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 −0.023%
Price spread now: Binance against Aftermath Perps−0.018%7-day average · you buy dearer than you sell
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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD97.8560.0082pay 0.0010% / 1h34m 58s$7K$41K5x
ShortBinance BZUSDT97.8380get 0.0000% / 4h1h 34m$147.8M$350.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$17.28
Price spread: −0.018% → 0.000%
−$1.83
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$38.11
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Binance: live order book, 9 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 Binance live order book, 9 min ago0.51 bp5.5 bp −$66.4 bp −$6413.5 bp −$1,34735.2 bp −$17.6K
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%1h97.018−0.857%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.810−0.047%$236K$419K15xas long as short
Aster BZUSDT0.0000%4h97.845−0.011%$340K$930K50xas long as short
Binance BZUSDTshort0.0000%4h97.838−0.018%$147.8M$350.4M100x
Bybit BZUSDT0.0000%8h97.810−0.047%$10.2M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.830−0.027%$16.1M$19.8M50xas long as short
RISEx BZ/USDC0.0000%1h97.794−0.064%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.780−0.078%$9.3M$11.0M100xas long as short
Bitget BZUSDT0.0000%4h97.830−0.027%$28.0M$17.3M100xas long as short
Variational Omni BZ0.0000%4h97.798−0.060%$9.4M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.864+0.008%$24K$305K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.820−0.037%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.830−0.027%$100K$251K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.780−0.078%$281K$253K75xas long as short
Phemex XBRUSDT0.0000%4h98.080+0.229%$1.2M$87K100xas long as short
Vest BZ-PERP+0.0010%1h101.97+4.204%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.377+0.532%as long as short
edgeX BZUSDC+0.0015%4h97.857+0.001%$225K$228K20xas long as short
BloFin BZ-USDT+0.0023%4h97.800−0.058%$1.5M$97K50xas long as short
Lighter BRENTOIL+0.0032%1h97.820−0.037%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.850−0.007%$682K$3.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.802−0.055%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.830−0.027%$155.2M$115.9M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.853−0.003%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.760−0.098%$3.1M$995K15xas long as short
Aftermath Perps BRENTUSDlong+0.0082%1h97.856long leg$7K$41K5x
KuCoin BZUSDTM+0.0100%4h97.850−0.006%$3.9M$811K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.860+0.004%$26K$273K50xas long as short
Hotstuff BRENTOIL-PERP+0.0144%1h97.820−0.037%$34K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0157%1h97.829−0.027%$82K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.825−0.032%$116K111xas long as short