Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Gate−0.375%78s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.375% cheaper against Gate than usual: you would sell low and buy high (spread −0.375% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 57 days of funding at the current rate (+$1 a day). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAND_USDT | 0.2134 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $197K | $62K | 20x |
| Short | BloFin BAND-USDT | 0.2126 | 0.0122 | get 0.0122% / 8h | 2h 37m | $74K | $8K | 50x |
Gate BAND_USDT
BloFin BAND-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.57
- Price spread: −0.375% → 0.000%
- −$37.49
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$59.92
- Costs to cover
- 0.270%
- Break-even
- 98.8 days
Slippage unknown: Gate: live order book, 3 min ago; BloFin: no order-book sample. Net counts fees only.
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, 3 min ago | 42.17 bp | 181.9 bp −$182 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.2296% | 1h | 0.2127 | −0.344% | $19K | $1K | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2129 | −0.239% | $1.3M | $1.6M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2127 | −0.328% | $301K | $180K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2129 | −0.234% | $229K | $398K | 10x | as long as short |
| Gate BAND_USDTlong | +0.0100% | 8h | 0.2134 | long leg | $197K | $62K | 20x | |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2128 | −0.281% | $348K | $148K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2132 | −0.094% | $743K | $59K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2130 | −0.187% | $796K | $104K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2132 | −0.086% | $7K | $963 | — | as long as short |
| BloFin BAND-USDTshort | +0.0122% | 8h | 0.2126 | −0.375% | $74K | $8K | 50x |
Kraken Futures PF_BANDUSD
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND