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−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h +0.005%
Price spread now: Aftermath Perps against Kraken Futures+0.040%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Aftermath Perps is 0.040% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BRENTOILUSD96.2310.0113pay 0.0014% / 1h21m 06s$83K$234K20x
ShortAftermath Perps BRENTUSD96.2700.0073get 0.0009% / 1h21m 06s$6K$44K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Kraken Futures. 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
−$8.45
Price spread: +0.040% → 0.000%
$4.03
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$23.41
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 56 min ago; Aftermath Perps: no order-book sample. 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 Kraken Futures live order book, 56 min ago3.17 bp17.4 bp −$1725.4 bp −$254doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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%1h96.185−0.048%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.348−0.918%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0062%1h96.210−0.022%$103K$275K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.070−0.168%$232K$570K15xas long as short
RISEx BZ/USDC−0.0020%1h96.172−0.062%$2.2M$1.3M20xas long as short
Aster BZUSDT0.0000%4h96.210−0.022%$334K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.180−0.053%$145.7M$455.2M100xas long as short
Bybit BZUSDT0.0000%8h96.200−0.032%$10.3M$16.0M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.170−0.064%$15.8M$26.7M50xas long as short
Gate BZ_USDT0.0000%8h96.140−0.095%$9.2M$16.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h96.180−0.053%$27.6M$20.6M100xas long as short
Variational Omni BZ0.0000%4h96.172−0.061%$9.3M$7.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.220−0.012%$34K$375K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.210−0.022%$4K$2.7M20xas long as short
HTX BRENTOIL-USDT0.0000%4h96.150−0.084%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.360+0.134%$1.2M$94K100xas long as short
edgeX BZUSDC+0.0013%4h96.203−0.030%$220K$233K20xas long as short
Paradex BZ-USD-PERP+0.0025%8h96.174−0.059%$3K$5215xas long as short
BloFin BZ-USDT+0.0029%4h96.150−0.084%$1.5M$96K50xas long as short
Vest BZ-PERP+0.0046%1h99.780+3.688%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.234+0.003%$151.1M$144.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.255+0.025%$1.5M$527K20xas long as short
Aftermath Perps BRENTUSDshort+0.0073%1h96.270+0.040%$6K$44K5x
KuCoin BZUSDTM+0.0100%4h96.110−0.126%$3.8M$987K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.170−0.064%$25K$271K50xas long as short
Hotstuff BRENTOIL-PERP+0.0112%1h96.260+0.030%$33K20xas long as short
Kraken Futures PF_BRENTOILUSDlong+0.0113%1h96.231long leg$83K$234K20x
Lighter BRENTOIL+0.0312%1h96.220−0.012%$3.3M$4.3M20xas long as short
Ondo Perps BRENT-USD.P+0.0391%1h96.130−0.105%$3.1M$1.1M15xas long as short
Extended XBR-USD+0.0600%1h96.110−0.126%$670K$5.2M10xas long as short