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

BBX

RWAall BBX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.6% APRnext payment $0.70 per $10,000 · paid last 24h +0.111%
Price spread now: Bybit against Binance+0.070%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2472.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.356%+$36 on $10k
Price spread, last 2 days (all we have)+0.065%+$7 · spread now +0.070%, 7d avg +0.088%
Together, before fees+0.422%+$42 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BBXUSDT8.58000.0252pay 0.0252% / 8h7h 16m$1.2M$2.1M20x
ShortBybit BBXUSDT8.58600.0183get 0.0183% / 8h7h 16m$441K$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
−$14.63
Price spread: +0.070% → +0.088%
−$1.79
Slippage, 4 orders
−$226.33
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$263.76
Costs to cover
2.473%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 5 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 Binance live order book, 3 min ago1.16 bp25.5 bp −$2697.0 bp −$970doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.66 bp99.3 bp −$99187.6 bp −$1,876doesn't fitdoesn't fit

BBX 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
Aster BBXUSDT0.0000%8h8.5711−0.104%$4K$7K20xas long as short
GRVT BBX_USDT_Perp0.0000%8h8.5878+0.091%$945$161K10xas long as short
SunX BBX-USDT0.0000%8h8.5700−0.117%$942$817K10xas long as short
HTX BBX-USDT0.0000%8h8.5900+0.117%$7K$2K10xas long as short
Variational Omni BBX+0.0031%8h8.5856+0.065%$145K$10Kas long as short
KuCoin BBXUSDTM+0.0100%8h8.6000+0.233%$136K$432K20xas long as short
Bybit BBXUSDTshort+0.0183%8h8.5860+0.070%$441K$1.8M25x
Binance BBXUSDTlong+0.0252%8h8.5800long leg$1.2M$2.1M20x
Nado BBX-PERP+0.1072%1h8.5867+0.079%$60K$13K3xas long as short