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

BAND

all BAND markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

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: Bybit against MEXC+0.140%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2592.593% of the position
Long on MEXCShort on Bybit
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)−0.344%−$34 · spread now +0.140%, 7d avg +0.078%
Together, before fees−0.332%−$33 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: Bybit is 0.061% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BAND_USDT0.21490.0100pay 0.0100% / 8h5h 14m$360K$146K100x
ShortBybit BANDUSDT0.21520.0100get 0.0100% / 8h5h 14m$306K$187K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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: +0.140% → +0.078%
$6.12
Slippage, 4 orders
−$244.29
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$253.17
Costs to cover
2.593%
Break-even
never at this rate
Slippage from MEXC: live order book, 30 min ago; Bybit: live order book, 40 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 MEXC live order book, 30 min ago2.33 bp19.2 bp −$1998.4 bp −$984201.4 bp −$20.1K287.6 bp −$143.8K
Sell Bybit live order book, 40 min ago9.33 bp110.4 bp −$110doesn'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−0.1798%1h0.2143−0.300%$20K$78910xas long as short
BloFin BAND-USDT+0.0083%8h0.2150+0.047%$75K$8K50xas long as short
Binance BANDUSDT+0.0100%8h0.2149−0.023%$1.3M$1.7M50xas long as short
Bybit BANDUSDTshort+0.0100%8h0.2152+0.140%$306K$187K20x
OKX BAND-USDT-SWAP+0.0100%8h0.21490.000%$234K$411K10xas long as short
Gate BAND_USDT+0.0100%8h0.2158+0.419%$200K$63K20xas long as short
MEXC BAND_USDTlong+0.0100%8h0.2149long leg$360K$146K100x
KuCoin BANDUSDTM+0.0100%8h0.2156+0.326%$747K$54K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2150+0.047%$805K$105K50xas long as short
Variational Omni BAND+0.0100%8h0.2154+0.213%$7K$963—as long as short