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

BAND

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.21 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BloFin+0.046%7-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+0.011%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Bybit is 0.046% dearer against BloFin than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BAND-USDT0.21520.0121pay 0.0121% / 8h1h 58m$74K$8K50x
ShortBybit BANDUSDT0.21530.0100get 0.0100% / 8h1h 58m$304K$181K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$4.38
Price spread: +0.046% → 0.000%
$4.65
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$22.73
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 41 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 Bybit live order book, 41 min ago7.05 bp95.9 bp −$96doesn't fitdoesn'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−0.2118%1h0.2148−0.206%$20K$1K10xas long as short
Binance BANDUSDT+0.0100%8h0.2152−0.002%$1.3M$1.6M50xas long as short
Bybit BANDUSDTshort+0.0100%8h0.2153+0.046%$304K$181K20x
OKX BAND-USDT-SWAP+0.0100%8h0.2153+0.046%$231K$408K10xas long as short
Gate BAND_USDT+0.0100%8h0.2160+0.372%$199K$62K20xas long as short
MEXC BAND_USDT+0.0100%8h0.21520.000%$345K$147K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2156+0.186%$751K$59K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2153+0.046%$805K$103K50xas long as short
Variational Omni BAND+0.0100%8h0.2152−0.018%$7K$963as long as short
BloFin BAND-USDTlong+0.0121%8h0.2152long leg$74K$8K50x