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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%
Price spread now: QFEX against OKX+0.523%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2552.554% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.032%−$3 on $10k
Price spread, last 4 days (all we have)−0.516%−$52 · spread now +0.523%, 7d avg +0.092%
Together, before fees−0.548%−$55 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: QFEX is 0.431% dearer against OKX than usual: you sell high and buy low, +$43 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BX-USDT-SWAP126.290get 0.0000% / 8h1h 41m$163K$112K20x
ShortQFEX BX-USD126.950get 0.0000% / 1h41m 59s$1.1M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0
Price spread: +0.523% → +0.092%
$43.09
Slippage, 4 orders
−$235.37
Fee OKX: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$212.27
Costs to cover
2.554%
Break-even
never at this rate
Slippage from OKX: live order book, 63 min ago; QFEX: live order book, 5 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, 63 min ago8.70 bp32.5 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago2.36 bp70.7 bp −$7171.8 bp −$71879.6 bp −$7,956doesn'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%8h126.28−0.010%$5K$2K20xas long as short
Binance BXUSDT0.0000%8h126.37+0.063%$776K$489K20xas long as short
Bybit BXUSDT0.0000%8h126.41+0.095%$482K$803K25xas long as short
OKX BX-USDT-SWAPlong0.0000%8h126.29long leg$163K$112K20x
QFEX BX-USDshort0.0000%1h126.95+0.523%$1.1M$1.5M10x
Gate BX_USDT0.0000%8h126.43+0.111%$422K$25K20xas long as short
Bitget BXUSDT0.0000%8h126.42+0.103%$900K$37K20xas long as short
Variational Omni BX0.0000%8h126.36+0.058%$43K$12Kas long as short
GRVT BX_USDT_Perp0.0000%8h126.46+0.135%$940$105K10xas long as short
SunX BX-USDT0.0000%8h126.37+0.063%$452$303K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BX-USDT0.0000%8h126.47+0.143%$7K$4K20xas long as short
tradeXYZ xyz:BX+0.0050%1h126.24−0.040%$664K$222K10xas long as short
KuCoin BXUSDTM+0.0100%8h126.22−0.055%$115K$813K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+9.858%$4K$32K12xas long as short