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: Binance against OKX−0.070%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1811.811% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now −0.070%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.021% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BAND-USDT-SWAP | 0.2150 | 0.0100 | pay 0.0100% / 8h | 5h 15m | $234K | $411K | 10x |
| Short | Binance BANDUSDT | 0.2149 | 0.0100 | get 0.0100% / 8h | 5h 15m | $1.3M | $1.7M | 50x |
OKX BAND-USDT-SWAP
Binance BANDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: −0.070% → −0.049%
- −$2.06
- Slippage, 4 orders
- −$161.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$183.12
- Costs to cover
- 1.811%
- Break-even
- never at this rate
Slippage from OKX: live order book, 45 min ago; Binance: live order book, 3 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 OKX live order book, 45 min ago | 4.66 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 4.65 bp | 34.0 bp −$34 | 175.2 bp −$1,752 | 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 | −0.1798% | 1h | 0.2143 | −0.346% | $20K | $789 | 10x | as long as short |
| BloFin BAND-USDT | +0.0083% | 8h | 0.2150 | 0.000% | $75K | $8K | 50x | as long as short |
| Binance BANDUSDTshort | +0.0100% | 8h | 0.2149 | −0.070% | $1.3M | $1.7M | 50x | |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2152 | +0.093% | $306K | $187K | 20x | as long as short |
| OKX BAND-USDT-SWAPlong | +0.0100% | 8h | 0.2150 | long leg | $234K | $411K | 10x | |
| Gate BAND_USDT | +0.0100% | 8h | 0.2158 | +0.372% | $200K | $63K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2148 | −0.093% | $359K | $146K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2156 | +0.279% | $747K | $54K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2150 | 0.000% | $805K | $105K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2154 | +0.167% | $7K | $963 | — | as long as short |
Kraken Futures PF_BANDUSD
BloFin BAND-USDT
Bybit BANDUSDT
Gate BAND_USDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND