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

BAND

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateBAND_USDT
0.1790+0.0100pay 0.0100% / 8h8m 21s$107K$8K20xLong Gate
SHORT
BitgetBANDUSDT
0.1795+0.0100get 0.0100% / 8h8m 21s$614K$48K50xShort Bitget
Price gap+0.307%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$2 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10.0000% /8h now · paid +0.010% over the last 7D
Price+$2spread +0.307% now, avg +0.285% → +0.022% if it goes back
Costs−$4204.200% of $10k · taker + slippage, in and out
Result−$417−4.17%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.307%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BAND on 10 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size223.1 / 35.6 bp
    At $10k entering Gate costs 223.1 bp, fee and slippage, 6.3× Bitget’s.
  • Note: Margin at max leverage$500 + $200
    Gate 20x, Bitget 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 3 payments, −$3.00; short Bitget: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.307% vs +0.285%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$107K vs $614K OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · Bitget Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0005%/8h × 21 periods+$0.96
Price spread+0.307% → +0.285% (7d avg)+$2.21
Slippage, 4 orderslive order books−$393.03
Fee Gate bp × 2 orders−$15.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$416.86
Costs to cover4.200%Break-even3046.6 days
Slippage: Gate: live order book, 28 min ago; Bitget: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate19.74223.1 bp−$223doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget8.4335.6 bp−$36197.7 bp−$1,977doesn’t fitdoesn’t fit

Closing costs about the same again.

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