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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0294%/8h= +32.2% APRnext payment +$0.37 per $10,000 · paid last 24h +0.046%
Price spread now: Aftermath Perps against Coinbase International+0.042%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 3 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 +$9 a day on $10k at the current rate, and Aftermath Perps is 0.042% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BRENTOIL-PERP-INTX96.850−0.0104get 0.0013% / 1h37m 39s$233K$426K15x
ShortAftermath Perps BRENTUSD96.8910.0190get 0.0024% / 1h37m 39s$7K$44K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Coinbase International. 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
$61.74
Price spread: +0.042% → 0.000%
$4.18
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$46.93
Costs to cover
0.190%
Break-even
1.7 days
Slippage unknown: Coinbase International: live order book, 25 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 Coinbase International live order book, 25 min ago0.52 bp6.6 bp −$79.4 bp −$94doesn't fitdoesn'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%1h96.164−0.708%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTXlong−0.0104%1h96.850long leg$233K$426K15x
Deribit BRENTOIL_USDC-PERPETUAL−0.0060%1h96.840−0.010%$103K$241K15xas long as short
Hotstuff BRENTOIL-PERP−0.0040%1h96.870+0.021%$33K20xas long as short
BloFin BZ-USDT−0.0031%4h96.880+0.031%$1.5M$86K50xas long as short
Aster BZUSDT0.0000%4h96.8500.000%$336K$984K50xas long as short
Binance BZUSDT0.0000%4h96.830−0.021%$146.5M$374.3M100xas long as short
Bybit BZUSDT0.0000%8h96.810−0.041%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.820−0.031%$15.9M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h96.817−0.034%$2.2M$1.3M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h96.800−0.052%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h96.840−0.010%$27.4M$16.4M100xas long as short
Variational Omni BZ0.0000%4h96.846−0.004%$9.3M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.882+0.033%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.8500.000%$4K$2.5M20xas long as short
HTX BRENTOIL-USDT0.0000%4h96.840−0.010%$278K$269K75xas long as short
Phemex XBRUSDT0.0000%4h96.840−0.010%$1.2M$85K100xas long as short
edgeX BZUSDC+0.0011%4h96.838−0.013%$222K$227K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.398+0.566%as long as short
Lighter BRENTOIL+0.0032%1h96.840−0.010%$3.2M$4.6M20xas long as short
Extended XBR-USD+0.0032%1h96.852+0.002%$676K$4.8M10xas long as short
Vest BZ-PERP+0.0045%1h100.90+4.182%$735K10xas long as short
Paradex BZ-USD-PERP+0.0049%8h96.824−0.027%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.844−0.006%$151.7M$125.2M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.896+0.047%$1.5M$446K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.780−0.072%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h96.880+0.031%$3.8M$873K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.890+0.041%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0182% / S +0.0051%1h96.835−0.015%$126K111xas long as short
Aftermath Perps BRENTUSDshort+0.0190%1h96.891+0.042%$7K$44K5x
Kraken Futures PF_BRENTOILUSD+0.0299%1h96.861+0.012%$83K$218K20xas long as short