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: Binance against KuCoin−0.190%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$768as in the Funding arb table
Net, price: spread back to 7d avg − costs−$768as in the Price arb table
costs, in and out, $10k−$7677.665% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.190%, 7d avg −0.171%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BANDUSDTM | 0.2109 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $723K | $63K | 30x |
| Short | Binance BANDUSDT | 0.2105 | 0.0100 | get 0.0100% / 8h | 4h 50m | $1.3M | $1.7M | 50x |
KuCoin BANDUSDTM
Binance BANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.190% → −0.171%
- −$1.84
- Slippage, 4 orders
- −$744.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$768.36
- Costs to cover
- 7.665%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 46 min ago; Binance: 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 KuCoin live order book, 46 min ago | 9.44 bp | 477.4 bp −$477 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.37 bp | 31.8 bp −$32 | 177.3 bp −$1,773 | 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 | −0.2600% | 1h | 0.2105 | −0.189% | $19K | $3K | 10x | as long as short |
| Binance BANDUSDTshort | +0.0100% | 8h | 0.2105 | −0.190% | $1.3M | $1.7M | 50x | |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2105 | −0.190% | $293K | $183K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2105 | −0.190% | $224K | $398K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2112 | +0.142% | $195K | $49K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2104 | −0.237% | $326K | $153K | 100x | as long as short |
| KuCoin BANDUSDTMlong | +0.0100% | 8h | 0.2109 | long leg | $723K | $63K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2105 | −0.190% | $771K | $109K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2104 | −0.216% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0107% | 8h | 0.2103 | −0.284% | $74K | $7K | 50x | as long as short |
Kraken Futures PF_BANDUSD
Bybit BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
MEXC BAND_USDT
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT