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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: edgeX against HTX+0.022%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)+0.175%+$17 · spread now +0.022%, 7d avg +0.015%
Together, before fees+0.237%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BRENTOIL-USDT97.2900get 0.0000% / 4h41m 09s$279K$268K75x
ShortedgeX BZUSDC97.3110.0001get 0.0001% / 4h41m 09s$223K$226K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0.27
Price spread: +0.022% → +0.015%
$0.71
Slippage, 4 orders
−$26.66
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$46.67
Costs to cover
0.477%
Break-even
1203.7 days
Slippage from HTX: live order book, 16 min ago; edgeX: live order book, 16 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, 16 min ago1.54 bp9.6 bp −$1016.6 bp −$166doesn't fitdoesn't fit
Sell edgeX live order book, 16 min ago10.27 bp14.8 bp −$1516.7 bp −$16770.9 bp −$7,092doesn'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%1h96.376−0.939%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240−0.051%$234K$437K15xas long as short
Aster BZUSDT0.0000%4h97.307+0.017%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.333+0.044%$147.2M$371.3M100xas long as short
Bybit BZUSDT0.0000%8h97.300+0.010%$10.4M$13.2M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.320+0.031%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.301+0.011%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.270−0.021%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.320+0.031%$27.5M$16.3M100xas long as short
Variational Omni BZ0.0000%4h97.257−0.034%$9.4M$6.8Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.295+0.005%$28K$352K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.330+0.041%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.340+0.051%$104K$236K15xas long as short
HTX BRENTOIL-USDTlong0.0000%4h97.290long leg$279K$268K75x
Phemex XBRUSDT0.0000%4h97.330+0.041%$1.2M$85K100xas long as short
edgeX BZUSDCshort+0.0001%4h97.311+0.022%$223K$226K20x
BloFin BZ-USDT+0.0006%4h97.330+0.041%$1.5M$92K50xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.876+0.603%as long as short
Lighter BRENTOIL+0.0032%1h97.350+0.062%$3.3M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.352+0.063%$678K$4.5M10xas long as short
Vest BZ-PERP+0.0035%1h101.35+4.173%$735K10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.308+0.018%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.355+0.067%$153.0M$125.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.373+0.085%$1.6M$494K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.280−0.010%$3.1M$1.1M15xas long as short
Hotstuff BRENTOIL-PERP+0.0072%1h97.330+0.041%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.360+0.072%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.320+0.031%$26K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0102%1h97.327+0.038%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.344+0.055%$84K$207K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0190% / S +0.0009%1h97.325+0.036%$126K111xas long as short