BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.009%

Price spread now: Aster against edgeX+0.037%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$410.414% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.037%, 7d avg +0.007%

Together, before fees−0.054%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.030% dearer against edgeX than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of +0.007%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BZUSDC	95.961	0.0013	pay 0.0007% / 4h	2h 26m	$220K	$234K	20x
Short	Aster BZUSDT	95.997	0	get 0.0000% / 4h	2h 26m	$335K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$2.81
Price spread: +0.037% → +0.007%: $2.96
Slippage, 4 orders: −$24.44
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$41.29
Costs to cover: 0.414%
Break-even: never at this rate

Slippage from edgeX: live order book, 60 min ago; Aster: live order book, 1 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 edgeX live order book, 60 min ago	9.90 bp	14.4 bp −$14	15.2 bp −$152	58.8 bp −$5,881	doesn't fit
Sell Aster live order book, 1 min ago	1.56 bp	6.2 bp −$6	15.1 bp −$151	88.9 bp −$8,888	doesn't fit

BZ on 30 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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0660% / S +0.0457%	1h	95.965	+0.004%	$114K	—	29x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.398	−0.587%	$10K	$4K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0112%	1h	96.050	+0.092%	$232K	$859K	15x	as long as short
BloFin BZ-USDT	−0.0013%	4h	95.940	−0.022%	$1.5M	$97K	50x	as long as short
Aster BZUSDTshort	0.0000%	4h	95.997	+0.037%	$335K	$1.7M	50x
Binance BZUSDT	0.0000%	4h	95.950	−0.012%	$145.4M	$489.2M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	95.950	−0.012%	$10.2M	$17.2M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.930	−0.033%	$15.8M	$30.2M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	95.965	+0.003%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	95.900	−0.064%	$9.1M	$19.1M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	95.930	−0.033%	$27.5M	$24.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.981	+0.020%	$9.5M	$11.2M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	95.970	+0.009%	$34K	$406K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.980	+0.019%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	95.970	+0.009%	$103K	$281K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.890	−0.074%	$318K	$233K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.950	−0.012%	$1.2M	$101K	100x	as long as short
edgeX BZUSDClong	+0.0013%	4h	95.961	long leg	$220K	$234K	20x
Extended XBR-USD	+0.0032%	1h	95.937	−0.025%	$669K	$5.2M	10x	as long as short
Lighter BRENTOIL	+0.0040%	1h	95.960	−0.002%	$3.3M	$4.4M	20x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.05	+4.261%	—	$735K	10x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.034	+0.076%	$1.5M	$549K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	95.930	−0.033%	$3.1M	$1.1M	15x	as long as short
Paradex BZ-USD-PERP	+0.0052%	8h	95.969	+0.008%	$3K	$521	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0087%	1h	96.021	+0.062%	$148.2M	$147.2M	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.880	−0.085%	$3.8M	$1.1M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.050	+0.092%	$25K	$270K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0157%	1h	96.021	+0.062%	$6K	$45K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	95.990	+0.030%	$81K	$263K	20x	as long as short
Hotstuff BRENTOIL-PERP	+0.0384%	1h	96.040	+0.082%	$33K	—	20x	as long as short