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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against HTX+0.062%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.062%, 7d avg +0.056%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BRENTOIL-USDT97.1600get 0.0000% / 4h22m 56s$279K$268K75x
ShortSunX BRENTOIL-USDT97.2200get 0.0000% / 4h22m 56s$4K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
Price spread: +0.062% → +0.056%
$0.54
Slippage, 4 orders
−$47.03
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$66.49
Costs to cover
0.670%
Break-even
never at this rate
Slippage from HTX: live order book, 34 min ago; SunX: live order book, 4 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, 34 min ago1.54 bp9.6 bp −$1016.6 bp −$166doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago18.51 bp26.4 bp −$2635.1 bp −$351doesn'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%1h96.571−0.606%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240+0.082%$234K$437K15xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0059%1h97.210+0.051%$104K$232K15xas long as short
Hotstuff BRENTOIL-PERP−0.0008%1h97.240+0.082%$34K20xas long as short
Aster BZUSDT0.0000%4h97.220+0.062%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.200+0.041%$147.1M$370.0M100xas long as short
Bybit BZUSDT0.0000%8h97.200+0.041%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.210+0.051%$16.1M$20.2M50xas long as short
RISEx BZ/USDC0.0000%1h97.206+0.047%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.1600.000%$9.2M$12.2M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.210+0.051%$27.6M$16.5M100xas long as short
Variational Omni BZ0.0000%4h97.167+0.007%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.210+0.051%$28K$352K25xas long as short
SunX BRENTOIL-USDTshort0.0000%4h97.220+0.062%$4K$2.5M20x
HTX BRENTOIL-USDTlong0.0000%4h97.160long leg$279K$268K75x
Phemex XBRUSDT0.0000%4h97.330+0.175%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.760+0.617%as long as short
BloFin BZ-USDT+0.0016%4h97.210+0.051%$1.5M$92K50xas long as short
edgeX BZUSDC+0.0016%4h97.176+0.016%$223K$227K20xas long as short
Lighter BRENTOIL+0.0032%1h97.220+0.062%$3.3M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.213+0.055%$680K$4.4M10xas long as short
Vest BZ-PERP+0.0032%1h101.25+4.210%$735K10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.207+0.048%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.253+0.096%$153.2M$126.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.271+0.114%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.1600.000%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.250+0.093%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.180+0.021%$25K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0106%1h97.281+0.125%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.246+0.089%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0202% / S −0.0080%1h97.205+0.046%$126K111xas long as short