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

BAND

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Alert: funding
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Alert: spread
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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: MEXC against Gate+0.094%7-day average −0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$384as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3833.831% of the position
Long on GateShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.094%, 7d avg −0.098%
Together, before fees−0.105%−$11 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: MEXC is 0.192% dearer against Gate than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BAND_USDT0.21320.0100pay 0.0100% / 8h6h 50m$197K$63K20x
ShortMEXC BAND_USDT0.21340.0100get 0.0100% / 8h6h 50m$363K$144K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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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: +0.094% → −0.098%
$19.16
Slippage, 4 orders
−$364.13
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$363.97
Costs to cover
3.831%
Break-even
never at this rate
Slippage from Gate: live order book, 10 min ago; MEXC: live order book, 65 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, 10 min ago37.33 bp161.3 bp −$161doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 65 min ago2.33 bp18.0 bp −$1873.6 bp −$736197.8 bp −$19.8K291.3 bp −$145.7K

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−0.2305%1h0.2132+0.008%$19K$78910xas long as short
BloFin BAND-USDT+0.0075%8h0.2131−0.047%$74K$8K50xas long as short
Binance BANDUSDT+0.0100%8h0.2135+0.141%$1.3M$1.8M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2134+0.094%$326K$173K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2136+0.188%$232K$415K10xas long as short
Gate BAND_USDTlong+0.0100%8h0.2132long leg$197K$63K20x
MEXC BAND_USDTshort+0.0100%8h0.2134+0.094%$363K$144K100x
KuCoin BANDUSDTM+0.0100%8h0.21320.000%$739K$57K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2135+0.141%$799K$107K50xas long as short
Variational Omni BAND+0.0100%8h0.2135+0.125%$7K$963—as long as short