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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.021%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 7 days+0.017%+$2 · spread now −0.021%, 7d avg −0.012%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BZUSDT97.3600get 0.0000% / 4h40m 06s$27.8M$18.3M100x
ShortOKX BZ-USDT-SWAP97.3400get 0.0000% / 4h40m 06s$16.1M$19.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
$0
Price spread: −0.021% → −0.012%
−$0.9
Slippage, 4 orders
−$4.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.24
Costs to cover
0.263%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago0.51 bp7.6 bp −$89.7 bp −$9724.9 bp −$2,49570.6 bp −$35.3K
Sell OKX live order book, 3 min ago0.51 bp5.5 bp −$610.1 bp −$10125.4 bp −$2,544doesn't fit

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%1h97.155−0.211%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.349%$237K$412K15xas long as short
Aster BZUSDT0.0000%4h97.375+0.016%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.3600.000%$149.4M$353.3M100xas long as short
Bybit BZUSDT0.0000%8h97.330−0.031%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAPshort0.0000%4h97.340−0.021%$16.1M$19.6M50x
RISEx BZ/USDC0.0000%1h97.284−0.078%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.300−0.062%$9.2M$10.9M100xas long as short
Bitget BZUSDTlong0.0000%4h97.360long leg$27.8M$18.3M100x
Variational Omni BZ0.0000%4h97.336−0.025%$9.5M$6.6Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.497+0.141%$18K$330K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.330−0.031%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.340−0.021%$100K$254K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.340−0.021%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.510+0.154%$1.2M$87K100xas long as short
BloFin BZ-USDT+0.0001%4h97.260−0.103%$1.5M$95K50xas long as short
Vest BZ-PERP+0.0008%1h101.41+4.160%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.877+0.531%as long as short
edgeX BZUSDC+0.0016%4h97.501+0.145%$225K$227K20xas long as short
Hotstuff BRENTOIL-PERP+0.0016%1h97.330−0.031%$34K20xas long as short
Ondo Perps BRENT-USD.P+0.0026%1h97.200−0.164%$3.1M$1.0M15xas long as short
Lighter BRENTOIL+0.0032%1h97.330−0.031%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.350−0.011%$738K$3.2M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.295−0.067%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.370+0.010%$155.1M$115.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.370+0.010%$1.6M$405K20xas long as short
Aftermath Perps BRENTUSD+0.0087%1h97.424+0.066%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.3600.000%$3.8M$802K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.500+0.144%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.342−0.019%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.325−0.036%$115K111xas long as short