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 OKX+0.279%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$527as in the Funding arb table
Net, price: spread back to 7d avg − costs−$507as in the Price arb table
costs, in and out, $10k−$5295.287% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.279%−$28 · spread now +0.279%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.220% dearer against OKX than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.060%.
| 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 | 4h 27m | $233K | $413K | 10x |
| Short | Gate BAND_USDT | 0.2156 | 0.0100 | get 0.0100% / 8h | 4h 27m | $199K | $63K | 20x |
OKX BAND-USDT-SWAP
Gate BAND_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.279% → +0.060%
- $21.95
- Slippage, 4 orders
- −$503.66
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$506.71
- Costs to cover
- 5.287%
- Break-even
- never at this rate
Slippage from OKX: live order book, 28 min ago; Gate: live order book, 24 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, 28 min ago | 4.65 bp | 59.4 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 32.63 bp | 210.1 bp −$210 | 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 | +0.546% | $20K | $939 | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2147 | −0.140% | $1.3M | $1.7M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2150 | 0.000% | $306K | $186K | 20x | as long as short |
| OKX BAND-USDT-SWAPlong | +0.0100% | 8h | 0.2150 | long leg | $233K | $413K | 10x | |
| Gate BAND_USDTshort | +0.0100% | 8h | 0.2156 | +0.279% | $199K | $63K | 20x | |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2147 | −0.140% | $364K | $146K | 100x | as long as short |
| KuCoin BANDUSDTM | +0.0100% | 8h | 0.2151 | +0.047% | $744K | $55K | 30x | as long as short |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2148 | −0.093% | $804K | $105K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2150 | +0.006% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0102% | 8h | 0.2152 | +0.093% | $75K | $8K | 50x | as long as short |
Kraken Futures PF_BANDUSD
Binance BANDUSDT
Bybit BANDUSDT
MEXC BAND_USDT
KuCoin BANDUSDTM
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT