Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Aster against Binance+0.033%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 2 days (all we have)−0.024%−$2 · spread now +0.033%, 7d avg +0.007%

Together, before fees−0.051%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.026% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BZUSDT	95.980	0	get 0.0000% / 4h	2h 31m	$145.5M	$488.9M	100x
Short	Aster BZUSDT	96.011	0	get 0.0000% / 4h	2h 31m	$331K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.033%Rate

Funding earned: $0
Price spread: +0.033% → +0.007%: $2.62
Slippage, 4 orders: −$5.06
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.44
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Aster: live order book, 2 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 Binance live order book, 13 min ago	0.52 bp	5.5 bp −$6	6.5 bp −$65	23.8 bp −$2,376	88.8 bp −$44.4K
Sell Aster live order book, 2 min ago	1.56 bp	5.6 bp −$6	11.6 bp −$116	82.9 bp −$8,293	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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0641% / S +0.0454%	1h	95.975	−0.005%	$114K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.398	−0.606%	$10K	$4K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0112%	1h	96.050	+0.073%	$232K	$859K	15x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0063%	1h	95.970	−0.010%	$103K	$281K	15x	as long as short
Aster BZUSDTshort	0.0000%	4h	96.011	+0.033%	$331K	$1.7M	50x
Binance BZUSDTlong	0.0000%	4h	95.980	long leg	$145.5M	$488.9M	100x
Bybit BZUSDT	0.0000%	8h	95.990	+0.010%	$10.2M	$17.2M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.970	−0.010%	$15.8M	$30.3M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	95.961	−0.020%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	95.940	−0.042%	$9.1M	$19.1M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	95.960	−0.021%	$27.6M	$24.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.002	+0.023%	$9.5M	$11.5M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.004	+0.025%	$34K	$406K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.000	+0.021%	$4K	$2.7M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.920	−0.063%	$318K	$233K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.980	0.000%	$1.2M	$101K	100x	as long as short
edgeX BZUSDC	+0.0003%	4h	95.963	−0.018%	$220K	$234K	20x	as long as short
BloFin BZ-USDT	+0.0024%	4h	95.910	−0.073%	$1.5M	$97K	50x	as long as short
Extended XBR-USD	+0.0032%	1h	95.954	−0.027%	$670K	$5.2M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.05	+4.240%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0048%	1h	96.000	+0.021%	$3.3M	$4.4M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.042	+0.065%	$1.5M	$549K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	95.920	−0.063%	$3.1M	$1.1M	15x	as long as short
Paradex BZ-USD-PERP	+0.0053%	8h	95.968	−0.012%	$3K	$521	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.920	−0.063%	$3.7M	$1.0M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.960	−0.021%	$25K	$270K	50x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0144%	1h	96.044	+0.067%	$148.3M	$147.2M	20x	as long as short
Aftermath Perps BRENTUSD	+0.0145%	1h	96.030	+0.053%	$6K	$45K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	96.003	+0.024%	$81K	$263K	20x	as long as short
Hotstuff BRENTOIL-PERP	+0.0504%	1h	96.070	+0.094%	$33K	—	20x	as long as short