Funding arb · Price arb / RWA

BX

RWAAll BX markets →

LONGBybit▾Bybit −0.1131%BingX −0.1104%OKX −0.1077%KuCoin −0.0787%tradeXYZ −0.0739%GRVT −0.0122%Aster 0.0000%Binance 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%Variational Omni 0.0000%SunX 0.0000%HTX 0.0000%BloFin +0.0020%Injective +0.0220%

⇄⇅

SHORTTxFlow▾Injective +0.0220%TxFlow +0.0100%BloFin +0.0020%Aster 0.0000%Binance 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%Variational Omni 0.0000%SunX 0.0000%HTX 0.0000%GRVT −0.0122%tradeXYZ −0.0739%KuCoin −0.0787%OKX −0.1077%BingX −0.1104%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitBXUSDT	119.89	−0.1131	get 0.1131% / 8h	5h 31m	$1.7M	$1.4M	25x	Long Bybit
SHORT	TxFlowBX-USDC	120.12	+0.0100	get 0.0013% / 1h	31m 55s	$4K	$52K	20x	Short TxFlow5% off

Price gap+0.192%53s

Funding gap+0.1231% /8h

Both sides work: funding pays +$37 a day on $10k, and the gap is 0.192% above zero (no 7-day history yet): +$19 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.697% in total, about +0.0332%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.192%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

BybitTxFlow

BX on 18 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

• i
  Note: Order book unknown—

  No order-book sample for TxFlow: its slippage is not counted.
• i
  Note: Margin at max leverage$400 + $500

  Bybit 25x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long Bybit · 8h+$33.93

  Short TxFlow · 1h+$3.00

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$36.93Long Bybit: 3 payments, +$33.93; short TxFlow: 24 payments, +$3.00.
• !
  Watch: Prices read 53 s apart+0.192% vs —

  Part of this gap may be the market moving.
• !
  Watch: Short leg is thinner$4K vs $1.7M OI

  TxFlow sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legTxFlow points

  Volume here counts toward the points program.
• !
  Watch: KYCBybit Yes · TxFlow No

  Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0332%/8h × 21 periods+$69.65

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for TxFlow—

Fee Bybit bp × 2 orders−$11.00

Fee TxFlow bp × 2 orders−$9.00

Net, fees only · 7 days · $10k+$49.65

price spread not counted: prices read too far apart

Costs to cover0.200%Break-even2.0 days

Slippage: Bybit: live order book, 4 min ago; TxFlow: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBybit4.5941.5 bp−$41139.4 bp−$1,394doesn’t fitdoesn’t fit

SELL · SHORTTxFlow—————

Closing costs about the same again.
TxFlow: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

BX news

posts that mention BX or Blackstone, from every exchangeSearch all news →

10-30 17:01	Markets by Kinetiq	Other	JUST IN: Anthropic $ANT may not secure "investment grade" rating after IPO, due to massive outstanding liabilities, Blackstone tells investors - FT @Markets_xyz on X ↗
10-27 13:30	Vest Markets	Other	Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗
10-20 15:02	tradeXYZ	Other	Big week for earnings on TradeXYZ: Tue 10/20: SpaceX (SPCX), Netflix (NFLX) Wed 10/21: Tesla (TSLA), Meta (META), IBM, Lam Research (LRCX) Thu 10/22: Nokia (NOK), Western Digital (WDC), Bloom Energy (BE), Blackstone (BX) @tradexyz on X ↗
10-18 06:20	Kalshi	Other	JUST IN: Anthropic offers Blackstone more than 10% yield in exchange for a $60 billion chip debt package @Kalshi on X ↗
09-29 09:26	BloFin	Listing	new market BX-USDT ($BX) seen by our collector
09-29 04:16	BloFin	Listing	BloFin Futures will list the $BRKB-USDT, $BX-USDT, $KO-USDT, and $DKNG-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗