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+0.0318%/8h= +34.8% APRnext payment +$3.18 per $10,000 · paid last 24h +0.152%
Price spread now: Bybit against GRVT+0.097%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$454as in the Price arb table
costs, in and out, $10k−$4604.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.348%+$35 on $10k
Price spread, last 4 days (all we have)+0.571%+$57 · spread now +0.097%, 7d avg +0.045%
Together, before fees+0.919%+ Points / potential airdropGRVT: Active · farm board+$92 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.052% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BBX_USDT_Perp8.57270get 0.0000% / 8h6h 28m$761$156K10x
ShortBybit BBXUSDT8.58100.0318get 0.0318% / 8h6h 28m$440K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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
$66.72
Price spread: +0.097% → +0.045%
$5.18
Slippage, 4 orders
−$439.6
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$387.71
Costs to cover
4.596%
Break-even
47.7 days
Slippage from GRVT: live order book, 34 min ago; Bybit: live order book, 2 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 GRVT live order book, 34 min ago5.83 bp102.3 bp −$102169.3 bp −$1,693doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago5.82 bp138.0 bp −$138235.7 bp −$2,357doesn'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%8h8.5699−0.032%$4K$7K20xas long as short
GRVT BBX_USDT_Perplong0.0000%8h8.5727long leg$761$156K10x
SunX BBX-USDT0.0000%8h8.5800+0.085%$1K$761K10xas long as short
HTX BBX-USDT0.0000%8h8.6000+0.319%$7K$2K10xas long as short
Variational Omni BBX+0.0055%8h8.57270.000%$143K$12Kas long as short
KuCoin BBXUSDTM+0.0100%8h8.6000+0.319%$136K$420K20xas long as short
Binance BBXUSDT+0.0292%8h8.5860+0.155%$1.2M$2.0M20xas long as short
Bybit BBXUSDTshort+0.0318%8h8.5810+0.097%$440K$1.4M25x
Nado BBX-PERP+0.0687%1h8.5623−0.121%$59K$13K3xas long as short