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: Gate against Bybit+0.282%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$662as in the Funding arb table
Net, price: spread back to 7d avg − costs−$637as in the Price arb table
costs, in and out, $10k−$6626.619% 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)−0.294%−$29 · spread now +0.282%, 7d avg +0.031%
Together, before fees−0.294%−$29 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: Gate is 0.251% dearer against Bybit than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANDUSDT0.21270.0100pay 0.0100% / 8h2h 39m$301K$180K20x
ShortGate BAND_USDT0.21330.0100get 0.0100% / 8h2h 39m$197K$62K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.282% → +0.031%
$25.13
Slippage, 4 orders
−$635.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$636.77
Costs to cover
6.619%
Break-even
never at this rate
Slippage from Bybit: live order book, 64 min ago; Gate: live order book, 1 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 Bybit live order book, 64 min ago9.29 bp104.5 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago42.17 bp256.8 bp −$257doesn'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−0.2296%1h0.2126−0.024%$19K$1K10xas long as short
Binance BANDUSDT+0.0100%8h0.21270.000%$1.3M$1.6M50xas long as short
Bybit BANDUSDTlong+0.0100%8h0.2127long leg$301K$180K20x
OKX BAND-USDT-SWAP+0.0100%8h0.21270.000%$229K$397K10xas long as short
Gate BAND_USDTshort+0.0100%8h0.2133+0.282%$197K$62K20x
MEXC BAND_USDT+0.0100%8h0.2129+0.094%$348K$148K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2133+0.282%$743K$59K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2131+0.188%$797K$104K50xas long as short
Variational Omni BAND+0.0100%8h0.2132+0.243%$7K$963as long as short
BloFin BAND-USDT+0.0127%8h0.2133+0.282%$74K$8K50xas long as short