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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX+0.008%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$363as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$3483.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.147%−$15 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.008%, 7d avg −0.012%
Together, before fees−0.127%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BX-USDT126.440get 0.0000% / 8h1h 49m$431$302K10x
ShortBybit BXUSDT126.450get 0.0000% / 8h1h 49m$482K$803K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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: +0.008% → −0.012%
$1.95
Slippage, 4 orders
−$328.79
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$345.84
Costs to cover
3.478%
Break-even
never at this rate
Slippage from SunX: live order book, 12 min ago; Bybit: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 12 min ago51.40 bp69.4 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 56 min ago1.58 bp92.3 bp −$92222.1 bp −$2,221doesn'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%8h126.30−0.108%$5K$2K20xas long as short
Binance BXUSDT0.0000%8h126.37−0.055%$776K$489K20xas long as short
Bybit BXUSDTshort0.0000%8h126.45+0.008%$482K$803K25x
OKX BX-USDT-SWAP0.0000%8h126.29−0.119%$163K$112K20xas long as short
QFEX BX-USD0.0000%1h126.94+0.395%$1.1M$1.5M10xas long as short
Gate BX_USDT0.0000%8h126.45+0.008%$422K$25K20xas long as short
Bitget BXUSDT0.0000%8h126.50+0.047%$900K$37K20xas long as short
Variational Omni BX0.0000%8h126.43−0.009%$43K$12Kas long as short
GRVT BX_USDT_Perp0.0000%8h126.46+0.018%$463$105K10xas long as short
SunX BX-USDTlong0.0000%8h126.44long leg$431$302K10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BX-USDT0.0000%8h126.47+0.024%$7K$4K20xas long as short
tradeXYZ xyz:BX+0.0050%1h126.27−0.134%$664K$222K10xas long as short
KuCoin BXUSDTM+0.0100%8h126.16−0.221%$115K$821K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+9.728%$4K$32K12xas long as short