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+0.0027%/8h= +2.9% APRpaid last 24h −0.004%
Price spread now: Paradex against OKX−0.013%50s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BZ-USDT-SWAP96.2100get 0.0000% / 4h17m 57s$15.8M$26.5M50x
ShortParadex BZ-USD-PERP96.1970.0027get 0.0027% / 8h17m 57s$3K$5215x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against OKX. 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
$5.66
Price spread: −0.013% → 0.000%
−$1.31
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.65
Costs to cover
0.140%
Break-even
18.9 days
Slippage unknown: OKX: live order book, 1 min ago; Paradex: 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 OKX live order book, 1 min ago0.52 bp5.9 bp −$611.0 bp −$11024.7 bp −$2,466doesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h96.205−0.005%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.348−0.896%$8K$7K30xas long as short
Hotstuff BRENTOIL-PERP−0.0064%1h96.250+0.042%$33K20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.070−0.146%$232K$551K15xas long as short
RISEx BZ/USDC−0.0020%1h96.199−0.011%$2.2M$1.3M20xas long as short
Aster BZUSDT0.0000%4h96.2100.000%$334K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.204−0.006%$145.8M$453.5M100xas long as short
Bybit BZUSDT0.0000%8h96.220+0.010%$10.5M$16.1M100xas long as short
OKX BZ-USDT-SWAPlong0.0000%4h96.210long leg$15.8M$26.5M50x
Gate BZ_USDT0.0000%8h96.170−0.042%$9.2M$16.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h96.2100.000%$27.6M$20.4M100xas long as short
Variational Omni BZ0.0000%4h96.172−0.039%$9.3M$7.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.220+0.010%$34K$375K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.220+0.010%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.230+0.021%$103K$275K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.140−0.073%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.2100.000%$1.2M$94K100xas long as short
edgeX BZUSDC+0.0013%4h96.203−0.008%$220K$233K20xas long as short
Paradex BZ-USD-PERPshort+0.0027%8h96.197−0.013%$3K$5215x
BloFin BZ-USDT+0.0036%4h96.190−0.021%$1.5M$96K50xas long as short
Vest BZ-PERP+0.0046%1h99.800+3.731%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.246+0.037%$151.1M$144.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.264+0.056%$1.5M$527K20xas long as short
Aftermath Perps BRENTUSD+0.0076%1h96.270+0.062%$6K$45K5xas long as short
KuCoin BZUSDTM+0.0100%4h96.120−0.094%$3.8M$988K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.170−0.042%$25K$271K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h96.252+0.043%$83K$234K20xas long as short
Lighter BRENTOIL+0.0296%1h96.220+0.010%$3.3M$4.3M20xas long as short
Ondo Perps BRENT-USD.P+0.0398%1h96.180−0.031%$3.1M$1.1M15xas long as short
Extended XBR-USD+0.0584%1h96.120−0.093%$675K$5.2M10xas long as short