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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −0.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.002%
Price spread now: HTX against edgeX−0.016%77s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.016%, 7d avg −0.013%
Together, before fees−0.109%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BZUSDC97.3460.0009pay 0.0004% / 4h36m 13s$224K$228K20x
ShortHTX BRENTOIL-USDT97.3300get 0.0000% / 4h36m 13s$279K$254K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$1.79
Price spread: −0.016% → −0.013%
−$0.31
Slippage, 4 orders
−$26.67
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$49.77
Costs to cover
0.477%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; HTX: live order book, 66 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 1 min ago10.27 bp14.8 bp −$1515.6 bp −$15659.8 bp −$5,978doesn't fit
Sell HTX live order book, 66 min ago2.56 bp9.6 bp −$1010.6 bp −$106doesn't fitdoesn't fit

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%1h96.605−0.761%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0058%1h97.300−0.047%$100K$254K15xas long as short
Hotstuff BRENTOIL-PERP−0.0056%1h97.360+0.015%$34K20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.364%$237K$412K15xas long as short
BloFin BZ-USDT−0.0022%4h97.340−0.006%$1.5M$95K50xas long as short
Aster BZUSDT0.0000%4h97.340−0.006%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.325−0.021%$149.4M$353.1M100xas long as short
Bybit BZUSDT0.0000%8h97.290−0.057%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.310−0.037%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.293−0.054%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.260−0.088%$9.2M$10.9M100xas long as short
Bitget BZUSDT0.0000%4h97.300−0.047%$27.8M$18.3M100xas long as short
Variational Omni BZ0.0000%4h97.336−0.010%$9.5M$6.6Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.360+0.015%$18K$330K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.320−0.026%$4K$2.4M20xas long as short
HTX BRENTOIL-USDTshort0.0000%4h97.330−0.016%$279K$254K75x
Phemex XBRUSDT0.0000%4h97.530+0.189%$1.2M$87K100xas long as short
Vest BZ-PERP+0.0008%1h101.40+4.165%$735K10xas long as short
edgeX BZUSDClong+0.0009%4h97.346long leg$224K$228K20x
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.860+0.528%as long as short
Lighter BRENTOIL+0.0032%1h97.310−0.037%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.311−0.036%$738K$3.1M10xas long as short
Ondo Perps BRENT-USD.P+0.0032%1h97.240−0.108%$3.1M$998K15xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.303−0.044%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.325−0.021%$155.1M$114.5M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.348+0.002%$1.6M$405K20xas long as short
Aftermath Perps BRENTUSD+0.0092%1h97.377+0.032%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.320−0.026%$3.8M$802K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.320−0.026%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.326−0.020%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.305−0.042%$115K111xas long as short