Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0358%/8h= +39.2% APRpaid last 24h +0.023%

Price spread now: Aftermath Perps against Aster+0.011%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds 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: +$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BZUSDT	96.650	0	get 0.0000% / 4h	3h 12m	$336K	$1.2M	50x
Short	Aftermath Perps BRENTUSD	96.660	0.0358	get 0.0045% / 1h	12m 55s	$7K	$45K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee Aftermath PerpsbpOrdersPrice spread, now +0.011%Rate

Funding earned: $75.25
Price spread: +0.011% → 0.000%: $1.12
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $59.37
Costs to cover: 0.170%
Break-even: 1.5 days

Slippage unknown: Aster: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 5 min ago	2.07 bp	6.1 bp −$6	8.9 bp −$89	92.1 bp −$9,213	doesn'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 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	95.731	−0.950%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	0.000%	$234K	$440K	15x	as long as short
BloFin BZ-USDT	−0.0057%	4h	96.640	−0.010%	$1.5M	$91K	50x	as long as short
Aster BZUSDTlong	0.0000%	4h	96.650	long leg	$336K	$1.2M	50x
Binance BZUSDT	0.0000%	4h	96.633	−0.018%	$145.7M	$406.1M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.620	−0.031%	$10.4M	$15.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.620	−0.031%	$15.9M	$24.2M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.664	+0.015%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.590	−0.062%	$9.2M	$14.4M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.630	−0.020%	$27.6M	$18.0M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	96.630	−0.020%	$9.3M	$7.4M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.673	+0.024%	$24K	$366K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.670	+0.021%	$4K	$2.6M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.660	+0.011%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.500	−0.155%	$307K	$222K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.620	−0.031%	$1.2M	$92K	100x	as long as short
edgeX BZUSDC	+0.0011%	4h	96.651	+0.001%	$221K	$234K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.185	+0.554%	—	—	—	as long as short
Hotstuff BRENTOIL-PERP	+0.0016%	1h	96.690	+0.042%	$33K	—	20x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0020%	1h	96.668	+0.019%	$83K	$220K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.640	−0.010%	$3.4M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.640	−0.010%	$722K	$5.3M	10x	as long as short
Ondo Perps BRENT-USD.P	+0.0034%	1h	96.620	−0.031%	$3.1M	$1.1M	15x	as long as short
Paradex BZ-USD-PERP	+0.0045%	8h	96.668	+0.019%	$3K	$521	5x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.70	+4.191%	—	$735K	10x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.660	+0.011%	$151.6M	$139.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.712	+0.065%	$1.5M	$506K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.660	+0.011%	$3.8M	$966K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.680	+0.031%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0190% / S +0.0132%	1h	96.655	+0.006%	$121K	—	111x	as long as short
Aftermath Perps BRENTUSDshort	+0.0358%	1h	96.660	+0.011%	$7K	$45K	5x