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

BAND

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Alert: funding
Alert: spread
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 OKX+0.141%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$731as in the Funding arb table
Net, price: spread back to 7d avg − costs−$731as in the Price arb table
costs, in and out, $10k−$7337.327% of the position
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)−0.115%−$12 · spread now +0.141%, 7d avg +0.121%
Together, before fees−0.099%−$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: KuCoin is 0.020% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BAND-USDT-SWAP0.21320.0100pay 0.0100% / 8h6h 45m$232K$418K10x
ShortKuCoin BANDUSDTM0.21350.0100get 0.0100% / 8h6h 45m$739K$58K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.141% → +0.121%
$2.02
Slippage, 4 orders
−$710.75
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$730.73
Costs to cover
7.327%
Break-even
never at this rate
Slippage from OKX: live order book, 20 min ago; KuCoin: live order book, 69 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, 20 min ago2.33 bp46.7 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 69 min ago25.55 bp216.2 bp −$216doesn't fitdoesn't fitdoesn't fit

BAND on 10 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−0.2308%1h0.2130−0.111%$19K$78910xas long as short
Binance BANDUSDT+0.0100%8h0.2130−0.081%$1.3M$1.8M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2131−0.047%$309K$184K20xas long as short
OKX BAND-USDT-SWAPlong+0.0100%8h0.2132long leg$232K$418K10x
Gate BAND_USDT+0.0100%8h0.2137+0.235%$198K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2133+0.047%$363K$145K100xas long as short
KuCoin BANDUSDTMshort+0.0100%8h0.2135+0.141%$739K$58K30x
Bitget BANDUSDT+0.0100%8h0.2133+0.047%$798K$106K50xas long as short
Variational Omni BAND+0.0100%8h0.2133+0.055%$7K$963as long as short
BloFin BAND-USDT+0.0103%8h0.2142+0.469%$74K$8K50xas long as short