BSB

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0208%/8h= +22.7% APRnext payment +$1.04 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against OKX0.000%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$539as in the Funding arb table

Net, price: spread back to 7d avg − costs−$552as in the Price arb table

costs, in and out, $10k−$5455.448% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 4 days (all we have)+0.115%+$11 · spread now 0.000%, 7d avg +0.074%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.074% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.074%). If the spread goes back, that is −$7 on $10k: about 29 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.062% in total) that is about 8.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.04 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BSB-USDT-SWAP	0.1035	−0.0108	get 0.0054% / 4h	1h 31m	$1.2M	$1.7M	10x
Short	Gate BSB_USDT	0.1035	0.0100	get 0.0050% / 4h	1h 31m	$603K	$154K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $43.59
Price spread: 0.000% → +0.074%: −$7.41
Slippage, 4 orders: −$519.83
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$508.65
Costs to cover: 5.448%
Break-even: 88.7 days

Slippage from OKX: live order book, 3 min ago; Gate: live order book, 13 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	3.87 bp	22.6 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 13 min ago	9.11 bp	366.2 bp −$366	doesn't fit	doesn't fit	doesn't fit

BSB on 13 exchanges

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
OKX BSB-USDT-SWAPlong	−0.0108%	4h	0.1035	long leg	$1.2M	$1.7M	10x
Bybit BSBUSDT	+0.0100%	4h	0.1034	−0.058%	$2.8M	$622K	25x	as long as short
Gate BSB_USDTshort	+0.0100%	4h	0.1035	0.000%	$603K	$154K	20x
KuCoin BSBUSDTM	+0.0100%	4h	0.1034	−0.039%	$526K	$398K	10x	as long as short
Bitget BSBUSDT	+0.0100%	4h	0.1035	−0.010%	$3.4M	$874K	10x	as long as short
Variational Omni BSB	+0.0100%	4h	0.1038	+0.293%	$2K	$2K	—	as long as short
SunX BSB-USDT	+0.0100%	4h	0.1035	+0.048%	$2K	$973K	10x	as long as short
Aster BSBUSDT	+0.0189%	4h	0.1035	+0.058%	$30K	$12K	5x	as long as short
Binance BSBUSDT	+0.0255%	4h	0.1036	+0.087%	$5.9M	$3.3M	10x	as long as short
Extended BSB-USD	+0.0256%	1h	0.1035	+0.047%	$269	$274K	5x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BSB_USDT	+0.0258%	4h	0.1036	+0.068%	$1.1M	$154K	50x	as long as short
BloFin BSB-USDT	+0.0289%	4h	0.1035	−0.029%	$271K	$40K	10x	as long as short
BingX BSB-USDT	+0.0290%	4h	0.1035	0.000%	—	$1.7M	—	as long as short