Funding arb · Price arb / RWA

BX

RWAAll BX markets →

LONGTxFlow▾BingX −0.1104%Bybit −0.1073%KuCoin −0.0784%tradeXYZ −0.0719%GRVT −0.0092%BloFin −0.0025%Aster 0.0000%Binance 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%Variational Omni 0.0000%SunX 0.0000%HTX 0.0000%TxFlow +0.0100%Injective +0.0220%

⇄⇅

SHORTOKX▾Injective +0.0220%Aster 0.0000%Binance 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%Bitget 0.0000%Variational Omni 0.0000%SunX 0.0000%HTX 0.0000%BloFin −0.0025%GRVT −0.0092%tradeXYZ −0.0719%KuCoin −0.0784%OKX −0.1071%Bybit −0.1073%BingX −0.1104%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowBX-USDC	120.07	+0.0100	pay 0.0013% / 1h	28m 36s	$4K	$50K	20x	Long TxFlow5% off
SHORT	OKXBX-USDT-SWAP	120.00	−0.1071	pay 0.1071% / 8h	5h 28m	$578K	$1.5M	10x	Short OKX

Price gap−0.058%

Funding gap−0.1171% /8h

Both sides work against this direction now: funding costs $35 a day on $10k and the gap is 0.058% under zero (no 7-day history yet). Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.445% in total, about −0.0212%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.058%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

TxFlowOKX

BX on 18 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

• i
  Note: Order book unknown—

  No order-book sample for TxFlow: its slippage is not counted.
• i
  Note: Margin at max leverage$500 + $1,000

  TxFlow 20x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 8h

  Payments land at different times. Close right after the slower leg pays.

  Long TxFlow · 1h−$3.00

  Short OKX · 8h−$32.14

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$35.14Long TxFlow: 24 payments, −$3.00; short OKX: 3 payments, −$32.14.
• i
  Note: No 7-day spread history−0.058%

  The gap cannot be compared with its average yet.
• !
  Watch: Long leg is thinner$4K vs $578K OI

  TxFlow sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legTxFlow points

  Volume here counts toward the points program.
• !
  Watch: KYCTxFlow No · OKX Yes

  Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0212%/8h × 21 periods−$44.51

Price spread−0.058% → 0−$5.83

Slippage, 4 ordersno data for TxFlow—

Fee TxFlow bp × 2 orders−$9.00

Fee OKX bp × 2 orders−$10.00

Net, fees only · 7 days · $10k−$69.34

Costs to cover0.190%Break-evennever at this rate

Slippage: TxFlow: no order-book sample; OKX: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGTxFlow—————

SELL · SHORTOKX2.5055.4 bp−$55doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
TxFlow: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

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BX news

posts that mention BX or Blackstone, from every exchangeSearch all news →

10-30 17:01	Markets by Kinetiq	Other	JUST IN: Anthropic $ANT may not secure "investment grade" rating after IPO, due to massive outstanding liabilities, Blackstone tells investors - FT @Markets_xyz on X ↗
10-27 13:30	Vest Markets	Other	Into the open, $AVGO is up around 3%, with a $63B deal announced yesterday to fund Broadcom chips leased to Anthropic. Bank of America, Citi and Morgan Stanley are arranging the first lien and Blackstone the second, via a new vehicle that buys the hardware. Broadcom provides residual value support equal to the first lien, with deliveries starting in 2027 and $AVGO adding to a 2.3% gain in the prior session. @VestExchange on X ↗
10-20 15:02	tradeXYZ	Other	Big week for earnings on TradeXYZ: Tue 10/20: SpaceX (SPCX), Netflix (NFLX) Wed 10/21: Tesla (TSLA), Meta (META), IBM, Lam Research (LRCX) Thu 10/22: Nokia (NOK), Western Digital (WDC), Bloom Energy (BE), Blackstone (BX) @tradexyz on X ↗
10-18 06:20	Kalshi	Other	JUST IN: Anthropic offers Blackstone more than 10% yield in exchange for a $60 billion chip debt package @Kalshi on X ↗
09-29 09:26	BloFin	Listing	new market BX-USDT ($BX) seen by our collector
09-29 04:16	BloFin	Listing	BloFin Futures will list the $BRKB-USDT, $BX-USDT, $KO-USDT, and $DKNG-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗