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

BAND

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Alert: funding
Alert: spread
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
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)+0.068%+$7 · spread now 0.000%, 7d avg +0.047%
Together, before fees+0.068%+$7 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BAND_USDT0.21050.0100pay 0.0100% / 8h5h 30m$195K$54K20x
ShortKuCoin BANDUSDTM0.21050.0100get 0.0100% / 8h5h 30m$722K$63K30x

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 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: 0.000% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 9 min ago39.95 bp160.3 bp −$160doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago9.44 bp232.0 bp −$232doesn't fitdoesn't fitdoesn't fit

BAND on 10 exchanges

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−0.2988%1h0.2104−0.058%$19K$3K10xas long as short
BloFin BAND-USDT+0.0093%8h0.2106+0.048%$75K$7K50xas long as short
Binance BANDUSDT+0.0100%8h0.21050.000%$1.3M$1.7M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2106+0.048%$294K$185K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.21050.000%$224K$393K10xas long as short
Gate BAND_USDTlong+0.0100%8h0.2105long leg$195K$54K20x
MEXC BAND_USDT+0.0100%8h0.2104−0.048%$326K$156K100xas long as short
KuCoin BANDUSDTMshort+0.0100%8h0.21050.000%$722K$63K30x
Bitget BANDUSDT+0.0100%8h0.21050.000%$772K$109K50xas long as short
Variational Omni BAND+0.0100%8h0.2119+0.687%$7K$963as long as short