Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Aster against HTX+0.073%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$300.303% of the position

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.073%, 7d avg +0.026%

Together, before fees+0.052%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.047% dearer against HTX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BRENTOIL-USDT	97.590	0	get 0.0000% / 4h	2h 20m	$280K	$254K	75x
Short	Aster BZUSDT	97.662	0	get 0.0000% / 4h	2h 20m	$340K	$930K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee HTXbpFee AsterbpOrdersPrice spread, now +0.073%Rate

Funding earned: $0
Price spread: +0.073% → +0.026%: $4.74
Slippage, 4 orders: −$10.25
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.52
Costs to cover: 0.303%
Break-even: never at this rate

Slippage from HTX: live order book, 26 min ago; Aster: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 26 min ago	2.57 bp	9.6 bp −$10	16.6 bp −$166	doesn't fit	doesn't fit
Sell Aster live order book, 32 min ago	2.05 bp	6.1 bp −$6	10.8 bp −$108	84.3 bp −$8,426	doesn't fit

BZ on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	96.783	−0.827%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.061%	$235K	$430K	15x	as long as short
Aster BZUSDTshort	0.0000%	4h	97.662	+0.073%	$340K	$930K	50x
Binance BZUSDT	0.0000%	4h	97.661	+0.073%	$147.8M	$361.6M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.640	+0.051%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.670	+0.082%	$16.1M	$20.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.531	−0.061%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.610	+0.020%	$9.3M	$11.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.650	+0.061%	$28.0M	$16.5M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.558	−0.033%	$9.4M	$6.9M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.585	−0.005%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.610	+0.020%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.590	0.000%	$100K	$250K	15x	as long as short
HTX BRENTOIL-USDTlong	0.0000%	4h	97.590	long leg	$280K	$254K	75x
Phemex XBRUSDT	0.0000%	4h	97.610	+0.020%	$1.2M	$83K	100x	as long as short
BloFin BZ-USDT	+0.0003%	4h	97.610	+0.020%	$1.5M	$95K	50x	as long as short
edgeX BZUSDC	+0.0008%	4h	97.571	−0.020%	$225K	$228K	20x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.590	0.000%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.133	+0.556%	—	—	—	as long as short
Vest BZ-PERP	+0.0016%	1h	101.65	+4.160%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.650	+0.061%	$3.2M	$4.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.657	+0.069%	$680K	$3.6M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.557	−0.034%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.681	+0.093%	$154.3M	$124.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.601	+0.011%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.540	−0.051%	$3.1M	$999K	15x	as long as short
Aftermath Perps BRENTUSD	+0.0063%	1h	97.586	−0.004%	$7K	$42K	5x	as long as short
Hotstuff BRENTOIL-PERP	+0.0064%	1h	97.580	−0.010%	$34K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.660	+0.072%	$3.8M	$833K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.600	+0.010%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0322% / S −0.2637%	1h	97.575	−0.015%	$116K	—	111x	as long as short