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

BX

RWAall BX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: SunX against QFEX−0.425%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$485as in the Price arb table
costs, in and out, $10k−$4524.516% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.493%+$49 · spread now −0.425%, 7d avg −0.093%
Together, before fees+0.494%+$49 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: SunX is 0.332% cheaper against QFEX than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BX-USD126.920get 0.0000% / 1h7m 22s$1.1M$1.5M10x
ShortSunX BX-USDT126.380get 0.0000% / 8h3h 07m$861$314K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against QFEX. 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: −0.425% → −0.093%
−$33.24
Slippage, 4 orders
−$433.57
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$484.82
Costs to cover
4.516%
Break-even
never at this rate
Slippage from QFEX: live order book, 4 min ago; SunX: live order book, 3 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 QFEX live order book, 4 min ago109.84 bp179.2 bp −$179180.7 bp −$1,807doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago48.67 bp69.5 bp −$69doesn'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
tradeXYZ xyz:BX−0.0325%1h126.28−0.504%$664K$223K10xas long as short
Aster BXUSDT0.0000%8h126.25−0.529%$5K$2K20xas long as short
Bybit BXUSDT0.0000%8h126.38−0.425%$483K$803K25xas long as short
OKX BX-USDT-SWAP0.0000%8h126.49−0.339%$164K$112K20xas long as short
QFEX BX-USDlong0.0000%1h126.92long leg$1.1M$1.5M10x
Gate BX_USDT0.0000%8h126.47−0.355%$423K$28K20xas long as short
Bitget BXUSDT0.0000%8h126.42−0.394%$900K$37K20xas long as short
GRVT BX_USDT_Perp0.0000%8h126.40−0.410%$767$106K10xas long as short
SunX BX-USDTshort0.0000%8h126.38−0.425%$861$314K10x
HTX BX-USDT0.0000%8h126.48−0.347%$7K$3K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BX+0.0037%8h126.34−0.456%$43K$12Kas long as short
KuCoin BXUSDTM+0.0100%8h126.18−0.583%$112K$884K20xas long as short
Binance BXUSDT+0.0138%8h126.38−0.425%$776K$495K20xas long as short
Injective BX/USDC PERP+0.0220%1h138.74+9.313%$4K$32K12xas long as short