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 MEXC+0.046%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.046%, 7d avg +0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BAND_USDT | 0.2151 | 0.0100 | pay 0.0100% / 8h | 4h 24m | $365K | $146K | 100x |
| Short | OKX BAND-USDT-SWAP | 0.2152 | 0.0100 | get 0.0100% / 8h | 4h 24m | $233K | $413K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.046% → +0.043%
- $0.35
- Slippage, 4 orders
- −$159.98
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$173.63
- Costs to cover
- 1.740%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 16 min ago; OKX: live order book, 31 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, 16 min ago | 4.68 bp | 31.4 bp −$31 | 117.6 bp −$1,176 | 209.2 bp −$20.9K | 306.8 bp −$153.4K |
| Sell OKX live order book, 31 min ago | 4.65 bp | 61.4 bp −$61 | 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 | −0.1780% | 1h | 0.2162 | +0.499% | $20K | $939 | 10x | as long as short |
| BloFin BAND-USDT | +0.0075% | 8h | 0.2150 | −0.046% | $74K | $8K | 50x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2151 | +0.015% | $1.3M | $1.7M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2150 | −0.046% | $306K | $186K | 20x | as long as short |
| OKX BAND-USDT-SWAPshort | +0.0100% | 8h | 0.2152 | +0.046% | $233K | $413K | 10x | |
| Gate BAND_USDT | +0.0100% | 8h | 0.2156 | +0.232% | $199K | $63K | 20x | as long as short |
| MEXC BAND_USDTlong | +0.0100% | 8h | 0.2151 | long leg | $365K | $146K | 100x | |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2152 | +0.046% | $745K | $55K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2149 | −0.093% | $804K | $105K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2150 | −0.065% | $7K | $963 | — | as long as short |
MEXC BAND_USDT
OKX BAND-USDT-SWAP
Kraken Futures PF_BANDUSD
BloFin BAND-USDT
Binance BANDUSDT
Bybit BANDUSDT
Gate BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND