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

BBX

RWAall BBX markets
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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: SunX against KuCoin−0.579%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$862as in the Funding arb table
Net, price: spread back to 7d avg − costs−$894as in the Price arb table
costs, in and out, $10k−$8418.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)+0.830%+$83 · spread now −0.579%, 7d avg −0.047%
Together, before fees+0.620%+$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.533% cheaper against KuCoin than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BBXUSDTM8.63000.0100pay 0.0100% / 8h3h 48m$139K$413K20x
ShortSunX BBX-USDT8.58000get 0.0000% / 8h3h 48m$1K$736K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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: −0.579% → −0.047%
−$53.28
Slippage, 4 orders
−$820.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$915.11
Costs to cover
8.408%
Break-even
never at this rate
Slippage from KuCoin: live order book, 24 min ago; SunX: live order book, 33 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 KuCoin live order book, 24 min ago5.79 bp302.7 bp −$303doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 33 min ago52.17 bp127.1 bp −$127doesn'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%8h8.5979−0.371%$4K$7K20xas long as short
SunX BBX-USDTshort0.0000%8h8.5800−0.579%$1K$736K10x
HTX BBX-USDT0.0000%8h8.5700−0.695%$7K$2K10xas long as short
KuCoin BBXUSDTMlong+0.0100%8h8.6300long leg$139K$413K20x
GRVT BBX_USDT_Perp+0.0180%8h8.6200−0.116%$809$143K10xas long as short
Variational Omni BBX+0.0562%8h8.5990−0.359%$146K$15Kas long as short
Binance BBXUSDT+0.0821%8h8.5880−0.487%$1.2M$2.1M20xas long as short
Nado BBX-PERP+0.1307%1h8.5824−0.552%$60K$13K3xas long as short
Bybit BBXUSDT+0.1371%8h8.6010−0.336%$441K$352K25xas long as short