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−0.0084%/8h= −9.2% APRnext payment $0.42 per $10,000 · paid last 24h −0.016%
Price spread now: edgeX against KuCoin−0.042%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.567% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.042%, 7d avg −0.041%
Together, before fees−0.070%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BZUSDTM95.8300.0100pay 0.0050% / 4h1h 45m$3.7M$1.0M50x
ShortedgeX BZUSDC95.7900.0016get 0.0008% / 4h1h 45m$219K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
−$17.56
Price spread: −0.042% → −0.041%
−$0.06
Slippage, 4 orders
−$35.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$74.37
Costs to cover
0.567%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 37 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 KuCoin live order book, 2 min ago1.57 bp16.5 bp −$1657.3 bp −$573doesn't fitdoesn't fit
Sell edgeX live order book, 37 min ago9.90 bp14.5 bp −$1517.0 bp −$17070.8 bp −$7,082doesn't fit

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
Ondo Perps BRENT-USD.P−0.0562%1h95.800−0.031%$3.0M$1.1M15xas long as short
Hotstuff BRENTOIL-PERP−0.0408%1h95.820−0.010%$33K20xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.248−0.607%$8K$7K30xas long as short
Lighter BRENTOIL−0.0128%1h95.840+0.010%$3.3M$4.2M20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L −0.0095% / S +0.0137%1h95.815−0.016%$33K29xas long as short
tradeXYZ xyz:BRENTOIL−0.0076%1h95.826−0.004%$147.4M$147.0M20xas long as short
RISEx BZ/USDC−0.0075%1h95.823−0.007%$2.2M$1.3M20xas long as short
GRVT BZ_USDT_Perp−0.0048%4h95.823−0.007%$34K$388K25xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0016%1h96.050+0.230%$232K$674K15xas long as short
Paradex BZ-USD-PERP−0.0014%8h95.814−0.017%$3K$5215xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BZUSDT0.0000%4h95.851+0.022%$333K$1.5M50xas long as short
Binance BZUSDT0.0000%4h95.827−0.003%$145.3M$481.8M100xas long as short
Bybit BZUSDT0.0000%8h95.820−0.010%$10.2M$16.7M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h95.820−0.010%$15.8M$27.7M50xas long as short
Gate BZ_USDT0.0000%8h95.780−0.052%$9.2M$18.0M100xas long as short
Bitget BZUSDT0.0000%4h95.8300.000%$27.4M$22.3M100xas long as short
Variational Omni BZ0.0000%4h95.806−0.025%$9.2M$8.4Mas long as short
SunX BRENTOIL-USDT0.0000%4h95.850+0.021%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h95.850+0.021%$102K$279K15xas long as short
HTX BRENTOIL-USDT0.0000%4h95.790−0.042%$305K$259K75xas long as short
Phemex XBRUSDT0.0000%4h95.900+0.073%$1.2M$100K100xas long as short
Aftermath Perps BRENTUSD+0.0010%1h95.811−0.019%$5K$45K5xas long as short
edgeX BZUSDCshort+0.0016%4h95.790−0.042%$219K$234K20x
Extended XBR-USD+0.0032%1h95.897+0.069%$670K$5.3M10xas long as short
BloFin BZ-USDT+0.0036%4h95.800−0.031%$1.5M$95K50xas long as short
Vest BZ-PERP+0.0046%1h100.22+4.581%$735K10xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h95.867+0.039%$1.5M$529K20xas long as short
KuCoin BZUSDTMlong+0.0100%4h95.830long leg$3.7M$1.0M50x
ApeX Omni BZUSDT+0.0100%1h95.790−0.042%$25K$270K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0556%1h95.843+0.014%$81K$244K20xas long as short