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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: Gate against Bitget−0.055%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1781.783% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.055%, 7d avg −0.087%
Together, before fees+0.005%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BXUSDT126.470get 0.0000% / 8h4h 30m$900K$36K20x
ShortGate BX_USDT126.400get 0.0000% / 8h4h 30m$424K$27K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
$0
Price spread: −0.055% → −0.087%
$3.16
Slippage, 4 orders
−$151.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$175.18
Costs to cover
1.783%
Break-even
never at this rate
Slippage from Bitget: live order book, 26 min ago; Gate: live order book, 25 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 Bitget live order book, 26 min ago13.06 bp26.0 bp −$26160.4 bp −$1,604doesn't fitdoesn't fit
Sell Gate live order book, 25 min ago11.88 bp77.1 bp −$77doesn't fitdoesn't fitdoesn't fit

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−0.0457%1h126.26−0.166%$664K$213K10xas long as short
Aster BXUSDT0.0000%8h126.17−0.241%$5K$2K20xas long as short
Bybit BXUSDT0.0000%8h126.23−0.190%$484K$836K25xas long as short
OKX BX-USDT-SWAP0.0000%8h126.24−0.182%$163K$113K20xas long as short
QFEX BX-USD0.0000%1h127.04+0.451%$1.1M$1.4M10xas long as short
Gate BX_USDTshort0.0000%8h126.40−0.055%$424K$27K20x
Bitget BXUSDTlong0.0000%8h126.47long leg$900K$36K20x
GRVT BX_USDT_Perp0.0000%8h126.28−0.147%$883$112K10xas long as short
SunX BX-USDT0.0000%8h126.26−0.166%$1K$313K10xas long as short
HTX BX-USDT0.0000%8h126.36−0.087%$7K$3K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTM+0.0100%8h126.06−0.324%$111K$949K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+9.702%$4K$32K12xas long as short
Variational Omni BX+0.0465%8h126.26−0.168%$43K$12Kas long as short
Binance BXUSDT+0.0671%8h126.31−0.129%$780K$489K20xas long as short