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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%
Price spread now: SunX against Injective+0.977%7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SunX is 0.977% dearer against Injective than usual: you sell high and buy low: +$98 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BRENT/USDC PERP95.348−0.0220get 0.0028% / 1h24m 46s$8K$7K30x
ShortSunX BRENTOIL-USDT96.2800get 0.0000% / 4h24m 46s$4K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.977% → 0.000%
$97.75
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
$135.93
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago18.69 bp26.6 bp −$2735.2 bp −$352doesn't fitdoesn'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 30 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
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.255+0.951%$120K111xas long as short
Injective BRENT/USDC PERPlong−0.0220%1h95.348long leg$8K$7K30x
Hotstuff BRENTOIL-PERP−0.0176%1h96.340+1.040%$33K20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0061%1h96.290+0.988%$103K$275K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.070+0.757%$232K$570K15xas long as short
RISEx BZ/USDC−0.0020%1h96.241+0.937%$2.2M$1.3M20xas long as short
Aster BZUSDT0.0000%4h96.259+0.955%$334K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.255+0.951%$145.9M$456.1M100xas long as short
Bybit BZUSDT0.0000%8h96.270+0.967%$10.4M$16.0M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.240+0.936%$15.8M$26.7M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h96.200+0.894%$9.2M$16.4M100xas long as short
Bitget BZUSDT0.0000%4h96.230+0.925%$27.5M$20.6M100xas long as short
Variational Omni BZ0.0000%4h96.254+0.950%$9.3M$7.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.259+0.956%$34K$375K25xas long as short
SunX BRENTOIL-USDTshort0.0000%4h96.280+0.977%$4K$2.7M20x
HTX BRENTOIL-USDT0.0000%4h96.230+0.925%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.360+1.061%$1.2M$96K100xas long as short
edgeX BZUSDC+0.0013%4h96.286+0.984%$221K$232K20xas long as short
Paradex BZ-USD-PERP+0.0024%8h96.242+0.938%$3K$5215xas long as short
BloFin BZ-USDT+0.0034%4h96.280+0.977%$1.5M$96K50xas long as short
Vest BZ-PERP+0.0046%1h99.870+4.743%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.317+1.016%$151.2M$143.9M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.328+1.028%$1.5M$527K20xas long as short
Aftermath Perps BRENTUSD+0.0065%1h96.362+1.063%$6K$45K5xas long as short
KuCoin BZUSDTM+0.0100%4h96.200+0.894%$3.8M$988K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.280+0.977%$25K$271K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h96.322+1.022%$82K$233K20xas long as short
Lighter BRENTOIL+0.0320%1h96.290+0.988%$3.3M$4.3M20xas long as short
Ondo Perps BRENT-USD.P+0.0382%1h96.220+0.915%$3.1M$1.1M15xas long as short
Extended XBR-USD+0.0592%1h96.101+0.789%$670K$5.2M10xas long as short