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−0.0238%/8h= −26.1% APRnext payment $0.30 per $10,000 · paid last 24h +0.023%
Price spread now: Aftermath Perps against GMX+0.016%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BRENTOIL/USD [ETH-USDC]97.395L +0.0328% / S −0.2771%pay 0.0041% / 1h38m 28s$116K111x
ShortAftermath Perps BRENTUSD97.4110.0090get 0.0011% / 1h38m 28s$7K$40K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against GMX. 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
−$50.03
Price spread: +0.016% → 0.000%
$1.6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$69.43
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aftermath 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 GMX no order-book sample
Sell Aftermath Perps no order-book sample
GMX and Aftermath 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 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%1h97.155−0.246%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.313%$237K$412K15xas long as short
BloFin BZ-USDT−0.0034%4h97.360−0.036%$1.5M$95K50xas long as short
Aster BZUSDT0.0000%4h97.397+0.002%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.371−0.024%$149.4M$353.1M100xas long as short
Bybit BZUSDT0.0000%8h97.340−0.056%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.360−0.036%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.355−0.041%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.330−0.067%$9.2M$10.9M100xas long as short
Bitget BZUSDT0.0000%4h97.370−0.026%$27.8M$18.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.336−0.061%$9.5M$6.6Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.340−0.056%$18K$330K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.420+0.026%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.380−0.015%$100K$254K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.340−0.056%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.570+0.180%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0007%4h97.345−0.052%$224K$228K20xas long as short
Vest BZ-PERP+0.0008%1h101.45+4.163%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.945+0.565%as long as short
Ondo Perps BRENT-USD.P+0.0027%1h97.310−0.087%$3.1M$999K15xas long as short
Lighter BRENTOIL+0.0032%1h97.360−0.036%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.371−0.024%$738K$3.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.363−0.033%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.400+0.005%$155.2M$114.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.397+0.002%$1.6M$405K20xas long as short
Aftermath Perps BRENTUSDshort+0.0090%1h97.411+0.016%$7K$40K5x
KuCoin BZUSDTM+0.0100%4h97.410+0.015%$3.8M$802K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.320−0.077%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.401+0.006%$82K$200K20xas long as short
Hotstuff BRENTOIL-PERP+0.0120%1h97.420+0.026%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]longL +0.0328% / S −0.2771%1h97.395long leg$116K111x