BX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%

Price spread now: tradeXYZ against QFEX+2.028%49s7-day average −0.147% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$9609.595% of the position

Long on QFEX Short on tradeXYZ

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)−2.136%−$214 · spread now +2.028%, 7d avg −0.147%

Together, before fees−2.155%+ Points / potential airdroptradeXYZ: Active · farm board−$215 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 2.175% dearer against QFEX than usual: you sell high and buy low: +$217 more if the spread goes back to its 7-day average of −0.147%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX BX-USD	123.76	0	get 0.0000% / 1h	45m 47s	$1.1M	$1.2M	10x
Short	tradeXYZ xyz:BX	126.27	0.0057	get 0.0007% / 1h	45m 47s	$664K	$268K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee QFEXbpFee tradeXYZbpOrdersPrice spread, now +2.028%Rate

Funding earned: $11.92
Price spread: +2.028% → −0.147%: $217.48
Slippage, 4 orders: −$931.54
Fee QFEX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$730.14
Costs to cover: 9.595%
Break-even: 435.8 days

Slippage from QFEX: live order book, 4 min ago; tradeXYZ: live order book, 57 min ago.

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 QFEX live order book, 4 min ago	152.75 bp	453.3 bp −$453	461.5 bp −$4,615	468.0 bp −$46.8K	doesn't fit
Sell tradeXYZ live order book, 57 min ago	5.14 bp	36.3 bp −$36	doesn't fit	doesn't fit	doesn't fit

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
Aster BXUSDT	0.0000%	8h	126.34	+2.085%	$5K	$868	20x	as long as short
Binance BXUSDT	0.0000%	8h	126.45	+2.174%	$771K	$517K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.44	+2.165%	$475K	$822K	25x	as long as short
OKX BX-USDT-SWAP	0.0000%	8h	126.19	+1.963%	$163K	$115K	10x	as long as short
QFEX BX-USDlong	0.0000%	1h	123.76	long leg	$1.1M	$1.2M	10x
Gate BX_USDT	0.0000%	8h	126.55	+2.254%	$420K	$23K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.54	+2.246%	$899K	$24K	20x	as long as short
Variational Omni BX	0.0000%	8h	126.45	+2.172%	$43K	$12K	—	as long as short
SunX BX-USDT	0.0000%	8h	126.47	+2.190%	$888	$276K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.55	+2.254%	$7K	$3K	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:BXshort	+0.0057%	1h	126.27	+2.028%	$664K	$268K	10x
KuCoin BXUSDTM	+0.0100%	8h	126.36	+2.101%	$110K	$838K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	139.59	+12.791%	$4K	$31K	12x	as long as short
GRVT BX_USDT_Perp	+0.0408%	8h	126.51	+2.222%	$438	$108K	10x	as long as short