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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against GRVT+0.043%7-day average −0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$631as in the Funding arb table
Net, price: spread back to 7d avg − costs−$634as in the Price arb table
costs, in and out, $10k−$6526.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.212%+$21 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.043%, 7d avg −0.139%
Together, before fees+0.094%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.182% dearer against GRVT than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.139%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BBX_USDT_Perp8.59630get 0.0000% / 8h2h 51m$439$135K10x
ShortKuCoin BBXUSDTM8.60000.0100get 0.0100% / 8h2h 51m$137K$397K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.043% → −0.139%
$18.23
Slippage, 4 orders
−$630.99
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$612.76
Costs to cover
6.520%
Break-even
211.3 days
Slippage from GRVT: live order book, 56 min ago; KuCoin: live order book, 7 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, 56 min ago5.82 bp107.2 bp −$107179.7 bp −$1,797doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago5.82 bp202.6 bp −$203doesn't fitdoesn'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%8h8.5834−0.150%$4K$7K20xas long as short
GRVT BBX_USDT_Perplong0.0000%8h8.5963long leg$439$135K10x
SunX BBX-USDT0.0000%8h8.5800−0.190%$1K$638K10xas long as short
HTX BBX-USDT0.0000%8h8.6000+0.043%$7K$2K10xas long as short
KuCoin BBXUSDTMshort+0.0100%8h8.6000+0.043%$137K$397K20x
Variational Omni BBX+0.0378%8h8.5860−0.120%$146K$15Kas long as short
Binance BBXUSDT+0.0600%8h8.5906−0.067%$1.2M$2.0M20xas long as short
Nado BBX-PERP+0.0811%1h8.5724−0.279%$60K$13K3xas long as short
Bybit BBXUSDT+0.0877%8h8.5960−0.004%$441K$268K25xas long as short