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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.063%
Price spread now: Aster against Injective+0.250%97s7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.250% dearer against Injective than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BRENT/USDC PERP97.155−0.0220get 0.0028% / 1h41m 46s$8K$7K30x
ShortAster BZUSDT97.3980get 0.0000% / 4h41m 46s$339K$860K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
$46.2
Price spread: +0.250% → 0.000%
$25.04
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
$63.22
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aster: live order book, 1 min ago. 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 Injective no order-book sample
Sell Aster live order book, 1 min ago2.05 bp6.1 bp −$611.0 bp −$11082.8 bp −$8,284doesn't fit
Injective: 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 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 PERPlong−0.0220%1h97.155long leg$8K$7K30x
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.561%$237K$412K15xas long as short
BloFin BZ-USDT−0.0046%4h97.490+0.345%$1.5M$95K50xas long as short
Aster BZUSDTshort0.0000%4h97.398+0.250%$339K$860K50x
Binance BZUSDT0.0000%4h97.380+0.232%$149.5M$353.0M100xas long as short
Bybit BZUSDT0.0000%8h97.340+0.190%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.340+0.190%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.363+0.214%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.320+0.170%$9.2M$10.9M100xas long as short
Bitget BZUSDT0.0000%4h97.370+0.221%$27.9M$18.2M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.366+0.217%$9.5M$6.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.497+0.352%$18K$330K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.440+0.293%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.360+0.211%$100K$253K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.340+0.190%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.480+0.335%$1.2M$87K100xas long as short
Vest BZ-PERP+0.0008%1h101.53+4.503%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.918+0.785%as long as short
edgeX BZUSDC+0.0012%4h97.359+0.210%$224K$229K20xas long as short
Lighter BRENTOIL+0.0032%1h97.350+0.201%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.361+0.212%$736K$3.2M10xas long as short
Ondo Perps BRENT-USD.P+0.0032%1h97.430+0.283%$3.1M$1.0M15xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.415+0.268%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.380+0.232%$155.1M$114.9M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.448+0.302%$1.6M$411K20xas long as short
Aftermath Perps BRENTUSD+0.0083%1h97.473+0.327%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.390+0.242%$3.8M$802K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.500+0.355%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.378+0.229%$82K$200K20xas long as short
Hotstuff BRENTOIL-PERP+0.0120%1h97.520+0.376%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.365+0.216%$116K111xas long as short