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−0.0111%/8h= −12.2% APRnext payment $0.14 per $10,000 · paid last 24h −0.044%
Price spread now: Vest against Kraken Futures+4.174%7-day average +3.134% · 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)+0.339%+$34 on $10k
Price spread, last 4 days (all we have)−0.249%−$25 · spread now +4.174%, 7d avg +3.134%
Together, before fees+0.091%+ Points / potential airdropVest: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 1.040% dearer against Kraken Futures than usual: you sell high and buy low (spread +4.174% now, against its 7-day average of +3.134%): +$104 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 days. Mind the row above: over the last 3 days funding on this pair paid +0.339%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BRENTOILUSD97.0680.0142pay 0.0018% / 1h14m 14s$84K$206K20x
ShortVest BZ-PERP101.120.0031get 0.0004% / 1h14m 14s$735K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$23.35
Price spread: +4.174% → +3.134%
$104
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$68.64
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Kraken Futures: live order book, 43 min ago; Vest: 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, 43 min ago2.31 bp12.3 bp −$1226.6 bp −$266doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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 PERP−0.0220%1h96.433−0.654%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240+0.177%$234K$436K15xas long as short
Hotstuff BRENTOIL-PERP−0.0048%1h97.190+0.126%$33K20xas long as short
Aster BZUSDT0.0000%4h97.098+0.031%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.060−0.008%$147.0M$369.8M100xas long as short
Bybit BZUSDT0.0000%8h97.050−0.019%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.050−0.019%$16.0M$20.3M50xas long as short
RISEx BZ/USDC0.0000%1h97.041−0.028%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.000−0.070%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.050−0.019%$27.6M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.168+0.103%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.157+0.091%$29K$346K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.080+0.012%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.060−0.008%$104K$233K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.010−0.060%$278K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.290+0.229%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.607+0.556%as long as short
edgeX BZUSDC+0.0018%4h97.141+0.075%$223K$228K20xas long as short
BloFin BZ-USDT+0.0025%4h97.170+0.105%$1.5M$92K50xas long as short
Vest BZ-PERPshort+0.0031%1h101.12+4.174%$735K10x
Lighter BRENTOIL+0.0032%1h97.060−0.008%$3.2M$4.8M20xas long as short
Extended XBR-USD+0.0032%1h97.063−0.005%$680K$4.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.047−0.021%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.084+0.017%$153.2M$127.1M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.113+0.046%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.010−0.060%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.110+0.043%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.190+0.126%$25K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0125%1h97.179+0.115%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSDlong+0.0142%1h97.068long leg$84K$206K20x
GMX BRENTOIL/USD [ETH-USDC]L +0.0210% / S −0.0132%1h97.065−0.003%$126K111xas long as short