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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.024%
Price spread now: Injective against tradeXYZ+9.876%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 9.876% dearer against tradeXYZ than usual: you sell high and buy low: +$988 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BX126.270.0050pay 0.0006% / 1h5m 15s$664K$222K10x
ShortInjective BX/USDC PERP138.740.0220get 0.0028% / 1h5m 15s$4K$32K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against tradeXYZ. 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
$35.7
Price spread: +9.876% → 0.000%
$987.57
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,005.25
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: tradeXYZ: live order book, 1 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 1 min ago2.77 bp29.2 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 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%8h126.32+0.037%$5K$2K20xas long as short
Binance BXUSDT0.0000%8h126.44+0.137%$776K$496K20xas long as short
Bybit BXUSDT0.0000%8h126.45+0.143%$483K$803K25xas long as short
OKX BX-USDT-SWAP0.0000%8h126.29+0.016%$163K$112K20xas long as short
QFEX BX-USD0.0000%1h126.93+0.523%$1.1M$1.5M10xas long as short
Gate BX_USDT0.0000%8h126.45+0.143%$422K$25K20xas long as short
Bitget BXUSDT0.0000%8h126.42+0.119%$900K$37K20xas long as short
Variational Omni BX0.0000%8h126.42+0.117%$43K$12Kas long as short
GRVT BX_USDT_Perp0.0000%8h126.43+0.127%$512$105K10xas long as short
SunX BX-USDT0.0000%8h126.44+0.135%$927$309K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BX-USDT0.0000%8h126.35+0.063%$7K$4K20xas long as short
tradeXYZ xyz:BXlong+0.0050%1h126.27long leg$664K$222K10x
KuCoin BXUSDTM+0.0100%8h126.270.000%$115K$837K20xas long as short
Injective BX/USDC PERPshort+0.0220%1h138.74+9.876%$4K$32K12x