Settings8H · net · $10k
Funding arb · Price arb /

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against OKX0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$600.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now 0.000%, 7d avg +0.020%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BZ-USDT-SWAP97.4300get 0.0000% / 4h8m 08s$16.1M$19.6M50x
ShortSunX BRENTOIL-USDT97.4300get 0.0000% / 4h8m 08s$4K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: 0.000% → +0.020%
−$1.95
Slippage, 4 orders
−$42.17
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$62.12
Costs to cover
0.602%
Break-even
never at this rate
Slippage from OKX: live order book, just now; SunX: live order book, 9 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 OKX live order book, just now0.51 bp5.5 bp −$610.5 bp −$10526.7 bp −$2,667doesn't fit
Sell SunX live order book, 9 min ago18.02 bp26.7 bp −$2735.2 bp −$352doesn'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
Deribit BRENTOIL_USDC-PERPETUAL−0.0263%1h97.460+0.031%$100K$256K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−1.117%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.051%$237K$402K15xas long as short
Ondo Perps BRENT-USD.P−0.0014%1h97.360−0.072%$3.1M$1.0M15xas long as short
Aster BZUSDT0.0000%4h97.470+0.041%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.466+0.037%$148.7M$351.1M100xas long as short
Bybit BZUSDT0.0000%8h97.440+0.010%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAPlong0.0000%4h97.430long leg$16.1M$19.6M50x
RISEx BZ/USDC0.0000%1h97.398−0.032%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.410−0.021%$9.2M$11.2M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.470+0.041%$28.0M$18.5M100xas long as short
Variational Omni BZ0.0000%4h97.183−0.254%$9.4M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.187−0.249%$14K$332K25xas long as short
SunX BRENTOIL-USDTshort0.0000%4h97.4300.000%$4K$2.4M20x
HTX BRENTOIL-USDT0.0000%4h97.4300.000%$280K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.450+0.021%$1.2M$86K100xas long as short
Vest BZ-PERP+0.0010%1h101.48+4.157%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.043+0.630%as long as short
edgeX BZUSDC+0.0020%4h97.166−0.271%$223K$228K20xas long as short
BloFin BZ-USDT+0.0022%4h97.410−0.021%$1.5M$99K50xas long as short
Lighter BRENTOIL+0.0032%1h97.460+0.031%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.503+0.075%$737K$2.9M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.421−0.010%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.474+0.045%$155.8M$114.8M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.496+0.068%$1.6M$398K20xas long as short
Aftermath Perps BRENTUSD+0.0082%1h97.226−0.210%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.450+0.021%$3.8M$801K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.230−0.205%$25K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.480+0.051%$82K$200K20xas long as short
Hotstuff BRENTOIL-PERP+0.0120%1h97.4300.000%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.455+0.026%$116K111xas long as short