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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against HTX+0.041%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.041%, 7d avg +0.041%
Together, before fees+0.243%+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BRENTOIL-USDT97.4800get 0.0000% / 4h1h 04m$280K$253K75x
ShortApeX Omni BZUSDT97.5200.0100get 0.0013% / 1h4m 39s$26K$273K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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
$21
Price spread: +0.041% → +0.041%
$0
Slippage, 4 orders
−$36.96
Fee HTX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$37.96
Costs to cover
0.590%
Break-even
19.7 days
Slippage from HTX: live order book, 37 min ago; ApeX Omni: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 37 min ago2.56 bp8.6 bp −$915.6 bp −$156doesn't fitdoesn't fit
Sell ApeX Omni live order book, 38 min ago8.69 bp20.3 bp −$20182.0 bp −$1,820doesn't fitdoesn't fit

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%1h96.970−0.523%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.700+0.226%$237K$417K15xas long as short
Hotstuff BRENTOIL-PERP−0.0024%1h97.530+0.051%$34K20xas long as short
Aster BZUSDT0.0000%4h97.510+0.031%$339K$880K50xas long as short
Binance BZUSDT0.0000%4h97.500+0.021%$148.4M$352.0M100xas long as short
Bybit BZUSDT0.0000%8h97.470−0.010%$10.3M$13.2M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.500+0.021%$16.1M$19.7M50xas long as short
RISEx BZ/USDC0.0000%1h97.476−0.004%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.460−0.021%$9.3M$11.3M100xas long as short
Bitget BZUSDT0.0000%4h97.500+0.021%$27.8M$17.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.528+0.049%$9.4M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.500+0.021%$30K$316K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.510+0.031%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.500+0.021%$100K$252K15xas long as short
HTX BRENTOIL-USDTlong0.0000%4h97.480long leg$280K$253K75x
Phemex XBRUSDT0.0000%4h97.570+0.092%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0003%4h97.490+0.011%$225K$228K20xas long as short
Vest BZ-PERP+0.0008%1h101.69+4.319%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.067+0.602%as long as short
Lighter BRENTOIL+0.0032%1h97.510+0.031%$3.3M$4.1M20xas long as short
Extended XBR-USD+0.0032%1h97.503+0.024%$717K$3.2M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.484+0.005%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.518+0.039%$155.1M$115.2M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.562+0.084%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.440−0.041%$3.1M$1.0M15xas long as short
BloFin BZ-USDT+0.0055%4h97.490+0.010%$1.5M$96K50xas long as short
KuCoin BZUSDTM+0.0100%4h97.470−0.010%$3.8M$812K50xas long as short
ApeX Omni BZUSDTshort+0.0100%1h97.520+0.041%$26K$273K50x
Aftermath Perps BRENTUSD+0.0104%1h97.554+0.076%$7K$41K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0158%1h97.514+0.035%$82K$204K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.515+0.036%$116K111xas long as short