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 −0.030%
Price spread now: SunX against OKX−0.039%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2952.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.039%, 7d avg −0.005%
Together, before fees−0.030%−$3 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: SunX is 0.034% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BX-USDT-SWAP126.700get 0.0000% / 8h20m 53s$164K$114K20x
ShortSunX BX-USDT126.650get 0.0000% / 8h20m 53s$1K$300K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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: −0.039% → −0.005%
−$3.4
Slippage, 4 orders
−$276.72
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$298.12
Costs to cover
2.947%
Break-even
never at this rate
Slippage from OKX: live order book, 14 min ago; SunX: live order book, 30 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 OKX live order book, 14 min ago4.35 bp58.5 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 30 min ago50.24 bp81.8 bp −$82doesn'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
Aster BXUSDT0.0000%8h126.37−0.264%$5K$86820xas long as short
Binance BXUSDT0.0000%8h126.66−0.031%$772K$494K20xas long as short
Bybit BXUSDT0.0000%8h126.72+0.016%$482K$804K25xas long as short
OKX BX-USDT-SWAPlong0.0000%8h126.70long leg$164K$114K20x
QFEX BX-USD0.0000%1h126.91+0.166%$1.1M$1.4M10xas long as short
Gate BX_USDT0.0000%8h126.79+0.071%$423K$25K20xas long as short
Bitget BXUSDT0.0000%8h126.65−0.039%$900K$28K20xas long as short
Variational Omni BX0.0000%8h126.49−0.164%$43K$12Kas long as short
SunX BX-USDTshort0.0000%8h126.65−0.039%$1K$300K10x
HTX BX-USDT0.0000%8h126.86+0.126%$7K$4K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BX+0.0050%1h126.42−0.221%$665K$245K10xas long as short
GRVT BX_USDT_Perp+0.0095%8h126.73+0.020%$630$100K10xas long as short
KuCoin BXUSDTM+0.0100%8h126.38−0.253%$111K$769K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+9.503%$4K$32K12xas long as short