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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h −0.026%
Price spread now: Vest against Extended+4.173%7-day average +3.270% · 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)−0.015%−$2 on $10k
Price spread, last 4 days (all we have)−0.361%−$36 · spread now +4.173%, 7d avg +3.270%
Together, before fees−0.376%+ Points / potential airdropExtended: Active · Vest: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.902% dearer against Extended than usual: you sell high and buy low (spread +4.173% now, against its 7-day average of +3.270%): +$90 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 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD97.5110.0032pay 0.0004% / 1h30m 51s$680K$3.7M10x
ShortVest BZ-PERP101.580.0018get 0.0002% / 1h30m 51s$735K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$2.96
Price spread: +4.173% → +3.270%
$90.25
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$80.29
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Extended: live order book, 3 min ago; Vest: 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 ago0.72 bp4.3 bp −$413.1 bp −$131doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%1h96.783−0.747%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.530+0.019%$235K$434K15xas long as short
BloFin BZ-USDT−0.0025%4h97.510−0.001%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h97.522+0.011%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.514+0.003%$147.7M$363.0M100xas long as short
Bybit BZUSDT0.0000%8h97.520+0.009%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.520+0.009%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.488−0.024%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.470−0.042%$9.2M$11.6M100xas long as short
Bitget BZUSDT0.0000%4h97.500−0.011%$28.0M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.490−0.022%$9.4M$7.0Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.487−0.024%$34K$327K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.530+0.019%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.510−0.001%$101K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.500−0.011%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.500−0.011%$1.2M$83K100xas long as short
edgeX BZUSDC+0.0002%4h97.479−0.033%$224K$229K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0009%1h97.519+0.008%$82K$208K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.058+0.561%as long as short
Hotstuff BRENTOIL-PERP+0.0016%1h97.510−0.001%$34K20xas long as short
Vest BZ-PERPshort+0.0018%1h101.58+4.173%$735K10x
Lighter BRENTOIL+0.0032%1h97.520+0.009%$3.2M$4.6M20xas long as short
Extended XBR-USDlong+0.0032%1h97.511long leg$680K$3.7M10x
Paradex BZ-USD-PERP+0.0050%8h97.513+0.002%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.545+0.035%$154.0M$124.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.562+0.052%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.470−0.042%$3.1M$1.0M15xas long as short
Aftermath Perps BRENTUSD+0.0052%1h97.540+0.029%$7K$42K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.520+0.009%$3.8M$837K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.510−0.001%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0312% / S −0.2547%1h97.515+0.004%$115K111xas long as short