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 +0.030%
Price spread now: OKX against Bitget−0.119%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2752.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.119%, 7d avg −0.097%
Together, before fees−0.001%$0 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 0.021% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BXUSDT126.470get 0.0000% / 8h51m 01s$899K$31K20x
ShortOKX BX-USDT-SWAP126.320get 0.0000% / 8h51m 01s$163K$111K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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: −0.119% → −0.097%
−$2.12
Slippage, 4 orders
−$252.8
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$276.92
Costs to cover
2.748%
Break-even
never at this rate
Slippage from Bitget: live order book, 50 min ago; OKX: live order book, 49 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 Bitget live order book, 50 min ago14.24 bp93.7 bp −$94167.7 bp −$1,677doesn't fitdoesn't fit
Sell OKX live order book, 49 min ago3.17 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%8h126.21−0.208%$5K$86820xas long as short
Binance BXUSDT0.0000%8h126.36−0.087%$773K$480K20xas long as short
Bybit BXUSDT0.0000%8h126.35−0.095%$482K$803K25xas long as short
OKX BX-USDT-SWAPshort0.0000%8h126.32−0.119%$163K$111K20x
QFEX BX-USD0.0000%1h126.92+0.356%$1.1M$1.4M10xas long as short
Gate BX_USDT0.0000%8h126.46−0.008%$422K$25K20xas long as short
Bitget BXUSDTlong0.0000%8h126.47long leg$899K$31K20x
Variational Omni BX0.0000%8h126.36−0.085%$43K$12Kas long as short
SunX BX-USDT0.0000%8h126.37−0.079%$958$285K10xas long as short
HTX BX-USDT0.0000%8h126.42−0.040%$7K$4K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BX_USDT_Perp+0.0032%8h126.44−0.023%$1K$101K10xas long as short
tradeXYZ xyz:BX+0.0050%1h126.33−0.111%$665K$223K10xas long as short
KuCoin BXUSDTM+0.0100%8h126.15−0.253%$110K$786K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+9.702%$4K$32K12xas long as short