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−0.0848%/8h= −92.8% APRnext payment $8.48 per $10,000 · paid last 24h −0.004%
Price spread now: Aster against Binance−0.275%7-day average · 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 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 against this trade now: funding costs −$25 a day on $10k at the current rate, and Aster is 0.275% cheaper against Binance than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BXUSDT126.550.0848pay 0.0848% / 8h1h 43m$805K$454K20x
ShortAster BXUSDT126.200get 0.0000% / 8h1h 43m$5K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
−$178.07
Price spread: −0.275% → 0.000%
−$27.45
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$223.52
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 19 min ago; Aster: no order-book sample. 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 Binance live order book, 19 min ago1.58 bp23.6 bp −$24120.8 bp −$1,208doesn't fitdoesn't fit
Sell Aster no order-book sample
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%1h126.62+0.055%$1.1M$1.2M10xas long as short
Aster BXUSDTshort0.0000%8h126.20−0.275%$5K$2K20x
Bybit BXUSDT0.0000%8h126.53−0.016%$500K$855K25xas long as short
Gate BX_USDT0.0000%8h126.43−0.095%$425K$20K20xas long as short
Bitget BXUSDT0.0000%8h126.58+0.024%$903K$46K20xas long as short
SunX BX-USDT0.0000%8h126.54−0.008%$1K$301K10xas long as short
HTX BX-USDT0.0000%8h126.76+0.166%$7K$3K20xas long as short
OKX BX-USDT-SWAP+0.0027%8h126.37−0.142%$159K$101K20xas long as short
Injective BX/USDC PERP+0.0220%1h126.23−0.253%$1K$27K12xas long as short
Variational Omni BX+0.0562%8h126.49−0.048%$31K$127as long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTM+0.0576%8h126.47−0.063%$112K$1.2M20xas long as short
tradeXYZ xyz:BX+0.0608%1h126.38−0.134%$663K$177K10xas long as short
Binance BXUSDTlong+0.0848%8h126.55long leg$805K$454K20x
GRVT BX_USDT_Perp+0.1727%8h126.52−0.027%$1K$126K10xas long as short