Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.009%

Price spread now: Vest against Aster+4.133%7-day average +3.298% · you sell dearer than you buy

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

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.085%−$8 on $10k

Price spread, last 4 days (all we have)−0.228%−$23 · spread now +4.133%, 7d avg +3.298%

Together, before fees−0.312%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.835% dearer against Aster than usual: you sell high and buy low: +$84 more if the spread goes back to its 7-day average of +3.298%. Mind the row above: over the last 3 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BZUSDT	97.692	0	get 0.0000% / 4h	2h 12m	$340K	$930K	50x
Short	Vest BZ-PERP	101.73	0.0015	get 0.0002% / 1h	12m 18s	—	$735K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +4.133%Rate

Funding earned: $3.16
Price spread: +4.133% → +3.298%: $83.51
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $76.67
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Aster: live order book, 41 min ago; Vest: 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, 41 min ago	2.05 bp	6.1 bp −$6	6.6 bp −$66	73.6 bp −$7,358	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	96.939	−0.771%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.166%	$235K	$430K	15x	as long as short
BloFin BZ-USDT	−0.0030%	4h	97.690	−0.003%	$1.5M	$95K	50x	as long as short
Aster BZUSDTlong	0.0000%	4h	97.692	long leg	$340K	$930K	50x
Binance BZUSDT	0.0000%	4h	97.684	−0.008%	$147.7M	$360.4M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.690	−0.003%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.680	−0.013%	$16.1M	$20.6M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.668	−0.025%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.650	−0.043%	$9.3M	$11.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.690	−0.003%	$27.7M	$17.0M	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	97.609	−0.086%	$9.4M	$6.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.656	−0.037%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.720	+0.028%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.710	+0.018%	$100K	$250K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.590	−0.105%	$280K	$254K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.680	−0.013%	$1.2M	$81K	100x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.707	+0.014%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.219	+0.539%	—	—	—	as long as short
edgeX BZUSDC	+0.0014%	4h	97.617	−0.077%	$225K	$229K	20x	as long as short
Vest BZ-PERPshort	+0.0015%	1h	101.73	+4.133%	—	$735K	10x
Hotstuff BRENTOIL-PERP	+0.0016%	1h	97.710	+0.018%	$34K	—	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.700	+0.008%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.696	+0.004%	$680K	$3.6M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.699	+0.006%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.703	+0.011%	$154.5M	$124.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.725	+0.033%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.670	−0.023%	$3.1M	$1.0M	15x	as long as short
Aftermath Perps BRENTUSD	+0.0070%	1h	97.678	−0.015%	$7K	$42K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.730	+0.038%	$3.8M	$832K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.660	−0.033%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.675	−0.018%	$116K	—	111x	as long as short