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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0761%/8h= −83.4% APRnext payment $7.61 per $10,000 · paid last 24h +0.107%
Price spread now: GRVT against Variational Omni+0.066%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.066% dearer against Variational Omni than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BX126.260.1115pay 0.1115% / 8h6h 27m$31K$127
ShortGRVT BX_USDT_Perp126.340.0354get 0.0354% / 8h6h 27m$390$119K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Variational Omni. 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
−$159.89
Price spread: +0.066% → 0.000%
$6.6
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$162.29
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; GRVT: live order book, 35 min ago. 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 Variational Omni no order-book sample
Sell GRVT live order book, 35 min ago3.95 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Variational Omni: 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
tradeXYZ xyz:BX−0.0806%1h126.30+0.035%$664K$210K10xas long as short
Aster BXUSDT0.0000%8h126.25−0.001%$5K$2K20xas long as short
Bybit BXUSDT0.0000%8h126.31+0.043%$485K$866K25xas long as short
QFEX BX-USD0.0000%1h127.01+0.598%$1.1M$1.4M10xas long as short
Gate BX_USDT0.0000%8h126.37+0.091%$424K$27K20xas long as short
Bitget BXUSDT0.0000%8h126.42+0.130%$898K$36K20xas long as short
SunX BX-USDT0.0000%8h126.31+0.043%$517$307K10xas long as short
HTX BX-USDT0.0000%8h126.29+0.027%$7K$3K20xas long as short
OKX BX-USDT-SWAP+0.0118%8h126.51+0.202%$164K$114K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.82+9.952%$4K$32K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BX_USDT_Perpshort+0.0354%8h126.34+0.066%$390$119K10x
KuCoin BXUSDTM+0.0842%8h126.27+0.012%$115K$1.0M20xas long as short
Variational Omni BXlong+0.1115%8h126.26long leg$31K$127
Binance BXUSDT+0.1441%8h126.39+0.110%$790K$476K20xas long as short