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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.03 per $10,000 · paid last 24h −0.011%
Price spread now: gTrade (Gains Network) against Extended+0.561%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.561% dearer against Extended than usual: you sell high and buy low (spread +0.561% now, against zero (this spread has no 7-day history yet)): +$56 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD97.1750.0032pay 0.0004% / 1h18m 07s$680K$4.4M10x
ShortgTrade (Gains Network) BRENT/USD97.720L +0.0011% / S −0.0011%get 0.0001% / 1h18m 07s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Extended. 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
−$4.38
Price spread: +0.561% → 0.000%
$56.11
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$36.73
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Extended: live order book, 6 min ago; gTrade (Gains Network): 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 Extended live order book, 6 min ago0.82 bp6.1 bp −$619.1 bp −$191doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%1h96.571−0.621%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240+0.067%$234K$436K15xas long as short
Hotstuff BRENTOIL-PERP−0.0016%1h97.230+0.057%$33K20xas long as short
Aster BZUSDT0.0000%4h97.206+0.032%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.172−0.003%$147.1M$369.7M100xas long as short
Bybit BZUSDT0.0000%8h97.170−0.005%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.170−0.005%$16.1M$20.3M50xas long as short
RISEx BZ/USDC0.0000%1h97.167−0.008%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.120−0.056%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.190+0.016%$27.6M$16.4M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.177+0.002%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.210+0.036%$29K$361K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.180+0.005%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.180+0.005%$104K$232K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.120−0.056%$279K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.330+0.160%$1.2M$84K100xas long as short
edgeX BZUSDC+0.0007%4h97.189+0.014%$223K$227K20xas long as short
gTrade (Gains Network) BRENT/USDshortL +0.0011% / S −0.0011%1h97.720+0.561%
Vest BZ-PERP+0.0032%1h101.20+4.142%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.190+0.016%$3.3M$4.7M20xas long as short
Extended XBR-USDlong+0.0032%1h97.175long leg$680K$4.4M10x
Paradex BZ-USD-PERP+0.0050%8h97.1750.000%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.222+0.049%$153.5M$127.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.228+0.055%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.120−0.056%$3.1M$1.1M15xas long as short
BloFin BZ-USDT+0.0054%4h97.170−0.005%$1.5M$91K50xas long as short
KuCoin BZUSDTM+0.0100%4h97.220+0.047%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.210+0.036%$25K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0116%1h97.242+0.069%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.205+0.031%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0207% / S −0.0109%1h97.165−0.010%$126K111xas long as short