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: OKX against Bitget−0.047%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2082.083% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.047%, 7d avg −0.079%
Together, before fees−0.010%−$1 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: OKX is 0.032% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BANDUSDT0.21430.0100pay 0.0100% / 8h1h 07m$801K$103K50x
ShortOKX BAND-USDT-SWAP0.21420.0100get 0.0100% / 8h1h 07m$229K$408K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.047% → −0.079%
$3.21
Slippage, 4 orders
−$186.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$205.12
Costs to cover
2.083%
Break-even
never at this rate
Slippage from Bitget: live order book, 33 min ago; OKX: live order book, 33 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, 33 min ago25.75 bp52.6 bp −$53425.8 bp −$4,258doesn't fitdoesn't fit
Sell OKX live order book, 33 min ago4.68 bp49.3 bp −$49doesn'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−0.2124%1h0.2142−0.059%$20K$1K10xas long as short
BloFin BAND-USDT+0.0093%8h0.2145+0.093%$74K$7K50xas long as short
Binance BANDUSDT+0.0100%8h0.2142−0.065%$1.3M$1.7M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2142−0.047%$302K$180K20xas long as short
OKX BAND-USDT-SWAPshort+0.0100%8h0.2142−0.047%$229K$408K10x
Gate BAND_USDT+0.0100%8h0.2150+0.327%$198K$62K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2141−0.093%$352K$152K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2149+0.280%$749K$58K30xas long as short
Bitget BANDUSDTlong+0.0100%8h0.2143long leg$801K$103K50x
Variational Omni BAND+0.0100%8h0.2142−0.042%$7K$963as long as short