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

BAND

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1881%/8h= −206.0% APRpaid last 24h −0.554%
Price spread now: Kraken Futures against Variational Omni+0.492%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.492% dearer against Variational Omni than usual: you sell high and buy low (spread +0.492% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$56 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BAND0.21500.0100pay 0.0100% / 8h4h 26m$7K$963
ShortKraken Futures PF_BANDUSD0.2160−0.1781pay 0.0223% / 1h26m 00s$20K$93910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
−$395.04
Price spread: +0.492% → 0.000%
$49.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$355.82
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_BANDUSDshort−0.1781%1h0.2160+0.492%$20K$93910x
Binance BANDUSDT+0.0100%8h0.2148−0.059%$1.3M$1.7M50xas long as short
Bybit BANDUSDT+0.0100%8h0.2149−0.028%$306K$186K20xas long as short
OKX BAND-USDT-SWAP+0.0100%8h0.2149−0.028%$232K$413K10xas long as short
Gate BAND_USDT+0.0100%8h0.2156+0.298%$199K$63K20xas long as short
MEXC BAND_USDT+0.0100%8h0.2149−0.028%$364K$146K100xas long as short
KuCoin BANDUSDTM+0.0100%8h0.2151+0.065%$744K$55K30xas long as short
Bitget BANDUSDT+0.0100%8h0.2148−0.075%$804K$105K50xas long as short
Variational Omni BANDlong+0.0100%8h0.2150long leg$7K$963
BloFin BAND-USDT+0.0112%8h0.2149−0.028%$74K$8K50xas long as short