Funding arb · Price arb /

BSB

all BSB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0818%/8h= +89.6% APRpaid last 24h +0.051%

Price spread now: Gate against Extended+0.109%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$503as in the Funding arb table

Net, price: spread back to 7d avg − costs−$508as in the Price arb table

costs, in and out, $10k−$5175.170% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.109%, 7d avg +0.014%

Together, before fees+0.110%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Gate is 0.095% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.014%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% 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	Extended BSB-USD	0.1063	0.0176	pay 0.0022% / 1h	32m 41s	$3K	$176K	5x
Short	Gate BSB_USDT	0.1064	0.0994	get 0.0497% / 4h	3h 32m	$654K	$143K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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 ExtendedbpFee GatebpOrdersPrice spread, now +0.109%Rate

Funding earned: $171.78
Price spread: +0.109% → +0.014%: $9.5
Slippage, 4 orders: −$497.01
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$335.73
Costs to cover: 5.170%
Break-even: 20.7 days

Slippage from Extended: live order book, 18 min ago; Gate: live order book, 19 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 Extended live order book, 18 min ago	4.23 bp	62.8 bp −$63	426.1 bp −$4,261	doesn't fit	doesn't fit
Sell Gate live order book, 19 min ago	8.91 bp	152.3 bp −$152	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 BSBUSDT	+0.0100%	4h	0.1062	−0.069%	$2.9M	$791K	25x	as long as short
OKX BSB-USDT-SWAP	+0.0100%	4h	0.1063	+0.053%	$1.2M	$2.0M	10x	as long as short
KuCoin BSBUSDTM	+0.0100%	4h	0.1062	−0.060%	$499K	$132K	10x	as long as short
Bitget BSBUSDT	+0.0100%	4h	0.1063	+0.034%	$3.5M	$839K	10x	as long as short
Variational Omni BSB	+0.0100%	4h	0.1062	−0.030%	$2K	$2K	—	as long as short
SunX BSB-USDT	+0.0100%	4h	0.1063	+0.006%	$1K	$944K	10x	as long as short
BloFin BSB-USDT	+0.0118%	4h	0.1065	+0.203%	$273K	$43K	10x	as long as short
Extended BSB-USDlong	+0.0176%	1h	0.1063	long leg	$3K	$176K	5x
MEXC BSB_USDT	+0.0176%	4h	0.1063	+0.034%	$1.1M	$166K	50x	as long as short
BingX BSB-USDT	+0.0176%	4h	0.1063	+0.025%	—	$1.7M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BSBUSDT	+0.0177%	4h	0.1063	+0.065%	$6.1M	$3.5M	10x	as long as short
Aster BSBUSDT	+0.0288%	4h	0.1062	−0.013%	$29K	$17K	5x	as long as short
Gate BSB_USDTshort	+0.0994%	4h	0.1064	+0.109%	$654K	$143K	20x