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

BAND

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SwapBacktest
Alert: funding
Alert: spread
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 KuCoin−0.280%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$444as in the Funding arb table
Net, price: spread back to 7d avg − costs−$455as in the Price arb table
costs, in and out, $10k−$4434.427% of the position
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)+0.280%+$28 · spread now −0.280%, 7d avg −0.161%
Together, before fees+0.268%+$27 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 0.119% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANDUSDTM0.21420.0100pay 0.0100% / 8h5h 05m$742K$54K30x
ShortMEXC BAND_USDT0.21360.0100get 0.0100% / 8h5h 05m$357K$146K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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: −0.280% → −0.161%
−$11.89
Slippage, 4 orders
−$426.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$454.63
Costs to cover
4.427%
Break-even
never at this rate
Slippage from KuCoin: live order book, 18 min ago; MEXC: live order book, 39 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 KuCoin live order book, 18 min ago32.48 bp175.6 bp −$176doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 39 min ago2.33 bp27.7 bp −$28113.4 bp −$1,134209.2 bp −$20.9K296.5 bp −$148.2K

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−0.1802%1h0.2138−0.184%$20K$78910xas long as short
BloFin BAND-USDT+0.0099%8h0.2145+0.140%$75K$8K50xas long as short
Binance BANDUSDT+0.0100%8h0.2136−0.274%$1.3M$1.7M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2139−0.140%$304K$187K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2137−0.233%$232K$409K10xas long as short
Gate BAND_USDT+0.0100%8h0.2146+0.187%$199K$63K20xas long as short
MEXC BAND_USDTshort+0.0100%8h0.2136−0.280%$357K$146K100x
KuCoin BANDUSDTMlong+0.0100%8h0.2142long leg$742K$54K30x
Bitget BANDUSDT+0.0100%8h0.21420.000%$801K$105K50xas long as short
Variational Omni BAND+0.0100%8h0.2137−0.230%$7K$963as long as short