BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.032%

Price spread now: KuCoin against Aster+0.064%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$300.305% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.168%+$17 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.064%, 7d avg +0.031%

Together, before fees+0.117%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.033% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BZUSDT	96.948	0	get 0.0000% / 4h	1h 57m	$337K	$998K	50x
Short	KuCoin BZUSDTM	97.010	0.0100	get 0.0050% / 4h	1h 57m	$3.8M	$879K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.064%Rate

Funding earned: $21
Price spread: +0.064% → +0.031%: $3.29
Slippage, 4 orders: −$10.47
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$6.18
Costs to cover: 0.305%
Break-even: 9.1 days

Slippage from Aster: live order book, 10 min ago; KuCoin: live order book, 4 min ago.

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, 10 min ago	2.06 bp	6.1 bp −$6	6.3 bp −$63	58.2 bp −$5,816	doesn't fit
Sell KuCoin live order book, 4 min ago	0.52 bp	11.8 bp −$12	38.3 bp −$383	doesn't fit	doesn't fit

BZ on 30 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	95.978	−1.001%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.810	−0.143%	$234K	$425K	15x	as long as short
Aster BZUSDTlong	0.0000%	4h	96.948	long leg	$337K	$998K	50x
Binance BZUSDT	0.0000%	4h	96.960	+0.012%	$146.6M	$376.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.950	+0.002%	$10.3M	$13.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.960	+0.012%	$15.9M	$21.0M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.001	+0.054%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.910	−0.040%	$9.2M	$12.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.940	−0.009%	$27.4M	$16.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.848	−0.104%	$9.3M	$7.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	96.891	−0.059%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.970	+0.022%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.970	+0.022%	$103K	$237K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.940	−0.009%	$278K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.010	+0.064%	$1.2M	$84K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.490	+0.559%	—	—	—	as long as short
edgeX BZUSDC	+0.0020%	4h	96.842	−0.109%	$222K	$228K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.960	+0.012%	$3.3M	$4.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.957	+0.009%	$677K	$4.9M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	101.04	+4.220%	—	$735K	10x	as long as short
Hotstuff BRENTOIL-PERP	+0.0048%	1h	97.030	+0.084%	$33K	—	20x	as long as short
Paradex BZ-USD-PERP	+0.0049%	8h	96.968	+0.020%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.957	+0.009%	$151.9M	$126.9M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.027	+0.081%	$1.5M	$470K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.920	−0.029%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTMshort	+0.0100%	4h	97.010	+0.064%	$3.8M	$879K	50x
ApeX Omni BZUSDT	+0.0100%	1h	96.920	−0.029%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0211% / S +0.0068%	1h	96.965	+0.017%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0215%	1h	96.962	+0.014%	$8K	$44K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	96.989	+0.042%	$84K	$218K	20x	as long as short