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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.096%
Price spread now: Aftermath Perps against Deribit+0.053%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 +$5 a day on $10k at the current rate, and Aftermath Perps is 0.053% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BRENTOIL_USDC-PERPETUAL95.9700get 0.0000% / 1h22m 04s$102K$281K15x
ShortAftermath Perps BRENTUSD96.0210.0171get 0.0021% / 1h22m 04s$6K$45K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Deribit. 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
$35.83
Price spread: +0.053% → 0.000%
$5.29
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$25.12
Costs to cover
0.160%
Break-even
2.1 days
Slippage unknown: Deribit: live order book, 2 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 Deribit live order book, 2 min ago0.52 bp4.0 bp −$44.2 bp −$42doesn'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 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 −0.0684% / S +0.0461%1h95.925−0.047%$114K29xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.398−0.596%$10K$4K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0112%1h96.050+0.083%$232K$859K15xas long as short
BloFin BZ-USDT−0.0043%4h95.960−0.010%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h95.984+0.014%$335K$1.7M50xas long as short
Binance BZUSDT0.0000%4h95.939−0.032%$145.6M$488.3M100xas long as short
Bybit BZUSDT0.0000%8h95.940−0.031%$10.2M$17.2M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h95.910−0.063%$15.8M$30.2M50xas long as short
RISEx BZ/USDC0.0000%1h95.945−0.026%$2.2M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h95.890−0.083%$9.1M$19.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h95.940−0.031%$27.5M$24.1M100xas long as short
Variational Omni BZ0.0000%4h95.922−0.050%$9.5M$11.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h95.950−0.021%$34K$406K25xas long as short
SunX BRENTOIL-USDT0.0000%4h95.940−0.031%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUALlong0.0000%1h95.970long leg$102K$281K15x
HTX BRENTOIL-USDT0.0000%4h95.900−0.073%$318K$233K75xas long as short
Phemex XBRUSDT0.0000%4h95.920−0.052%$1.2M$101K100xas long as short
edgeX BZUSDC+0.0006%4h95.961−0.009%$220K$233K20xas long as short
Lighter BRENTOIL+0.0032%1h95.950−0.021%$3.3M$4.4M20xas long as short
Extended XBR-USD+0.0032%1h95.935−0.037%$669K$5.2M10xas long as short
Vest BZ-PERP+0.0046%1h100.05+4.251%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.005+0.036%$148.2M$146.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.010+0.042%$1.5M$542K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h95.920−0.052%$3.1M$1.1M15xas long as short
Paradex BZ-USD-PERP+0.0051%8h95.965−0.005%$3K$5215xas long as short
KuCoin BZUSDTM+0.0100%4h95.910−0.063%$3.8M$1.1M50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.020+0.052%$25K$270K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0158%1h95.967−0.003%$81K$263K20xas long as short
Aftermath Perps BRENTUSDshort+0.0171%1h96.021+0.053%$6K$45K5x
Hotstuff BRENTOIL-PERP+0.0456%1h96.010+0.042%$33K20xas long as short