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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0069%/8h= −7.5% APRnext payment $0.09 per $10,000 · paid last 24h −0.001%
Price spread now: Aftermath Perps against ApeX Omni−0.060%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.060% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BZUSDT96.1300.0100pay 0.0013% / 1h43m 07s$25K$271K50x
ShortAftermath Perps BRENTUSD96.0720.0031get 0.0004% / 1h43m 07s$6K$45K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against ApeX Omni. 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
−$14.46
Price spread: −0.060% → 0.000%
−$6.01
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$39.47
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 34 min ago; Aftermath Perps: no order-book sample. 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 ApeX Omni live order book, 34 min ago8.85 bp19.2 bp −$19183.2 bp −$1,832doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.075−0.057%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.369−0.792%$8K$7K30xas long as short
tradeXYZ xyz:BRENTOIL−0.0158%1h96.121−0.009%$147.8M$143.8M20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.060−0.073%$232K$577K15xas long as short
Hotstuff BRENTOIL-PERP−0.0032%1h96.100−0.031%$33K20xas long as short
RISEx BZ/USDC−0.0020%1h96.054−0.079%$2.2M$1.3M20xas long as short
Binance BZUSDT−0.0011%4h96.080−0.052%$145.8M$469.2M100xas long as short
GRVT BZ_USDT_Perp−0.0006%4h96.000−0.135%$34K$375K25xas long as short
Aster BZUSDT0.0000%4h96.120−0.010%$334K$1.4M50xas long as short
Bybit BZUSDT0.0000%8h96.070−0.062%$10.4M$16.0M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BZ-USDT-SWAP0.0000%4h96.050−0.083%$15.9M$26.8M50xas long as short
Gate BZ_USDT0.0000%8h96.020−0.114%$9.2M$16.3M100xas long as short
Bitget BZUSDT0.0000%4h96.070−0.062%$27.4M$21.1M100xas long as short
Variational Omni BZ0.0000%4h95.963−0.174%$9.3M$7.9Mas long as short
SunX BRENTOIL-USDT0.0000%4h96.070−0.062%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.110−0.021%$103K$279K15xas long as short
HTX BRENTOIL-USDT0.0000%4h95.940−0.198%$305K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.080−0.052%$1.2M$96K100xas long as short
edgeX BZUSDC+0.0003%4h95.988−0.148%$220K$234K20xas long as short
Paradex BZ-USD-PERP+0.0009%8h96.055−0.078%$3K$5215xas long as short
Aftermath Perps BRENTUSDshort+0.0031%1h96.072−0.060%$6K$45K5x
Lighter BRENTOIL+0.0032%1h96.060−0.073%$3.3M$4.3M20xas long as short
BloFin BZ-USDT+0.0037%4h96.040−0.094%$1.5M$95K50xas long as short
Vest BZ-PERP+0.0046%1h99.850+3.870%$735K10xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.128−0.002%$1.5M$529K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.030−0.104%$3.0M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h96.070−0.062%$3.8M$989K50xas long as short
ApeX Omni BZUSDTlong+0.0100%1h96.130long leg$25K$271K50x
Kraken Futures PF_BRENTOILUSD+0.0113%1h96.101−0.030%$81K$235K20xas long as short
Extended XBR-USD+0.0128%1h96.008−0.127%$671K$5.2M10xas long as short