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

BAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.2693%/8h= +294.9% APRpaid last 24h +0.585%
Price spread now: BloFin against Kraken Futures−0.162%57s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.162% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.162% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5 hours of funding at the current rate (+$81 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BANDUSD0.2104−0.2601get 0.0325% / 1h47m 34s$19K$3K10x
ShortBloFin BAND-USDT0.21010.0092get 0.0092% / 8h4h 47m$74K$7K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Kraken Futures. 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
$565.57
Price spread: −0.162% → 0.000%
−$16.16
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$527.41
Costs to cover
0.220%
Break-even
0.5 days
Slippage unknown: Kraken Futures: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell BloFin no order-book sample
Kraken Futures and 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 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_BANDUSDlong−0.2601%1h0.2104long leg$19K$3K10x
BloFin BAND-USDTshort+0.0092%8h0.2101−0.162%$74K$7K50x
Binance BANDUSDT+0.0100%8h0.2106+0.076%$1.3M$1.7M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2106+0.076%$293K$184K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2106+0.076%$224K$400K10xas long as short
Gate BAND_USDT+0.0100%8h0.2105+0.028%$195K$49K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2105+0.028%$323K$154K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2108+0.171%$723K$63K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2106+0.076%$771K$109K50xas long as short
Variational Omni BAND+0.0100%8h0.2104+0.002%$7K$963as long as short