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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0085%/8h= −9.3% APRnext payment $0.11 per $10,000 · paid last 24h +0.056%
Price spread now: Ondo Perps against Extended+0.058%7-day average −0.068% · 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 7 days+0.079%+$8 on $10k
Price spread, last 7 days−0.094%−$9 · spread now +0.058%, 7d avg −0.068%
Together, before fees−0.015%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.127% dearer against Extended than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.068%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD95.9340.0032pay 0.0004% / 1h15m 54s$670K$5.2M10x
ShortOndo Perps BRENT-USD.P95.990−0.0053pay 0.0007% / 1h15m 54s$3.0M$1.1M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$17.81
Price spread: +0.058% → −0.068%
$12.66
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$15.15
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; Ondo 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 Extended live order book, 3 min ago0.88 bp3.7 bp −$414.6 bp −$146doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo 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 −0.0848% / S +0.0467%1h96.005+0.074%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.249−0.714%$8K$7K30xas long as short
RISEx BZ/USDC−0.0075%1h96.017+0.087%$2.2M$1.3M20xas long as short
Ondo Perps BRENT-USD.Pshort−0.0053%1h95.990+0.058%$3.0M$1.1M15x
Coinbase International BRENTOIL-PERP-INTX−0.0016%1h96.050+0.121%$232K$638K15xas long as short
BloFin BZ-USDT−0.0005%4h96.030+0.100%$1.5M$95K50xas long as short
Aster BZUSDT0.0000%4h96.027+0.097%$334K$1.5M50xas long as short
Binance BZUSDT0.0000%4h96.011+0.080%$145.6M$476.3M100xas long as short
Bybit BZUSDT0.0000%8h96.020+0.089%$10.3M$15.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h95.990+0.058%$15.8M$27.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h95.970+0.037%$9.2M$18.0M100xas long as short
Bitget BZUSDT0.0000%4h96.000+0.069%$27.4M$21.3M100xas long as short
Variational Omni BZ0.0000%4h95.963+0.030%$9.2M$8.2Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.005+0.074%$34K$388K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.030+0.100%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.030+0.100%$102K$279K15xas long as short
HTX BRENTOIL-USDT0.0000%4h95.940+0.006%$305K$259K75xas long as short
Phemex XBRUSDT0.0000%4h96.030+0.100%$1.2M$100K100xas long as short
edgeX BZUSDC0.0000%4h95.954+0.021%$220K$233K20xas long as short
Aftermath Perps BRENTUSD+0.0006%1h96.053+0.124%$6K$45K5xas long as short
Paradex BZ-USD-PERP+0.0017%8h96.004+0.073%$3K$5215xas long as short
Lighter BRENTOIL+0.0032%1h96.020+0.089%$3.3M$4.2M20xas long as short
Extended XBR-USDlong+0.0032%1h95.934long leg$670K$5.2M10x
Vest BZ-PERP+0.0046%1h100.04+4.280%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.054+0.125%$147.8M$146.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.076+0.148%$1.5M$529K20xas long as short
KuCoin BZUSDTM+0.0100%4h96.050+0.121%$3.8M$999K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.030+0.100%$25K$271K50xas long as short
Hotstuff BRENTOIL-PERP+0.0208%1h96.070+0.142%$33K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0555%1h96.048+0.119%$81K$235K20xas long as short