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

BB

RWAall BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.060%
Price spread now: Lighter against Extended+0.124%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.124% dearer against Extended than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BB-USD8.53980.0696pay 0.0087% / 1h10m 57s$9K$11K10x
ShortLighter BB8.55040.0808get 0.0101% / 1h10m 57s$187K$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
$23.52
Price spread: +0.124% → 0.000%
$12.42
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
$30.94
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Lighter live order book, 4 min ago20.45 bp20.5 bp −$2027.5 bp −$27569.4 bp −$6,943doesn't fit
Extended: 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.

BB on 9 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
Bitget BBSTOCKUSDT0.0000%8h8.5260−0.162%$49K$16K20xas long as short
QFEX BB-USD+0.0008%1h8.5300−0.115%$1.1M$192K10xas long as short
Vest BB-USD-PERP+0.0046%1h8.5100−0.349%$87510xas long as short
Ondo Perps BB-USD.P+0.0050%1h8.5352−0.054%$490K$390K10xas long as short
OKX BB-USDT-SWAP+0.0086%8h8.5310−0.103%$208K$534K20xas long as short
MEXC BBSTOCK_USDT+0.0091%8h8.5300−0.115%$310K$108K50xas long as short
Extended BB-USDlong+0.0696%1h8.5398long leg$9K$11K10x
tradeXYZ xyz:BB+0.0708%1h8.5401+0.004%$10.8M$3.1M10xas long as short
Lighter BBshort+0.0808%1h8.5504+0.124%$187K$149K10x