Funding arb · Price arb /

BSB

all BSB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0252%/8h= +27.6% APRpaid last 24h +0.063%

Price spread now: Extended against Bybit+0.154%7-day average +0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs−$550as in the Funding arb table

Net, price: spread back to 7d avg − costs−$565as in the Price arb table

costs, in and out, $10k−$5675.675% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.154%, 7d avg +0.125%

Together, before fees+0.085%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.125%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BSBUSDT	0.1052	0.0100	pay 0.0050% / 4h	3h 39m	$2.9M	$752K	25x
Short	Extended BSB-USD	0.1054	0.0352	get 0.0044% / 1h	39m 49s	$127	$276K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee ExtendedbpOrdersPrice spread, now +0.154%Rate

Funding earned: $52.92
Price spread: +0.154% → +0.125%: $2.95
Slippage, 4 orders: −$551.48
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$511.61
Costs to cover: 5.675%
Break-even: 74.7 days

Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 57 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 Bybit live order book, 2 min ago	5.22 bp	272.0 bp −$272	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 57 min ago	4.73 bp	38.0 bp −$38	doesn't fit	doesn't fit	doesn't fit

BSB on 13 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
Bybit BSBUSDTlong	+0.0100%	4h	0.1052	long leg	$2.9M	$752K	25x
OKX BSB-USDT-SWAP	+0.0100%	4h	0.1053	+0.038%	$1.2M	$1.9M	10x	as long as short
Bitget BSBUSDT	+0.0100%	4h	0.1053	+0.038%	$3.4M	$900K	10x	as long as short
Variational Omni BSB	+0.0100%	4h	0.1053	+0.022%	$2K	$2K	—	as long as short
SunX BSB-USDT	+0.0100%	4h	0.1054	+0.181%	$2K	$979K	10x	as long as short
KuCoin BSBUSDTM	+0.0202%	4h	0.1055	+0.266%	$604K	$207K	10x	as long as short
Aster BSBUSDT	+0.0241%	4h	0.1054	+0.195%	$30K	$16K	5x	as long as short
BloFin BSB-USDT	+0.0322%	4h	0.1055	+0.200%	$273K	$43K	10x	as long as short
Gate BSB_USDT	+0.0334%	4h	0.1054	+0.133%	$618K	$163K	20x	as long as short
BingX BSB-USDT	+0.0344%	4h	0.1053	+0.057%	—	$1.7M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BSB_USDT	+0.0348%	4h	0.1054	+0.143%	$1.1M	$165K	50x	as long as short
Binance BSBUSDT	+0.0350%	4h	0.1054	+0.176%	$6.0M	$3.5M	10x	as long as short
Extended BSB-USDshort	+0.0352%	1h	0.1054	+0.154%	$127	$276K	5x