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

BAND

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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: OKX against KuCoin−0.046%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$797as in the Funding arb table
Net, price: spread back to 7d avg − costs−$788as in the Price arb table
costs, in and out, $10k−$7957.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.046%, 7d avg −0.119%
Together, before fees−0.046%−$5 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: OKX is 0.072% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.119%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANDUSDTM0.21530.0100pay 0.0100% / 8h4h 17m$745K$55K30x
ShortOKX BAND-USDT-SWAP0.21520.0100get 0.0100% / 8h4h 17m$233K$414K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.046% → −0.119%
$7.24
Slippage, 4 orders
−$773.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$788
Costs to cover
7.952%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 38 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, 2 min ago23.26 bp488.4 bp −$488doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 38 min ago4.65 bp61.4 bp −$61doesn't fitdoesn't fitdoesn't fit

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−0.1788%1h0.2152−0.048%$20K$93910xas long as short
Binance BANDUSDT+0.0100%8h0.2150−0.130%$1.4M$1.7M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2152−0.046%$306K$186K20xas long as short
OKX BAND-USDT-SWAPshort+0.0100%8h0.2152−0.046%$233K$414K10x
Gate BAND_USDT+0.0100%8h0.2156+0.139%$199K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2150−0.139%$365K$147K100xas long as short
KuCoin BANDUSDTMlong+0.0100%8h0.2153long leg$745K$55K30x
Bitget BANDUSDT+0.0100%8h0.2152−0.046%$805K$105K50xas long as short
Variational Omni BAND+0.0100%8h0.2152−0.065%$7K$963as long as short
BloFin BAND-USDT+0.0122%8h0.2147−0.279%$75K$8K50xas long as short