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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0376%/8h= −41.2% APRnext payment $3.76 per $10,000 · paid last 24h −0.041%
Price spread now: Variational Omni against Binance−0.023%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.023% cheaper against Binance than usual: you would sell low and buy high (−$2 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 BXUSDT126.390.1593pay 0.1593% / 8h6h 50m$791K$475K20x
ShortVariational Omni BX126.360.1218get 0.1218% / 8h6h 50m$31K$127

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$78.94
Price spread: −0.023% → 0.000%
−$2.34
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$91.28
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 42 min ago; Variational Omni: 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, 42 min ago0.79 bp31.9 bp −$32139.1 bp −$1,391doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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
tradeXYZ xyz:BX−0.0827%1h126.33−0.047%$665K$210K10xas long as short
Aster BXUSDT0.0000%8h126.30−0.068%$5K$2K20xas long as short
Bybit BXUSDT0.0000%8h126.37−0.016%$486K$865K25xas long as short
QFEX BX-USD0.0000%1h127.03+0.506%$1.1M$1.4M10xas long as short
Gate BX_USDT0.0000%8h126.42+0.024%$424K$27K20xas long as short
Bitget BXUSDT0.0000%8h126.49+0.079%$898K$38K20xas long as short
SunX BX-USDT0.0000%8h126.37−0.016%$330$306K10xas long as short
HTX BX-USDT0.0000%8h126.44+0.040%$7K$3K20xas long as short
OKX BX-USDT-SWAP+0.0171%8h126.49+0.079%$164K$113K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.82+9.835%$4K$32K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTM+0.0971%8h126.34−0.040%$113K$1.1M20xas long as short
GRVT BX_USDT_Perp+0.1049%8h126.390.000%$661$121K10xas long as short
Variational Omni BXshort+0.1218%8h126.36−0.023%$31K$127
Binance BXUSDTlong+0.1593%8h126.39long leg$791K$475K20x