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−0.0100%/8h= −10.9% APRnext payment $0.50 per $10,000 · paid last 24h −0.029%
Price spread now: SunX against KuCoin−0.041%7-day average −0.001% · you buy dearer than you sell
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 7 days−0.199%−$20 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.041%, 7d avg −0.001%
Together, before fees−0.300%−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BZUSDTM97.0700.0100pay 0.0050% / 4h13m 20s$3.8M$871K50x
ShortSunX BRENTOIL-USDT97.0300get 0.0000% / 4h13m 20s$4K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$21
Price spread: −0.041% → −0.001%
−$3.98
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$44.98
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; SunX: live order book, 4 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 KuCoin live order book, 4 min ago0.51 bp11.4 bp −$1140.6 bp −$406doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago254.17 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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%1h96.433−0.656%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240+0.175%$234K$436K15xas long as short
BloFin BZ-USDT−0.0029%4h97.030−0.041%$1.5M$92K50xas long as short
Aster BZUSDT0.0000%4h97.049−0.022%$337K$954K50xas long as short
Binance BZUSDT0.0000%4h97.025−0.046%$147.0M$369.7M100xas long as short
Bybit BZUSDT0.0000%8h97.010−0.062%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.020−0.052%$16.0M$20.3M50xas long as short
RISEx BZ/USDC0.0000%1h97.032−0.039%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h96.980−0.093%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.030−0.041%$27.6M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.168+0.101%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.140+0.072%$29K$346K25xas long as short
SunX BRENTOIL-USDTshort0.0000%4h97.030−0.041%$4K$2.5M20x
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.030−0.041%$103K$234K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.010−0.062%$278K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.260+0.196%$1.2M$84K100xas long as short
edgeX BZUSDC+0.0005%4h97.138+0.070%$223K$228K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.571+0.516%as long as short
Vest BZ-PERP+0.0031%1h101.08+4.131%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.040−0.031%$3.2M$4.8M20xas long as short
Extended XBR-USD+0.0032%1h97.029−0.042%$680K$4.3M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.041−0.030%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.059−0.011%$153.1M$127.1M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.080+0.010%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.010−0.062%$3.1M$1.1M15xas long as short
KuCoin BZUSDTMlong+0.0100%4h97.070long leg$3.8M$871K50x
ApeX Omni BZUSDT+0.0100%1h97.170+0.103%$25K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0127%1h97.157+0.089%$7K$43K5xas long as short
Hotstuff BRENTOIL-PERP+0.0136%1h97.100+0.031%$33K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0143%1h97.031−0.041%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0211% / S −0.0138%1h97.020−0.052%$126K111xas long as short