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: Gate against MEXC+0.466%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3823.816% of the position
Long on MEXCShort on Gate
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)−0.466%−$47 · spread now +0.466%, 7d avg +0.098%
Together, before fees−0.454%−$45 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: Gate is 0.368% dearer against MEXC than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BAND_USDT0.21480.0100pay 0.0100% / 8h7h 38m$372K$148K100x
ShortGate BAND_USDT0.21580.0100get 0.0100% / 8h7h 38m$200K$63K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.466% → +0.098%
$36.77
Slippage, 4 orders
−$362.59
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$344.82
Costs to cover
3.816%
Break-even
never at this rate
Slippage from MEXC: live order book, 17 min ago; Gate: live order book, 27 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, 17 min ago2.33 bp16.9 bp −$1797.9 bp −$979200.8 bp −$20.1K291.6 bp −$145.8K
Sell Gate live order book, 27 min ago34.88 bp202.6 bp −$203doesn'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−0.1647%1h0.2150+0.070%$20K$78910xas long as short
BloFin BAND-USDT+0.0073%8h0.2152+0.186%$75K$8K50xas long as short
Binance BANDUSDT+0.0100%8h0.2148+0.017%$1.4M$1.8M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2150+0.093%$329K$175K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2149+0.047%$235K$412K10xas long as short
Gate BAND_USDTshort+0.0100%8h0.2158+0.466%$200K$63K20x
MEXC BAND_USDTlong+0.0100%8h0.2148long leg$372K$148K100x
KuCoin BANDUSDTM+0.0100%8h0.2155+0.326%$748K$64K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2151+0.140%$805K$108K50xas long as short
Variational Omni BAND+0.0100%8h0.2153+0.217%$7K$963—as long as short