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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.020%
Price spread now: HTX against Aftermath Perps+0.005%50s7-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 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: −$6 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD96.9350.0212pay 0.0026% / 1h56m 26s$8K$44K5x
ShortHTX BRENTOIL-USDT96.9400get 0.0000% / 4h1h 56m$278K$269K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$44.45
Price spread: +0.005% → 0.000%
$0.55
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$64.9
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago3.10 bp9.1 bp −$911.2 bp −$112doesn't fitdoesn'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 30 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%1h96.207−0.751%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.810−0.129%$234K$425K15xas long as short
Aster BZUSDT0.0000%4h96.950+0.016%$337K$998K50xas long as short
Binance BZUSDT0.0000%4h96.961+0.027%$146.6M$376.5M100xas long as short
Bybit BZUSDT0.0000%8h96.950+0.016%$10.3M$13.5M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.960+0.026%$15.9M$20.8M50xas long as short
RISEx BZ/USDC0.0000%1h96.972+0.038%$2.3M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.940+0.005%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h96.950+0.016%$27.4M$16.2M100xas long as short
Variational Omni BZ0.0000%4h96.848−0.089%$9.3M$7.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.008+0.076%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.960+0.026%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.950+0.016%$103K$237K15xas long as short
HTX BRENTOIL-USDTshort0.0000%4h96.940+0.005%$278K$269K75x
Phemex XBRUSDT0.0000%4h96.990+0.057%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.501+0.585%as long as short
edgeX BZUSDC+0.0020%4h96.842−0.095%$222K$228K20xas long as short
Lighter BRENTOIL+0.0032%1h96.970+0.036%$3.3M$4.5M20xas long as short
Extended XBR-USD+0.0032%1h96.965+0.031%$677K$4.9M10xas long as short
Vest BZ-PERP+0.0046%1h101.01+4.204%$735K10xas long as short
Paradex BZ-USD-PERP+0.0049%8h96.962+0.029%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.975+0.042%$151.9M$127.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.015+0.083%$1.5M$470K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.900−0.036%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.020+0.088%$3.8M$878K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.980+0.047%$25K$273K50xas long as short
Hotstuff BRENTOIL-PERP+0.0104%1h96.990+0.057%$33K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0211% / S +0.0068%1h96.9350.000%$126K111xas long as short
Aftermath Perps BRENTUSDlong+0.0212%1h96.935long leg$8K$44K5x
Kraken Futures PF_BRENTOILUSD+0.0298%1h96.966+0.033%$84K$218K20xas long as short