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

BAND

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit−0.047%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2692.686% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.047%, 7d avg −0.078%
Together, before fees+0.061%+$6 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: MEXC is 0.032% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BANDUSDT0.21340.0100pay 0.0100% / 8h6h 21m$297K$182K20x
ShortMEXC BAND_USDT0.21330.0100get 0.0100% / 8h6h 21m$353K$152K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.047% → −0.078%
$3.16
Slippage, 4 orders
−$253.55
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$265.39
Costs to cover
2.686%
Break-even
never at this rate
Slippage from Bybit: live order book, 25 min ago; MEXC: live order book, 24 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, 25 min ago7.04 bp118.1 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 24 min ago4.69 bp30.3 bp −$30113.9 bp −$1,139214.4 bp −$21.4K296.8 bp −$148.4K

BAND on 10 exchanges

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−0.2256%1h0.2133−0.047%$19K$3K10xas long as short
Binance BANDUSDT+0.0100%8h0.2132−0.089%$1.3M$1.7M50xas long as short
Bybit BANDUSDTlong+0.0100%8h0.2134long leg$297K$182K20x
OKX BAND-USDT-SWAP+0.0100%8h0.2133−0.047%$228K$396K10xas long as short
Gate BAND_USDT+0.0100%8h0.2143+0.422%$198K$54K20xas long as short
MEXC BAND_USDTshort+0.0100%8h0.2133−0.047%$353K$152K100x
KuCoin BANDUSDTM+0.0100%8h0.2132−0.094%$728K$60K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2132−0.094%$794K$101K50xas long as short
Variational Omni BAND+0.0100%8h0.2132−0.114%$7K$963as long as short
BloFin BAND-USDT+0.0113%8h0.2135+0.047%$74K$7K50xas long as short