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

BAND

all BAND markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against BloFin+0.028%101s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.028% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BAND-USDT0.21500.0083pay 0.0083% / 8h5h 13m$75K$8K50x
ShortBinance BANDUSDT0.21510.0100get 0.0100% / 8h5h 13m$1.4M$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$3.53
Price spread: +0.028% → 0.000%
$2.75
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$15.71
Costs to cover
0.220%
Break-even
38.1 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell Binance live order book, 5 min ago4.65 bp34.0 bp −$34175.2 bp −$1,752doesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.2149−0.038%$20K$78910xas long as short
BloFin BAND-USDTlong+0.0083%8h0.2150long leg$75K$8K50x
Binance BANDUSDTshort+0.0100%8h0.2151+0.028%$1.4M$1.7M50x
Bybit BANDUSDT+0.0100%8h0.21500.000%$305K$187K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.21500.000%$234K$411K10xas long as short
Gate BAND_USDT+0.0100%8h0.2157+0.326%$200K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2148−0.093%$359K$146K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2151+0.047%$745K$54K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2149−0.047%$804K$105K50xas long as short
Variational Omni BAND+0.0100%8h0.2154+0.167%$7K$963as long as short