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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.016%
Price spread now: Paradex against Aster+0.005%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Paradex: Active · 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BZUSDT97.3110get 0.0000% / 4h3h 47m$338K$860K50x
ShortParadex BZ-USD-PERP97.3160.0049get 0.0049% / 8h7h 47m$2K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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

Funding earned
$10.38
Price spread: +0.005% → 0.000%
$0.53
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$1.09
Costs to cover
0.120%
Break-even
7.7 days
Slippage unknown: Aster: live order book, 55 min ago; Paradex: 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 Aster live order book, 55 min ago2.05 bp6.1 bp −$66.7 bp −$6796.7 bp −$9,670doesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h96.342−0.996%$8K$7K30xas long as short
Ondo Perps BRENT-USD.P−0.0078%1h97.230−0.083%$3.1M$990K15xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0058%1h97.300−0.011%$100K$259K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.174%$237K$402K15xas long as short
RISEx BZ/USDC−0.0039%1h97.283−0.029%$2.4M$1.7M20xas long as short
GRVT BZ_USDT_Perp−0.0034%4h97.302−0.009%$14K$332K25xas long as short
Hotstuff BRENTOIL-PERP−0.0024%1h97.320+0.009%$34K20xas long as short
BloFin BZ-USDT−0.0018%4h97.290−0.022%$1.5M$99K50xas long as short
Kraken Futures PF_BRENTOILUSD−0.0002%1h97.319+0.008%$82K$200K20xas long as short
Aster BZUSDTlong0.0000%4h97.311long leg$338K$860K50x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BZUSDT0.0000%4h97.288−0.023%$148.7M$352.6M100xas long as short
Bybit BZUSDT0.0000%8h97.280−0.032%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.250−0.063%$16.1M$19.8M50xas long as short
Gate BZ_USDT0.0000%8h97.250−0.063%$9.2M$10.3M100xas long as short
Bitget BZUSDT0.0000%4h97.290−0.022%$27.9M$18.7M100xas long as short
Variational Omni BZ0.0000%4h97.269−0.043%$9.4M$6.2Mas long as short
SunX BRENTOIL-USDT0.0000%4h97.330+0.020%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.270−0.042%$279K$251K75xas long as short
Phemex XBRUSDT0.0000%4h97.450+0.143%$1.2M$85K100xas long as short
edgeX BZUSDC+0.0009%4h97.270−0.042%$223K$229K20xas long as short
Vest BZ-PERP+0.0010%1h101.27+4.068%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.852+0.556%as long as short
Lighter BRENTOIL+0.0032%1h97.320+0.009%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.323+0.013%$747K$2.8M10xas long as short
Paradex BZ-USD-PERPshort+0.0049%8h97.316+0.005%$2K$1K5x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.316+0.005%$155.2M$115.8M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.310−0.001%$1.6M$370K20xas long as short
Aftermath Perps BRENTUSD+0.0076%1h97.329+0.019%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.280−0.032%$3.8M$798K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.330+0.020%$26K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.305−0.006%$115K111xas long as short