Funding arb · Price arb /

BX

RWAall BX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.124%

Price spread now: Variational Omni against Bitget+0.059%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.059% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BXUSDT	126.40	0	get 0.0000% / 8h	4h 32m	$898K	$24K	20x
Short	Variational Omni BX	126.47	0	get 0.0000% / 8h	4h 32m	$43K	$13K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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 BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → 0.000%: $5.85
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$6.15
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 6 min ago; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 6 min ago	19.74 bp	66.9 bp −$67	214.6 bp −$2,146	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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 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
tradeXYZ xyz:BX	−0.0363%	1h	126.40	0.000%	$644K	$290K	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.30	−0.077%	$5K	$868	20x	as long as short
Binance BXUSDT	0.0000%	8h	126.59	+0.148%	$767K	$532K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.47	+0.055%	$472K	$812K	25x	as long as short
OKX BX-USDT-SWAP	0.0000%	8h	126.64	+0.190%	$156K	$125K	10x	as long as short
QFEX BX-USD	0.0000%	1h	126.03	−0.293%	$1.1M	$912K	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.55	+0.119%	$421K	$22K	20x	as long as short
Bitget BXUSDTlong	0.0000%	8h	126.40	long leg	$898K	$24K	20x
Variational Omni BXshort	0.0000%	8h	126.47	+0.059%	$43K	$13K	—
SunX BX-USDT	0.0000%	8h	126.51	+0.087%	$601	$280K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BX-USDT	0.0000%	8h	126.56	+0.127%	$7K	$3K	20x	as long as short
Injective BX/USDC PERP	+0.0033%	1h	139.59	+10.435%	$4K	$31K	12x	as long as short
KuCoin BXUSDTM	+0.0100%	8h	126.44	+0.032%	$111K	$860K	20x	as long as short
GRVT BX_USDT_Perp	+0.0234%	8h	126.54	+0.111%	$1K	$113K	10x	as long as short