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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0875%/8h= +95.8% APRpaid last 24h +0.005%
Price spread now: Paradex against GMX−0.008%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropParadex: Active · farm boardneeds 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: +$26 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BRENTOIL/USD [ETH-USDC]96.205L −0.0848% / S +0.0467%get 0.0106% / 1h18m 10s$120K111x
ShortParadex BZ-USD-PERP96.1970.0027get 0.0027% / 8h18m 10s$3K$5215x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$183.66
Price spread: −0.008% → 0.000%
−$0.79
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
$166.87
Costs to cover
0.160%
Break-even
0.6 days
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell Paradex no order-book sample
GMX and 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 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]longL −0.0848% / S +0.0467%1h96.205long leg$120K111x
Injective BRENT/USDC PERP−0.0220%1h95.348−0.891%$8K$7K30xas long as short
Hotstuff BRENTOIL-PERP−0.0064%1h96.250+0.047%$33K20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.070−0.140%$232K$551K15xas long as short
RISEx BZ/USDC−0.0020%1h96.199−0.006%$2.2M$1.3M20xas long as short
Aster BZUSDT0.0000%4h96.209+0.004%$334K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.209+0.005%$145.8M$453.5M100xas long as short
Bybit BZUSDT0.0000%8h96.220+0.016%$10.5M$16.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.210+0.005%$15.8M$26.5M50xas long as short
Gate BZ_USDT0.0000%8h96.170−0.036%$9.2M$16.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h96.220+0.016%$27.6M$20.4M100xas long as short
Variational Omni BZ0.0000%4h96.172−0.034%$9.3M$7.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.220+0.016%$34K$375K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.220+0.016%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.230+0.026%$103K$275K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.140−0.068%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.210+0.005%$1.2M$94K100xas long as short
edgeX BZUSDC+0.0013%4h96.203−0.002%$220K$233K20xas long as short
Paradex BZ-USD-PERPshort+0.0027%8h96.197−0.008%$3K$5215x
BloFin BZ-USDT+0.0036%4h96.190−0.016%$1.5M$96K50xas long as short
Vest BZ-PERP+0.0046%1h99.800+3.737%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.246+0.043%$151.1M$144.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.264+0.061%$1.5M$527K20xas long as short
Aftermath Perps BRENTUSD+0.0076%1h96.270+0.068%$6K$45K5xas long as short
KuCoin BZUSDTM+0.0100%4h96.120−0.088%$3.8M$988K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.170−0.036%$25K$271K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h96.252+0.048%$83K$234K20xas long as short
Lighter BRENTOIL+0.0296%1h96.220+0.016%$3.3M$4.3M20xas long as short
Ondo Perps BRENT-USD.P+0.0398%1h96.180−0.026%$3.1M$1.1M15xas long as short
Extended XBR-USD+0.0584%1h96.119−0.089%$675K$5.2M10xas long as short