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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%
Price spread now: OKX against QFEX−0.520%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$622as in the Price arb table
costs, in and out, $10k−$5795.792% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.513%+$51 · spread now −0.520%, 7d avg −0.092%
Together, before fees+0.545%+$54 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.428% cheaper against QFEX than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BX-USD126.950get 0.0000% / 1h39m 25s$1.1M$1.5M10x
ShortOKX BX-USDT-SWAP126.290get 0.0000% / 8h1h 39m$163K$112K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against QFEX. 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
$0
Price spread: −0.520% → −0.092%
−$42.82
Slippage, 4 orders
−$559.18
Fee QFEX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$622
Costs to cover
5.792%
Break-even
never at this rate
Slippage from QFEX: live order book, 2 min ago; OKX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 2 min ago152.43 bp220.8 bp −$221221.9 bp −$2,219230.4 bp −$23.0Kdoesn't fit
Sell OKX live order book, just now3.17 bp77.0 bp −$77doesn't fitdoesn't fitdoesn't fit

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%8h126.24−0.561%$5K$2K20xas long as short
Binance BXUSDT0.0000%8h126.34−0.484%$776K$489K20xas long as short
Bybit BXUSDT0.0000%8h126.34−0.481%$482K$803K25xas long as short
OKX BX-USDT-SWAPshort0.0000%8h126.29−0.520%$163K$112K20x
QFEX BX-USDlong0.0000%1h126.95long leg$1.1M$1.5M10x
Gate BX_USDT0.0000%8h126.44−0.402%$422K$25K20xas long as short
Bitget BXUSDT0.0000%8h126.41−0.425%$900K$37K20xas long as short
Variational Omni BX0.0000%8h126.34−0.482%$43K$12Kas long as short
GRVT BX_USDT_Perp0.0000%8h126.40−0.433%$929$104K10xas long as short
SunX BX-USDT0.0000%8h126.35−0.473%$452$302K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BX-USDT0.0000%8h126.44−0.402%$7K$4K20xas long as short
tradeXYZ xyz:BX+0.0050%1h126.24−0.559%$664K$223K10xas long as short
KuCoin BXUSDTM+0.0100%8h126.18−0.607%$116K$813K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+9.287%$4K$32K12xas long as short