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

BSB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h −0.032%
Price spread now: Gate against OKX−0.236%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$535as in the Funding arb table
Net, price: spread back to 7d avg − costs−$570as in the Price arb table
costs, in and out, $10k−$5395.387% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.551%+$55 · spread now −0.236%, 7d avg +0.077%
Together, before fees+0.586%+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.313% cheaper against OKX than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of +0.077%). If the spread goes back, that is −$31 on $10k: about 5.3 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.036% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BSB-USDT-SWAP0.10590.0100pay 0.0050% / 4h1h 10m$1.2M$1.9M10x
ShortGate BSB_USDT0.10560.0298get 0.0149% / 4h1h 10m$634K$130K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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
$41.58
Price spread: −0.236% → +0.077%
−$31.27
Slippage, 4 orders
−$513.66
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$528.35
Costs to cover
5.387%
Break-even
95.9 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 51 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 OKX live order book, 1 min ago1.89 bp29.3 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 51 min ago10.81 bp196.7 bp −$197doesn't fitdoesn't fitdoesn't fit

BSB on 13 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
Bybit BSBUSDT+0.0100%4h0.1056−0.274%$2.9M$789K25xas long as short
OKX BSB-USDT-SWAPlong+0.0100%4h0.1059long leg$1.2M$1.9M10x
KuCoin BSBUSDTM+0.0100%4h0.1056−0.227%$502K$128K10xas long as short
Bitget BSBUSDT+0.0100%4h0.1059−0.019%$3.4M$840K10xas long as short
Variational Omni BSB+0.0100%4h0.1055−0.392%$2K$2Kas long as short
SunX BSB-USDT+0.0100%4h0.1057−0.161%$1K$923K10xas long as short
Binance BSBUSDT+0.0207%4h0.1060+0.076%$6.1M$3.4M10xas long as short
Extended BSB-USD+0.0208%1h0.1059+0.035%$4K$178K5xas long as short
MEXC BSB_USDT+0.0214%4h0.1060+0.076%$1.1M$170K50xas long as short
BingX BSB-USDT+0.0228%4h0.1056−0.274%$1.7Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BSB-USDT+0.0234%4h0.1057−0.208%$274K$42K10xas long as short
Aster BSBUSDT+0.0286%4h0.1058−0.132%$29K$17K5xas long as short
Gate BSB_USDTshort+0.0298%4h0.1056−0.236%$634K$130K20x