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: Bitget against Gate−0.417%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4224.223% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.477%+$48 · spread now −0.417%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.442% cheaper against Gate than usual: you would sell low and buy high, −$44 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAND_USDT | 0.2158 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $200K | $63K | 20x |
| Short | Bitget BANDUSDT | 0.2149 | 0.0100 | get 0.0100% / 8h | 7h 43m | $804K | $109K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.417% → +0.025%
- −$44.2
- Slippage, 4 orders
- −$395.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$466.52
- Costs to cover
- 4.223%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; Bitget: live order book, 27 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, 22 min ago | 34.88 bp | 144.1 bp −$144 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 27 min ago | 16.32 bp | 39.4 bp −$39 | 176.9 bp −$1,769 | 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 | −0.1648% | 1h | 0.2148 | −0.446% | $20K | $789 | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2150 | −0.371% | $1.4M | $1.8M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2150 | −0.371% | $329K | $175K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2149 | −0.417% | $235K | $413K | 10x | as long as short |
| Gate BAND_USDTlong | +0.0100% | 8h | 0.2158 | long leg | $200K | $63K | 20x | |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2149 | −0.417% | $374K | $148K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2151 | −0.324% | $746K | $64K | 30x | as long as short |
| Bitget BANDUSDTshort | +0.0100% | 8h | 0.2149 | −0.417% | $804K | $109K | 50x | |
| Variational Omni BAND | +0.0100% | 8h | 0.2152 | −0.293% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0104% | 8h | 0.2148 | −0.463% | $74K | $8K | 50x | as long as short |
Gate BAND_USDT
Bitget BANDUSDT
Kraken Futures PF_BANDUSD
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
MEXC BAND_USDT
KuCoin BANDUSDTM
Variational Omni BAND
BloFin BAND-USDT