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: Bybit against Gate−0.140%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$565as in the Funding arb table
Net, price: spread back to 7d avg − costs−$577as in the Price arb table
costs, in and out, $10k−$5655.648% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.140%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.119% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAND_USDT | 0.2146 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $199K | $63K | 20x |
| Short | Bybit BANDUSDT | 0.2143 | 0.0100 | get 0.0100% / 8h | 6h 09m | $306K | $189K | 20x |
Gate BAND_USDT
Bybit BANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.140% → −0.021%
- −$11.87
- Slippage, 4 orders
- −$538.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$576.69
- Costs to cover
- 5.648%
- Break-even
- never at this rate
Slippage from Gate: live order book, 52 min ago; Bybit: live order book, 50 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, 52 min ago | 37.33 bp | 161.3 bp −$161 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 50 min ago | 2.34 bp | 114.1 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
BAND on 9 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 | −0.2292% | 1h | 0.2144 | −0.095% | $20K | $789 | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2140 | −0.281% | $1.3M | $1.8M | 50x | as long as short |
| Bybit BANDUSDTshort | +0.0100% | 8h | 0.2143 | −0.140% | $306K | $189K | 20x | |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2141 | −0.233% | $233K | $425K | 10x | as long as short |
| Gate BAND_USDTlong | +0.0100% | 8h | 0.2146 | long leg | $199K | $63K | 20x | |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2141 | −0.233% | $358K | $147K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2146 | 0.000% | $744K | $58K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2142 | −0.186% | $802K | $106K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2146 | +0.006% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
Binance BANDUSDT
OKX BAND-USDT-SWAP
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND