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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.025%
Price spread now: Aster against Aftermath Perps+0.070%53s7-day average · you sell dearer than you buy
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 airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.070% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD97.8140.0082pay 0.0010% / 1h37m 26s$7K$41K5x
ShortAster BZUSDT97.8820get 0.0000% / 4h1h 37m$340K$930K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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
−$17.24
Price spread: +0.070% → 0.000%
$6.98
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$27.26
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Aster: live order book, 11 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 Aftermath Perps no order-book sample
Sell Aster live order book, 11 min ago2.05 bp6.0 bp −$611.5 bp −$11595.9 bp −$9,589doesn't fit
Aftermath Perps: 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.

BZ on 31 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
Injective BRENT/USDC PERP−0.0220%1h96.817−1.019%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.530−0.290%$235K$416K15xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0056%1h97.840+0.027%$100K$251K15xas long as short
BloFin BZ-USDT−0.0018%4h97.820+0.006%$1.5M$97K50xas long as short
Hotstuff BRENTOIL-PERP−0.0008%1h97.900+0.088%$34K20xas long as short
Aster BZUSDTshort0.0000%4h97.882+0.070%$340K$930K50x
Binance BZUSDT0.0000%4h97.880+0.068%$147.9M$350.8M100xas long as short
Bybit BZUSDT0.0000%8h97.850+0.037%$10.1M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.870+0.058%$16.1M$19.8M50xas long as short
RISEx BZ/USDC0.0000%1h97.847+0.034%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.820+0.006%$9.3M$10.9M100xas long as short
Bitget BZUSDT0.0000%4h97.880+0.068%$28.0M$17.3M100xas long as short
Variational Omni BZ0.0000%4h97.768−0.047%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.774−0.040%$24K$305K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.870+0.058%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.830+0.017%$281K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.990+0.180%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0008%4h97.853+0.040%$225K$228K20xas long as short
Vest BZ-PERP+0.0011%1h102.00+4.280%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.424+0.623%as long as short
Lighter BRENTOIL+0.0032%1h97.880+0.068%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.872+0.060%$682K$3.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.878+0.066%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.884+0.072%$155.3M$115.9M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.914+0.103%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.830+0.017%$3.1M$995K15xas long as short
Aftermath Perps BRENTUSDlong+0.0082%1h97.814long leg$7K$41K5x
KuCoin BZUSDTM+0.0100%4h97.880+0.068%$3.9M$823K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.810−0.004%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0157%1h97.873+0.060%$82K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.845+0.032%$116K111xas long as short