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−0.0124%/8h= −13.6% APRnext payment $0.15 per $10,000 · paid last 24h −0.024%
Price spread now: RISEx against Aftermath Perps+0.085%48s7-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 pays, funding is against you. RISEx is 0.085% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD97.0090.0124pay 0.0015% / 1h6m 37s$7K$43K5x
ShortRISEx BZ/USDC97.0910get 0.0000% / 1h6m 37s$2.3M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$26.03
Price spread: +0.085% → 0.000%
$8.48
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$32.55
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; RISEx: live order book, 2 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 RISEx live order book, 2 min ago1.50 bp4.5 bp −$45.5 bp −$55doesn'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 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%1h96.141−0.895%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.990−0.019%$234K$433K15xas long as short
BloFin BZ-USDT−0.0038%4h97.050+0.043%$1.5M$91K50xas long as short
Aster BZUSDT0.0000%4h97.058+0.050%$337K$969K50xas long as short
Binance BZUSDT0.0000%4h97.100+0.094%$146.9M$372.5M100xas long as short
Bybit BZUSDT0.0000%8h97.070+0.063%$10.3M$13.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.090+0.084%$16.0M$20.4M50xas long as short
RISEx BZ/USDCshort0.0000%1h97.091+0.085%$2.3M$1.3M20x
Hotstuff BRENTOIL-PERP0.0000%1h97.100+0.094%$33K20xas long as short
Gate BZ_USDT0.0000%8h97.040+0.032%$9.2M$12.4M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.090+0.084%$27.5M$16.3M100xas long as short
Variational Omni BZ0.0000%4h96.976−0.034%$9.4M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.972−0.038%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.090+0.084%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.050+0.043%$104K$247K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.980−0.030%$278K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.100+0.094%$1.2M$86K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.601+0.611%as long as short
edgeX BZUSDC+0.0017%4h96.970−0.040%$222K$227K20xas long as short
Lighter BRENTOIL+0.0032%1h97.100+0.094%$3.3M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.103+0.098%$675K$4.7M10xas long as short
Vest BZ-PERP+0.0040%1h101.12+4.238%$735K10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.096+0.090%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.106+0.100%$152.1M$125.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.121+0.116%$1.5M$444K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.030+0.022%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.110+0.104%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.020+0.012%$25K$274K50xas long as short
Aftermath Perps BRENTUSDlong+0.0124%1h97.009long leg$7K$43K5x
GMX BRENTOIL/USD [ETH-USDC]L +0.0186% / S +0.0025%1h97.055+0.048%$126K111xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h97.069+0.062%$84K$218K20xas long as short