFin BAND-USDT+0.0122%8h0.2151−0.046%$75K$8K50xas long as short