Funding arb · Price arb /

BX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.124%

Price spread now: Variational Omni against HTX−0.079%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.079% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BX-USDT	126.21	0	get 0.0000% / 8h	5h 57m	$7K	$3K	20x
Short	Variational Omni BX	126.11	0	get 0.0000% / 8h	5h 57m	$43K	$12K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee Variational OmnibpOrdersPrice spread, now −0.079%Rate

Funding earned: $0
Price spread: −0.079% → 0.000%: −$7.89
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.89
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

HTX and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:BX	−0.0275%	1h	126.13	−0.063%	$664K	$267K	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.20	−0.008%	$5K	$868	20x	as long as short
Binance BXUSDT	0.0000%	8h	126.31	+0.079%	$773K	$517K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.24	+0.024%	$475K	$822K	25x	as long as short
OKX BX-USDT-SWAP	0.0000%	8h	126.23	+0.016%	$163K	$114K	20x	as long as short
QFEX BX-USD	0.0000%	1h	125.65	−0.444%	$1.1M	$1.2M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.35	+0.111%	$421K	$22K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.03	−0.143%	$896K	$24K	20x	as long as short
Variational Omni BXshort	0.0000%	8h	126.11	−0.079%	$43K	$12K	—
SunX BX-USDT	0.0000%	8h	126.34	+0.103%	$1K	$277K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BX-USDTlong	0.0000%	8h	126.21	long leg	$7K	$3K	20x
KuCoin BXUSDTM	+0.0100%	8h	126.12	−0.071%	$116K	$835K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	139.59	+10.601%	$4K	$31K	12x	as long as short
GRVT BX_USDT_Perp	+0.0312%	8h	126.12	−0.074%	$668	$107K	10x	as long as short