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: Binance against Gate−0.413%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$526as in the Funding arb table
Net, price: spread back to 7d avg − costs−$555as in the Price arb table
costs, in and out, $10k−$5245.245% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.413%, 7d avg −0.112%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.301% cheaper against Gate than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAND_USDT | 0.2143 | 0.0100 | pay 0.0100% / 8h | 2h 42m | $198K | $62K | 20x |
| Short | Binance BANDUSDT | 0.2134 | 0.0100 | get 0.0100% / 8h | 2h 42m | $1.3M | $1.6M | 50x |
Gate BAND_USDT
Binance BANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.413% → −0.112%
- −$30.08
- Slippage, 4 orders
- −$499.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$554.53
- Costs to cover
- 5.245%
- Break-even
- never at this rate
Slippage from Gate: live order book, 64 min ago; Binance: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 64 min ago | 25.53 bp | 210.0 bp −$210 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.33 bp | 35.8 bp −$36 | 189.1 bp −$1,891 | doesn't fit | doesn't fit |
BAND on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BANDUSD | −0.2285% | 1h | 0.2137 | −0.284% | $20K | $1K | 10x | as long as short |
| Binance BANDUSDTshort | +0.0100% | 8h | 0.2134 | −0.413% | $1.3M | $1.6M | 50x | |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2139 | −0.187% | $303K | $180K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2133 | −0.467% | $230K | $397K | 10x | as long as short |
| Gate BAND_USDTlong | +0.0100% | 8h | 0.2143 | long leg | $198K | $62K | 20x | |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2135 | −0.373% | $349K | $148K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2142 | −0.047% | $747K | $59K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2139 | −0.187% | $800K | $104K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2143 | −0.017% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0130% | 8h | 0.2136 | −0.327% | $74K | $8K | 50x | as long as short |
Kraken Futures PF_BANDUSD
Bybit BANDUSDT
OKX BAND-USDT-SWAP
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT