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

BAND

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Alert: funding
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Alert: spread
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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: Bitget against OKX−0.047%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1741.741% of the position
Long on OKXShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.047%, 7d avg +0.081%
Together, before fees+0.105%+$10 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: Bitget is 0.127% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BAND-USDT-SWAP0.21440.0100pay 0.0100% / 8h6h 06m$234K$418K10x
ShortBitget BANDUSDT0.21430.0100get 0.0100% / 8h6h 06m$802K$106K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: −0.047% → +0.081%
−$12.73
Slippage, 4 orders
−$152.1
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$186.84
Costs to cover
1.741%
Break-even
never at this rate
Slippage from OKX: live order book, 59 min ago; Bitget: live order book, 59 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 OKX live order book, 59 min ago2.33 bp46.7 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 59 min ago20.92 bp42.2 bp −$42207.6 bp −$2,076doesn't fitdoesn't fit

BAND on 9 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−0.2294%1h0.2142−0.088%$20K$78910xas long as short
Binance BANDUSDT+0.0100%8h0.21440.000%$1.3M$1.8M50xas long as short
Bybit BANDUSDT+0.0100%8h0.21440.000%$306K$188K20xas long as short
OKX BAND-USDT-SWAPlong+0.0100%8h0.2144long leg$234K$418K10x
Gate BAND_USDT+0.0100%8h0.2146+0.093%$199K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.21440.000%$359K$148K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2148+0.187%$744K$58K30xas long as short
Bitget BANDUSDTshort+0.0100%8h0.2143−0.047%$802K$106K50x
Variational Omni BAND+0.0100%8h0.2146+0.099%$7K$963—as long as short