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

BBX

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0233%/8h= +25.5% APRnext payment +$2.33 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against Variational Omni−0.032%7-day average +0.027% · you buy dearer than you sell
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 3 days (all we have)+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.032%, 7d avg +0.027%
Together, before fees+0.049%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.060% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.027%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.041% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.041% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BBX8.56850.0251pay 0.0251% / 8h5h 42m$145K$14K
ShortBinance BBXUSDT8.56570.0484get 0.0484% / 8h5h 42m$1.2M$2.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$48.86
Price spread: −0.032% → +0.027%
−$5.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$32.89
Costs to cover
0.100%
Break-even
2.3 days
Slippage unknown: Variational Omni: RFQ quote, 21 min ago; Binance: live order book, 6 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 Variational Omni RFQ quote, 21 min ago3.54 bpdoesn't fit229.4 bp −$2,294doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.75 bp24.7 bp −$2587.4 bp −$874doesn'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%8h8.5677−0.009%$4K$7K20xas long as short
GRVT BBX_USDT_Perp0.0000%8h8.5698+0.015%$717$152K10xas long as short
SunX BBX-USDT0.0000%8h8.5600−0.099%$1K$758K10xas long as short
HTX BBX-USDT0.0000%8h8.5500−0.216%$7K$2K10xas long as short
KuCoin BBXUSDTM+0.0100%8h8.5900+0.251%$136K$421K20xas long as short
Variational Omni BBXlong+0.0251%8h8.5685long leg$145K$14K
Binance BBXUSDTshort+0.0484%8h8.5657−0.032%$1.2M$2.1M20x
Nado BBX-PERP+0.0684%1h8.5623−0.073%$59K$13K3xas long as short
Bybit BBXUSDT+0.0870%8h8.5700+0.017%$439K$1.3M25xas long as short