BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.001%

Price spread now: Aster against BloFin+0.058%102s7-day average −0.006% · 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—prices read too far apart to compare

costs, in and out, $10k−$260.263% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.174%+$17 · spread now +0.058%, 7d avg −0.006%

Together, before fees+0.173%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.063% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BZ-USDT	97.260	−0.0049	get 0.0024% / 4h	43m 25s	$1.5M	$92K	50x
Short	Aster BZUSDT	97.316	0	get 0.0000% / 4h	43m 25s	$338K	$954K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee BloFinbpFee AsterbpOrdersPrice spread, now +0.058%Rate

Funding earned: $10.24
Price spread: +0.058% → −0.006%: $6.34
Slippage, 4 orders: −$6.25
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$9.67
Costs to cover: 0.263%
Break-even: 13.6 days

Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 20 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 BloFin live order book, 4 min ago	0.51 bp	6.5 bp −$7	8.8 bp −$88	17.3 bp −$1,731	doesn't fit
Sell Aster live order book, 20 min ago	1.54 bp	5.5 bp −$6	12.2 bp −$122	85.9 bp −$8,588	doesn't fit

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	96.376	−0.909%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.240	−0.021%	$234K	$437K	15x	as long as short
BloFin BZ-USDTlong	−0.0049%	4h	97.260	long leg	$1.5M	$92K	50x
Hotstuff BRENTOIL-PERP	−0.0016%	1h	97.320	+0.062%	$34K	—	20x	as long as short
Aster BZUSDTshort	0.0000%	4h	97.316	+0.058%	$338K	$954K	50x
Binance BZUSDT	0.0000%	4h	97.340	+0.082%	$147.2M	$371.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.310	+0.051%	$10.4M	$13.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.330	+0.072%	$16.1M	$20.6M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.326	+0.068%	$2.2M	$1.4M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.280	+0.021%	$9.2M	$12.2M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	97.330	+0.072%	$27.5M	$16.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.257	−0.003%	$9.4M	$6.8M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.295	+0.036%	$28K	$352K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.320	+0.062%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.320	+0.062%	$104K	$236K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.200	−0.062%	$279K	$268K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.290	+0.031%	$1.2M	$84K	100x	as long as short
edgeX BZUSDC	+0.0010%	4h	97.213	−0.048%	$223K	$228K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.879	+0.637%	—	—	—	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.350	+0.093%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.359	+0.102%	$676K	$4.5M	10x	as long as short
Vest BZ-PERP	+0.0035%	1h	101.35	+4.205%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.335	+0.078%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.364	+0.107%	$152.7M	$124.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.388	+0.132%	$1.6M	$469K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.260	0.000%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.360	+0.103%	$3.8M	$871K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.320	+0.062%	$26K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0102%	1h	97.296	+0.037%	$7K	$43K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0142%	1h	97.318	+0.060%	$84K	$207K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0189% / S +0.0009%	1h	97.305	+0.046%	$126K	—	111x	as long as short