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

BSB

all BSB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.48 per $10,000 · paid last 24h −0.060%
Price spread now: SunX against BloFin−0.085%55s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2012.008% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.085%, 7d avg −0.023%
Together, before fees−0.087%−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.062% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.023%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BSB-USDT0.10560.0196pay 0.0098% / 4h26m 14s$271K$42K10x
ShortSunX BSB-USDT0.10550.0100get 0.0050% / 4h26m 14s$1K$947K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
−$20.18
Price spread: −0.085% → −0.023%
−$6.18
Slippage, 4 orders
−$180.79
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$227.15
Costs to cover
2.008%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; SunX: live order book, 66 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 BloFin live order book, 6 min ago2.37 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 66 min ago46.21 bp79.0 bp −$79doesn't fitdoesn't fitdoesn't fit

BSB on 13 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
Bybit BSBUSDT+0.0100%4h0.1053−0.199%$2.9M$790K25xas long as short
OKX BSB-USDT-SWAP+0.0100%4h0.1054−0.152%$1.2M$2.0M10xas long as short
KuCoin BSBUSDTM+0.0100%4h0.1053−0.189%$495K$131K10xas long as short
Bitget BSBUSDT+0.0100%4h0.1054−0.171%$3.4M$870K10xas long as short
Variational Omni BSB+0.0100%4h0.1055−0.074%$2K$2Kas long as short
SunX BSB-USDTshort+0.0100%4h0.1055−0.085%$1K$947K10x
Extended BSB-USD+0.0160%1h0.1054−0.137%$636$176K5xas long as short
MEXC BSB_USDT+0.0162%4h0.1054−0.114%$1.1M$168K50xas long as short
Binance BSBUSDT+0.0163%4h0.1054−0.110%$6.0M$3.5M10xas long as short
BingX BSB-USDT+0.0170%4h0.1054−0.133%$1.7Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BSB-USDTlong+0.0196%4h0.1056long leg$271K$42K10x
Aster BSBUSDT+0.0256%4h0.1053−0.213%$29K$16K5xas long as short
Gate BSB_USDT+0.0428%4h0.1056+0.019%$650K$143K20xas long as short