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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.021%
Price spread now: Aftermath Perps against Bybit+0.030%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aftermath Perps is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BZUSDT97.290−0.0011get 0.0011% / 8h7h 50m$10.3M$13.4M100x
ShortAftermath Perps BRENTUSD97.3190.0079get 0.0010% / 1h50m 15s$7K$40K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bybit. 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
$18.73
Price spread: +0.030% → 0.000%
$2.95
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$1.68
Costs to cover
0.200%
Break-even
6.4 days
Slippage unknown: Bybit: live order book, 3 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago0.51 bp8.2 bp −$811.5 bp −$11596.2 bp −$9,615doesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h96.342−0.974%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0161%1h97.300+0.010%$100K$259K15xas long as short
Ondo Perps BRENT-USD.P−0.0082%1h97.220−0.072%$3.1M$991K15xas long as short
GRVT BZ_USDT_Perp−0.0074%4h97.238−0.053%$14K$332K25xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.195%$237K$402K15xas long as short
RISEx BZ/USDC−0.0039%1h97.252−0.039%$2.4M$1.7M20xas long as short
Bybit BZUSDTlong−0.0011%8h97.290long leg$10.3M$13.4M100x
Kraken Futures PF_BRENTOILUSD−0.0002%1h97.313+0.023%$82K$200K20xas long as short
Aster BZUSDT0.0000%4h97.326+0.037%$338K$860K50xas long as short
Binance BZUSDT0.0000%4h97.297+0.007%$148.7M$352.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BZ-USDT-SWAP0.0000%4h97.2900.000%$16.1M$19.8M50xas long as short
Gate BZ_USDT0.0000%8h97.250−0.041%$9.2M$10.3M100xas long as short
Bitget BZUSDT0.0000%4h97.310+0.021%$27.9M$18.7M100xas long as short
Variational Omni BZ0.0000%4h97.269−0.022%$9.4M$6.2Mas long as short
SunX BRENTOIL-USDT0.0000%4h97.310+0.021%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.210−0.082%$279K$251K75xas long as short
Phemex XBRUSDT0.0000%4h97.420+0.134%$1.2M$85K100xas long as short
Vest BZ-PERP+0.0010%1h101.28+4.101%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.840+0.566%as long as short
BloFin BZ-USDT+0.0014%4h97.310+0.021%$1.5M$99K50xas long as short
edgeX BZUSDC+0.0015%4h97.204−0.088%$223K$229K20xas long as short
Lighter BRENTOIL+0.0032%1h97.280−0.010%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.333+0.044%$747K$2.8M10xas long as short
Paradex BZ-USD-PERP+0.0049%8h97.271−0.020%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.335+0.046%$155.4M$115.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.310+0.021%$1.6M$395K20xas long as short
Hotstuff BRENTOIL-PERP+0.0056%1h97.350+0.062%$34K20xas long as short
Aftermath Perps BRENTUSDshort+0.0079%1h97.319+0.030%$7K$40K5x
KuCoin BZUSDTM+0.0100%4h97.280−0.010%$3.8M$798K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.280−0.010%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.305+0.015%$115K111xas long as short