BX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.009%

Price spread now: QFEX against tradeXYZ+0.531%7-day average +0.175% · 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−$616as in the Price arb table

costs, in and out, $10k−$6516.514% of the position

Long on tradeXYZ Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.017%+$2 on $10k

Price spread, last 4 days (all we have)−0.464%−$46 · spread now +0.531%, 7d avg +0.175%

Together, before fees−0.447%+ Points / potential airdroptradeXYZ: Active · farm board−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.356% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.531% now, against its 7-day average of +0.175%): +$36 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:BX	126.27	0.0050	pay 0.0006% / 1h	52m 56s	$664K	$222K	10x
Short	QFEX BX-USD	126.94	0	get 0.0000% / 1h	52m 56s	$1.1M	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee tradeXYZbpFee QFEXbpOrdersPrice spread, now +0.531%Rate

Funding earned: −$10.5
Price spread: +0.531% → +0.175%: $35.58
Slippage, 4 orders: −$623.4
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$626.32
Costs to cover: 6.514%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 14 min ago; QFEX: live order book, 4 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 tradeXYZ live order book, 14 min ago	2.77 bp	29.2 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 4 min ago	227.26 bp	294.1 bp −$294	295.2 bp −$2,952	doesn't fit	doesn't fit

BX on 14 venues

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	126.29	+0.019%	$5K	$2K	20x	as long as short
Binance BXUSDT	0.0000%	8h	126.45	+0.145%	$776K	$494K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.48	+0.166%	$483K	$803K	25x	as long as short
OKX BX-USDT-SWAP	0.0000%	8h	126.29	+0.016%	$163K	$112K	20x	as long as short
QFEX BX-USDshort	0.0000%	1h	126.94	+0.531%	$1.1M	$1.5M	10x
Gate BX_USDT	0.0000%	8h	126.44	+0.135%	$422K	$25K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.50	+0.182%	$900K	$37K	20x	as long as short
Variational Omni BX	0.0000%	8h	126.43	+0.125%	$43K	$12K	—	as long as short
GRVT BX_USDT_Perp	0.0000%	8h	126.45	+0.139%	$463	$105K	10x	as long as short
SunX BX-USDT	0.0000%	8h	126.44	+0.135%	$431	$307K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BX-USDT	0.0000%	8h	126.47	+0.158%	$7K	$4K	20x	as long as short
tradeXYZ xyz:BXlong	+0.0050%	1h	126.27	long leg	$664K	$222K	10x
KuCoin BXUSDTM	+0.0100%	8h	126.17	−0.079%	$115K	$826K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.74	+9.876%	$4K	$32K	12x	as long as short