Funding arb · Price arb /

BSB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.054%

Price spread now: Variational Omni against Extended−0.131%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.131% cheaper against Extended than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BSB-USD	0.1056	0.0152	pay 0.0019% / 1h	30m 25s	$3K	$173K	5x
Short	Variational Omni BSB	0.1055	0.0100	get 0.0050% / 4h	30m 25s	$2K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.131%Rate

Funding earned: −$10.92
Price spread: −0.131% → 0.000%: −$13.15
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$29.07
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 26 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 26 min ago	2.85 bp	42.8 bp −$43	395.9 bp −$3,959	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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.

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	0.1055	−0.095%	$2.9M	$787K	25x	as long as short
OKX BSB-USDT-SWAP	+0.0100%	4h	0.1056	−0.048%	$1.2M	$2.0M	10x	as long as short
KuCoin BSBUSDTM	+0.0100%	4h	0.1055	−0.114%	$496K	$129K	10x	as long as short
Bitget BSBUSDT	+0.0100%	4h	0.1056	0.000%	$3.4M	$868K	10x	as long as short
Variational Omni BSBshort	+0.0100%	4h	0.1055	−0.131%	$2K	$2K	—
SunX BSB-USDT	+0.0100%	4h	0.1057	+0.123%	$1K	$947K	10x	as long as short
BloFin BSB-USDT	+0.0108%	4h	0.1057	+0.066%	$272K	$42K	10x	as long as short
BingX BSB-USDT	+0.0148%	4h	0.1056	−0.019%	—	$1.7M	—	as long as short
Extended BSB-USDlong	+0.0152%	1h	0.1056	long leg	$3K	$173K	5x
MEXC BSB_USDT	+0.0152%	4h	0.1056	+0.037%	$1.1M	$168K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BSBUSDT	+0.0153%	4h	0.1056	+0.028%	$6.1M	$3.5M	10x	as long as short
Aster BSBUSDT	+0.0249%	4h	0.1054	−0.177%	$29K	$16K	5x	as long as short
Gate BSB_USDT	+0.0428%	4h	0.1058	+0.161%	$651K	$143K	20x	as long as short