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

BAND

all BAND markets
SwapBacktest
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: 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
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)+0.477%+$48 · spread now −0.417%, 7d avg +0.025%
Together, before fees+0.477%+$48 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BAND_USDT0.21580.0100pay 0.0100% / 8h7h 43m$200K$63K20x
ShortBitget BANDUSDT0.21490.0100get 0.0100% / 8h7h 43m$804K$109K50x

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 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: −0.417% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 22 min ago34.88 bp144.1 bp −$144doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 27 min ago16.32 bp39.4 bp −$39176.9 bp −$1,769doesn'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−0.1648%1h0.2148−0.446%$20K$78910xas long as short
Binance BANDUSDT+0.0100%8h0.2150−0.371%$1.4M$1.8M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2150−0.371%$329K$175K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2149−0.417%$235K$413K10xas long as short
Gate BAND_USDTlong+0.0100%8h0.2158long leg$200K$63K20x
MEXC BAND_USDT+0.0100%8h0.2149−0.417%$374K$148K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2151−0.324%$746K$64K30xas long as short
Bitget BANDUSDTshort+0.0100%8h0.2149−0.417%$804K$109K50x
Variational Omni BAND+0.0100%8h0.2152−0.293%$7K$963as long as short
BloFin BAND-USDT+0.0104%8h0.2148−0.463%$74K$8K50xas long as short