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

BAND

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2914%/8h= +319.0% APRpaid last 24h +0.492%
Price spread now: MEXC against Kraken Futures+0.176%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$87 a day on $10k at the current rate, and MEXC is 0.176% dearer against Kraken Futures than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BANDUSD0.2133−0.2814get 0.0352% / 1h18m 51s$19K$1K10x
ShortMEXC BAND_USDT0.21370.0100get 0.0100% / 8h18m 51s$354K$151K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$611.86
Price spread: +0.176% → 0.000%
$17.57
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$615.43
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 1 min ago. 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 MEXC live order book, 1 min ago4.68 bp27.5 bp −$2883.0 bp −$830200.9 bp −$20.1K291.8 bp −$145.9K
Kraken Futures: 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 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_BANDUSDlong−0.2814%1h0.2133long leg$19K$1K10x
BloFin BAND-USDT+0.0075%8h0.2130−0.152%$74K$7K50xas long as short
Binance BANDUSDT+0.0100%8h0.2137+0.177%$1.3M$1.6M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2137+0.176%$298K$182K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2138+0.223%$229K$406K10xas long as short
Gate BAND_USDT+0.0100%8h0.2140+0.316%$198K$62K20xas long as short
MEXC BAND_USDTshort+0.0100%8h0.2137+0.176%$354K$151K100x
KuCoin BANDUSDTM+0.0100%8h0.2140+0.316%$746K$56K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2136+0.129%$798K$102K50xas long as short
Variational Omni BAND+0.0100%8h0.2135+0.064%$7K$963as long as short