Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate0.000%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,126as in the Price arb table
costs, in and out, $10k−$1,12211.215% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now 0.000%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.047% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BAND_USDT | 0.2105 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $195K | $54K | 20x |
| Short | KuCoin BANDUSDTM | 0.2105 | 0.0100 | get 0.0100% / 8h | 5h 30m | $722K | $63K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: 0.000% → +0.047%
- −$4.72
- Slippage, 4 orders
- −$1,094.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,126.25
- Costs to cover
- 11.215%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; KuCoin: live order book, 6 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, 9 min ago | 39.95 bp | 160.3 bp −$160 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 9.44 bp | 232.0 bp −$232 | doesn't fit | doesn't fit | doesn't fit |
BAND on 10 exchanges
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 | −0.2988% | 1h | 0.2104 | −0.058% | $19K | $3K | 10x | as long as short |
| BloFin BAND-USDT | +0.0093% | 8h | 0.2106 | +0.048% | $75K | $7K | 50x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2105 | 0.000% | $1.3M | $1.7M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2106 | +0.048% | $294K | $185K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2105 | 0.000% | $224K | $393K | 10x | as long as short |
| Gate BAND_USDTlong | +0.0100% | 8h | 0.2105 | long leg | $195K | $54K | 20x | |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2104 | −0.048% | $326K | $156K | 100x | as long as short |
| KuCoin BANDUSDTMshort | +0.0100% | 8h | 0.2105 | 0.000% | $722K | $63K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2105 | 0.000% | $772K | $109K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2119 | +0.687% | $7K | $963 | — | as long as short |
Gate BAND_USDT
KuCoin BANDUSDTM
Kraken Futures PF_BANDUSD
BloFin BAND-USDT
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
MEXC BAND_USDT
Bitget BANDUSDT
Variational Omni BAND