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

BSB

all BSB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against KuCoin+0.232%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,283as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,287as in the Price arb table
costs, in and out, $10k−$1,29912.987% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.232%, 7d avg +0.113%
Together, before fees−0.066%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.119% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BSBUSDTM0.10530.0100pay 0.0050% / 4h2h 37m$500K$139K10x
ShortBinance BSBUSDT0.10560.0212get 0.0106% / 4h2h 37m$6.1M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$23.55
Price spread: +0.232% → +0.113%
$11.87
Slippage, 4 orders
−$1,276.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,263.32
Costs to cover
12.987%
Break-even
382.5 days
Slippage from KuCoin: live order book, 21 min ago; Binance: live order book, 1 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 KuCoin live order book, 21 min ago15.64 bp650.5 bp −$650doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 1 min ago1.90 bp23.9 bp −$24207.7 bp −$2,077doesn'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%4h0.1053−0.047%$2.9M$785K25xas long as short
OKX BSB-USDT-SWAP+0.0100%4h0.1055+0.142%$1.2M$1.9M10xas long as short
KuCoin BSBUSDTMlong+0.0100%4h0.1053long leg$500K$139K10x
Bitget BSBUSDT+0.0100%4h0.1054+0.019%$3.4M$897K10xas long as short
Variational Omni BSB+0.0100%4h0.1054+0.022%$2K$2Kas long as short
SunX BSB-USDT+0.0100%4h0.1056+0.218%$1K$952K10xas long as short
BloFin BSB-USDT+0.0186%4h0.1054+0.085%$274K$43K10xas long as short
MEXC BSB_USDT+0.0212%4h0.1056+0.209%$1.1M$165K50xas long as short
Binance BSBUSDTshort+0.0212%4h0.1056+0.232%$6.1M$3.5M10x
Extended BSB-USD+0.0216%1h0.1056+0.213%$198$176K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BSB-USDT+0.0224%4h0.1054+0.019%$1.7Mas long as short
Aster BSBUSDT+0.0240%4h0.1055+0.125%$29K$16K5xas long as short
Gate BSB_USDT+0.0568%4h0.1055+0.104%$648K$145K20xas long as short