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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BAND-USDT-SWAP | 0.2132 | 0.0100 | pay 0.0100% / 8h | 6h 45m | $232K | $418K | 10x |
| Short | KuCoin BANDUSDTM | 0.2135 | 0.0100 | get 0.0100% / 8h | 6h 45m | $739K | $58K | 30x |
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 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: +0.141% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 20 min ago | 2.33 bp | 46.7 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 25.55 bp | 216.2 bp −$216 | 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 | −0.2308% | 1h | 0.2130 | −0.111% | $19K | $789 | 10x | as long as short |
| Binance BANDUSDT | +0.0100% | 8h | 0.2130 | −0.081% | $1.3M | $1.8M | 50x | as long as short |
| Bybit BANDUSDT | +0.0100% | 8h | 0.2131 | −0.047% | $309K | $184K | 20x | as long as short |
| OKX BAND-USDT-SWAPlong | +0.0100% | 8h | 0.2132 | long leg | $232K | $418K | 10x | |
| Gate BAND_USDT | +0.0100% | 8h | 0.2137 | +0.235% | $198K | $63K | 20x | as long as short |
| MEXC BAND_USDT | +0.0100% | 8h | 0.2133 | +0.047% | $363K | $145K | 100x | as long as short |
| KuCoin BANDUSDTMshort | +0.0100% | 8h | 0.2135 | +0.141% | $739K | $58K | 30x | |
| Bitget BANDUSDT | +0.0100% | 8h | 0.2133 | +0.047% | $798K | $106K | 50x | as long as short |
| Variational Omni BAND | +0.0100% | 8h | 0.2133 | +0.055% | $7K | $963 | — | as long as short |
| BloFin BAND-USDT | +0.0103% | 8h | 0.2142 | +0.469% | $74K | $8K | 50x | as long as short |
OKX BAND-USDT-SWAP
KuCoin BANDUSDTM
Kraken Futures PF_BANDUSD
Binance BANDUSDT
Bybit BANDUSDT
Gate BAND_USDT
MEXC BAND_USDT
Bitget BANDUSDT
Variational Omni BAND
BloFin BAND-USDT