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−0.0257%/8h= −28.1% APRnext payment $2.57 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Variational Omni−0.180%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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.180% cheaper against Variational Omni than usual: you would sell low and buy high (−$18 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 BX126.580.1265pay 0.1265% / 8h6h 58m$31K$127
ShortKuCoin BXUSDTM126.350.1008get 0.1008% / 8h6h 58m$111K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$53.94
Price spread: −0.180% → 0.000%
−$18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$83.94
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago3.96 bp213.2 bp −$213doesn'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−0.0565%1h126.43−0.117%$665K$210K10xas long as short
Aster BXUSDT0.0000%8h126.09−0.387%$5K$2K20xas long as short
Bybit BXUSDT0.0000%8h126.48−0.077%$486K$866K25xas long as short
QFEX BX-USD0.0000%1h127.02+0.349%$1.1M$1.4M10xas long as short
Gate BX_USDT0.0000%8h126.47−0.085%$424K$27K20xas long as short
Bitget BXUSDT0.0000%8h126.51−0.054%$899K$38K20xas long as short
SunX BX-USDT0.0000%8h126.59+0.010%$1K$305K10xas long as short
HTX BX-USDT0.0000%8h126.69+0.089%$7K$3K20xas long as short
OKX BX-USDT-SWAP+0.0187%8h126.48−0.077%$164K$111K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.72+9.593%$4K$32K12xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTMshort+0.1008%8h126.35−0.180%$111K$1.1M20x
Variational Omni BXlong+0.1265%8h126.58long leg$31K$127
GRVT BX_USDT_Perp+0.1274%8h126.59+0.010%$733$121K10xas long as short
Binance BXUSDT+0.1638%8h126.48−0.081%$792K$484K20xas long as short