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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0795%/8h= −87.1% APRnext payment $7.95 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Variational Omni−0.199%7-day average · you buy dearer than you sell
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 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Aster is 0.199% cheaper against Variational Omni than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BX126.480.0795pay 0.0795% / 8h1h 15m$31K$127
ShortAster BXUSDT126.230get 0.0000% / 8h1h 15m$5K$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$166.97
Price spread: −0.199% → 0.000%
−$19.86
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$194.83
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Aster no order-book sample
Variational Omni and Aster: 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
QFEX BX-USD−0.0080%1h126.45−0.023%$1.1M$1.3M10xas long as short
Aster BXUSDTshort0.0000%8h126.23−0.199%$5K$2K20x
Bybit BXUSDT0.0000%8h126.57+0.072%$498K$856K25xas long as short
Gate BX_USDT0.0000%8h126.62+0.111%$425K$20K20xas long as short
Bitget BXUSDT0.0000%8h126.49+0.009%$902K$46K20xas long as short
SunX BX-USDT0.0000%8h126.48+0.001%$601$302K10xas long as short
HTX BX-USDT0.0000%8h126.57+0.072%$7K$3K20xas long as short
OKX BX-USDT-SWAP+0.0140%8h126.39−0.071%$163K$106K20xas long as short
Injective BX/USDC PERP+0.0220%1h126.28−0.157%$963$27K12xas long as short
tradeXYZ xyz:BX+0.0484%1h126.35−0.102%$662K$180K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTM+0.0795%8h126.41−0.055%$112K$1.1M20xas long as short
Variational Omni BXlong+0.0795%8h126.48long leg$31K$127
Binance BXUSDT+0.1127%8h126.48+0.001%$804K$455K20xas long as short
GRVT BX_USDT_Perp+0.1973%8h126.53+0.041%$426$124K10xas long as short