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+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.013%
Price spread now: Paradex against Gate+0.023%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.023% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BZ_USDT97.4700get 0.0000% / 8h2h 51m$9.2M$11.6M100x
ShortParadex BZ-USD-PERP97.4930.0050get 0.0050% / 8h2h 51m$3K$3365x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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
$10.5
Price spread: +0.023% → 0.000%
$2.34
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$6.17
Costs to cover
0.190%
Break-even
11.1 days
Slippage unknown: Gate: live order book, 2 min ago; Paradex: 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 Gate live order book, 2 min ago1.03 bp9.5 bp −$1017.9 bp −$17929.8 bp −$2,97540.8 bp −$20.4K
Sell Paradex no order-book sample
Paradex: 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%1h96.684−0.806%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.460−0.010%$237K$443K15xas long as short
BloFin BZ-USDT−0.0030%4h97.510+0.041%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h97.494+0.024%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.507+0.038%$147.5M$364.7M100xas long as short
Bybit BZUSDT0.0000%8h97.500+0.031%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.520+0.051%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.475+0.006%$2.4M$1.7M20xas long as short
Gate BZ_USDTlong0.0000%8h97.470long leg$9.2M$11.6M100x
Bitget BZUSDT0.0000%4h97.510+0.041%$28.0M$16.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.458−0.012%$9.3M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.497+0.028%$26K$315K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.520+0.051%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.520+0.051%$101K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.430−0.041%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.510+0.041%$1.2M$83K100xas long as short
edgeX BZUSDC+0.0002%4h97.457−0.014%$224K$228K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0009%1h97.506+0.037%$82K$208K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.049+0.594%as long as short
Vest BZ-PERP+0.0020%1h101.57+4.206%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.510+0.041%$3.2M$4.6M20xas long as short
Extended XBR-USD+0.0032%1h97.515+0.046%$680K$3.9M10xas long as short
Paradex BZ-USD-PERPshort+0.0050%8h97.493+0.023%$3K$3365x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.518+0.049%$153.8M$125.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.524+0.055%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.450−0.021%$3.1M$1.0M15xas long as short
Aftermath Perps BRENTUSD+0.0061%1h97.478+0.008%$7K$42K5xas long as short
Hotstuff BRENTOIL-PERP+0.0064%1h97.520+0.051%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.550+0.082%$3.8M$837K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.500+0.031%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0291% / S −0.2106%1h97.495+0.026%$115K111xas long as short