Funding arb · Price arb /

BSB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.121%

Price spread now: Bybit against OKX+0.047%7-day average −0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$514as in the Funding arb table

Net, price: spread back to 7d avg − costs−$478as in the Price arb table

costs, in and out, $10k−$4894.895% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.247%−$25 on $10k

Price spread, last 7 days−0.152%−$15 · spread now +0.047%, 7d avg −0.063%

Together, before fees−0.399%−$40 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.110% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.063%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BSB-USDT-SWAP	0.1055	0.0100	pay 0.0050% / 4h	28m 32s	$1.2M	$2.0M	10x
Short	Bybit BSBUSDT	0.1055	0.0100	get 0.0050% / 4h	28m 32s	$2.9M	$788K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → −0.063%: $11
Slippage, 4 orders: −$468.48
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$478.48
Costs to cover: 4.895%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 4 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 OKX live order book, 3 min ago	1.89 bp	29.6 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	4.27 bp	179.5 bp −$179	1032.7 bp −$10.3K	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 BSBUSDTshort	+0.0100%	4h	0.1055	+0.047%	$2.9M	$788K	25x
OKX BSB-USDT-SWAPlong	+0.0100%	4h	0.1055	long leg	$1.2M	$2.0M	10x
KuCoin BSBUSDTM	+0.0100%	4h	0.1055	+0.085%	$496K	$129K	10x	as long as short
Bitget BSBUSDT	+0.0100%	4h	0.1055	+0.057%	$3.4M	$870K	10x	as long as short
Variational Omni BSB	+0.0100%	4h	0.1055	+0.020%	$2K	$2K	—	as long as short
SunX BSB-USDT	+0.0100%	4h	0.1057	+0.218%	$2K	$947K	10x	as long as short
BloFin BSB-USDT	+0.0113%	4h	0.1057	+0.266%	$271K	$42K	10x	as long as short
BingX BSB-USDT	+0.0132%	4h	0.1055	+0.038%	—	$1.7M	—	as long as short
Extended BSB-USD	+0.0168%	1h	0.1056	+0.114%	$3K	$173K	5x	as long as short
Binance BSBUSDT	+0.0170%	4h	0.1056	+0.133%	$6.1M	$3.5M	10x	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	+0.0170%	4h	0.1056	+0.142%	$1.1M	$168K	50x	as long as short
Aster BSBUSDT	+0.0264%	4h	0.1055	+0.038%	$29K	$16K	5x	as long as short
Gate BSB_USDT	+0.0428%	4h	0.1058	+0.332%	$652K	$143K	20x	as long as short