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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0700%/8h= +76.6% APRnext payment +$7.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Aster+0.120%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.120% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BXUSDT126.230get 0.0000% / 8h1h 26m$5K$2K20x
ShortKuCoin BXUSDTM126.380.0700get 0.0700% / 8h1h 26m$112K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
$147
Price spread: +0.120% → 0.000%
$11.96
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$138.96
Costs to cover
0.200%
Break-even
0.4 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 3 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 Aster no order-book sample
Sell KuCoin live order book, 3 min ago9.89 bp231.4 bp −$231doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BX on 14 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
QFEX BX-USD−0.0080%1h130.44+3.336%$1.1M$1.3M10xas long as short
Aster BXUSDTlong0.0000%8h126.23long leg$5K$2K20x
Bybit BXUSDT0.0000%8h126.45+0.175%$498K$856K25xas long as short
Gate BX_USDT0.0000%8h126.66+0.341%$425K$20K20xas long as short
Bitget BXUSDT0.0000%8h126.52+0.231%$903K$46K20xas long as short
SunX BX-USDT0.0000%8h126.48+0.199%$465$302K10xas long as short
HTX BX-USDT0.0000%8h126.62+0.310%$7K$3K20xas long as short
OKX BX-USDT-SWAP+0.0083%8h126.37+0.112%$159K$101K20xas long as short
Injective BX/USDC PERP+0.0220%1h126.28+0.040%$963$27K12xas long as short
tradeXYZ xyz:BX+0.0536%1h126.45+0.175%$664K$177K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTMshort+0.0700%8h126.38+0.120%$112K$1.1M20x
Variational Omni BX+0.0708%8h126.51+0.222%$31K$127as long as short
Binance BXUSDT+0.1029%8h126.48+0.199%$804K$454K20xas long as short
GRVT BX_USDT_Perp+0.1881%8h126.55+0.254%$432$127K10xas long as short