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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Gate against QFEX−0.410%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$769as in the Price arb table
costs, in and out, $10k−$7357.346% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.402%+$40 · spread now −0.410%, 7d avg −0.069%
Together, before fees+0.421%+$42 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 0.341% cheaper against QFEX than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BX-USD126.950get 0.0000% / 1h55m 57s$1.1M$1.5M10x
ShortGate BX_USDT126.430get 0.0000% / 8h2h 55m$422K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against QFEX. 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: −0.410% → −0.069%
−$34.07
Slippage, 4 orders
−$709.63
Fee QFEX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$768.7
Costs to cover
7.346%
Break-even
never at this rate
Slippage from QFEX: live order book, 6 min ago; Gate: live order book, 55 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 QFEX live order book, 6 min ago252.45 bp322.3 bp −$322323.5 bp −$3,235330.9 bp −$33.1Kdoesn't fit
Sell Gate live order book, 55 min ago11.88 bp71.4 bp −$71doesn'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%8h126.26−0.545%$5K$2K20xas long as short
Bybit BXUSDT0.0000%8h126.35−0.473%$482K$803K25xas long as short
OKX BX-USDT-SWAP0.0000%8h126.25−0.551%$163K$112K20xas long as short
QFEX BX-USDlong0.0000%1h126.95long leg$1.1M$1.5M10x
Gate BX_USDTshort0.0000%8h126.43−0.410%$422K$25K20x
Bitget BXUSDT0.0000%8h126.42−0.417%$900K$37K20xas long as short
Variational Omni BX0.0000%8h126.38−0.451%$43K$12Kas long as short
GRVT BX_USDT_Perp0.0000%8h126.34−0.481%$547$107K10xas long as short
SunX BX-USDT0.0000%8h126.39−0.441%$1K$314K10xas long as short
HTX BX-USDT0.0000%8h126.46−0.386%$7K$3K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BX+0.0025%1h126.28−0.528%$664K$223K10xas long as short
Binance BXUSDT+0.0078%8h126.40−0.431%$776K$497K20xas long as short
KuCoin BXUSDTM+0.0100%8h126.20−0.591%$115K$876K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.75+9.295%$4K$32K12xas long as short