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: KuCoin against MEXC+0.282%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$688as in the Funding arb table
Net, price: spread back to 7d avg − costs−$677as in the Price arb table
costs, in and out, $10k−$6896.889% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.282%, 7d avg +0.163%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.119% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.163%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BAND_USDT | 0.2127 | 0.0100 | pay 0.0100% / 8h | 6h 41m | $362K | $145K | 100x |
| Short | KuCoin BANDUSDTM | 0.2133 | 0.0100 | get 0.0100% / 8h | 6h 41m | $738K | $58K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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: +0.282% → +0.163%
- $11.9
- Slippage, 4 orders
- −$672.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$677.01
- Costs to cover
- 6.889%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 9 min ago; KuCoin: live order book, 72 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 MEXC live order book, 9 min ago | 4.68 bp | 21.8 bp −$22 | 112.8 bp −$1,128 | 213.1 bp −$21.3K | 298.7 bp −$149.3K |
| Sell KuCoin live order book, 72 min ago | 25.55 bp | 216.2 bp −$216 | doesn't fit | doesn't fit | doesn't fit |
BAND on 10 venues
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 | −0.2307% | 1h | 0.2130 | +0.125% | $19K | $789 | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2128 | +0.047% | $1.3M | $1.8M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2128 | +0.047% | $307K | $185K | 20x | as long as short |
| OKX BAND-USDT-SWAP | +0.0100% | 8h | 0.2128 | +0.047% | $231K | $418K | 10x | as long as short |
| Gate BAND_USDT | +0.0100% | 8h | 0.2129 | +0.094% | $197K | $63K | 20x | as long as short |
| MEXC BAND_USDTlong | +0.0100% | 8h | 0.2127 | long leg | $362K | $145K | 100x | |
| KuCoin BANDUSDTMshort | +0.0100% | 8h | 0.2133 | +0.282% | $738K | $58K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2130 | +0.141% | $797K | $106K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2133 | +0.290% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0103% | 8h | 0.2142 | +0.705% | $74K | $8K | 50x | as long as short |
MEXC BAND_USDT
KuCoin BANDUSDTM
Kraken Futures PF_BANDUSD
Binance BANDUSDT
Bybit BANDUSDT
OKX BAND-USDT-SWAP
Gate BAND_USDT
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT