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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.017%
Price spread now: ApeX Omni against BloFin+0.010%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.536% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.236%+$24 on $10k
Price spread, last 3 days (all we have)+0.155%+$15 · spread now +0.010%, 7d avg +0.015%
Together, before fees+0.391%+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BZ-USDT96.0400.0048pay 0.0024% / 4h1h 05m$1.5M$95K50x
ShortApeX Omni BZUSDT96.0500.0100get 0.0013% / 1h5m 34s$25K$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
$10.92
Price spread: +0.010% → +0.015%
−$0.5
Slippage, 4 orders
−$31.56
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$43.15
Costs to cover
0.536%
Break-even
34.7 days
Slippage from BloFin: live order book, 7 min ago; ApeX Omni: live order book, 12 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 BloFin live order book, 7 min ago1.04 bp7.0 bp −$78.0 bp −$8013.9 bp −$1,395doesn't fit
Sell ApeX Omni live order book, 12 min ago8.85 bp19.9 bp −$20180.9 bp −$1,809doesn't fitdoesn't fit

BZ on 30 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
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.045+0.005%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.249−0.824%$8K$7K30xas long as short
RISEx BZ/USDC−0.0075%1h96.040−0.001%$2.2M$1.3M20xas long as short
Hotstuff BRENTOIL-PERP−0.0072%1h96.060+0.021%$33K20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0016%1h96.050+0.010%$232K$624K15xas long as short
Aster BZUSDT0.0000%4h96.033−0.007%$334K$1.5M50xas long as short
Binance BZUSDT0.0000%4h96.050+0.010%$145.7M$470.7M100xas long as short
Bybit BZUSDT0.0000%8h96.050+0.010%$10.4M$15.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.030−0.010%$15.8M$27.0M50xas long as short
Gate BZ_USDT0.0000%8h96.000−0.042%$9.2M$18.0M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h96.030−0.010%$27.4M$21.1M100xas long as short
Variational Omni BZ0.0000%4h96.032−0.008%$9.2M$8.2Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.009−0.033%$34K$388K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.070+0.031%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.060+0.021%$103K$279K15xas long as short
HTX BRENTOIL-USDT0.0000%4h95.990−0.052%$305K$253K75xas long as short
Phemex XBRUSDT0.0000%4h96.0400.000%$1.2M$96K100xas long as short
edgeX BZUSDC+0.0009%4h96.018−0.023%$220K$233K20xas long as short
Aftermath Perps BRENTUSD+0.0014%1h96.063+0.024%$6K$45K5xas long as short
Paradex BZ-USD-PERP+0.0023%8h96.041+0.001%$3K$5215xas long as short
Lighter BRENTOIL+0.0032%1h96.050+0.010%$3.3M$4.3M20xas long as short
Extended XBR-USD+0.0032%1h95.965−0.078%$670K$5.2M10xas long as short
Vest BZ-PERP+0.0046%1h99.760+3.873%$735K10xas long as short
BloFin BZ-USDTlong+0.0048%4h96.040long leg$1.5M$95K50x
tradeXYZ xyz:BRENTOIL+0.0050%1h96.063+0.024%$147.8M$145.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.105+0.068%$1.5M$529K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.020−0.021%$3.0M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h96.060+0.021%$3.8M$996K50xas long as short
ApeX Omni BZUSDTshort+0.0100%1h96.050+0.010%$25K$270K50x
Kraken Futures PF_BRENTOILUSD+0.0555%1h96.074+0.036%$81K$235K20xas long as short