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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0082%/8h= +8.9% APRpaid last 24h −0.020%
Price spread now: Aster against Ondo Perps+0.080%7-day average +0.082% · 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 7 days−0.091%−$9 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.080%, 7d avg +0.082%
Together, before fees−0.144%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BRENT-USD.P97.220−0.0082get 0.0010% / 1h49m 57s$3.1M$991K15x
ShortAster BZUSDT97.2980get 0.0000% / 4h3h 49m$338K$860K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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
$17.14
Price spread: +0.080% → +0.082%
−$0.23
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
$3.91
Costs to cover
0.130%
Break-even
5.4 days
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 53 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 Ondo Perps no order-book sample
Sell Aster live order book, 53 min ago2.05 bp6.1 bp −$611.0 bp −$11082.8 bp −$8,284doesn't fit
Ondo Perps: 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%1h96.342−0.903%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0161%1h97.300+0.082%$100K$259K15xas long as short
Ondo Perps BRENT-USD.Plong−0.0082%1h97.220long leg$3.1M$991K15x
GRVT BZ_USDT_Perp−0.0074%4h97.238+0.019%$14K$332K25xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.267%$237K$402K15xas long as short
RISEx BZ/USDC−0.0039%1h97.252+0.033%$2.4M$1.7M20xas long as short
Bybit BZUSDT−0.0011%8h97.290+0.072%$10.3M$13.4M100xas long as short
Kraken Futures PF_BRENTOILUSD−0.0002%1h97.313+0.095%$82K$200K20xas long as short
Aster BZUSDTshort0.0000%4h97.298+0.080%$338K$860K50x
Binance BZUSDT0.0000%4h97.290+0.072%$148.7M$352.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BZ-USDT-SWAP0.0000%4h97.270+0.051%$16.1M$19.8M50xas long as short
Gate BZ_USDT0.0000%8h97.240+0.021%$9.2M$10.3M100xas long as short
Bitget BZUSDT0.0000%4h97.310+0.093%$27.9M$18.7M100xas long as short
Variational Omni BZ0.0000%4h97.269+0.050%$9.4M$6.2Mas long as short
SunX BRENTOIL-USDT0.0000%4h97.310+0.093%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.210−0.010%$279K$251K75xas long as short
Phemex XBRUSDT0.0000%4h97.420+0.206%$1.2M$85K100xas long as short
Vest BZ-PERP+0.0010%1h101.28+4.176%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.840+0.638%as long as short
BloFin BZ-USDT+0.0014%4h97.310+0.093%$1.5M$99K50xas long as short
edgeX BZUSDC+0.0015%4h97.204−0.016%$223K$229K20xas long as short
Lighter BRENTOIL+0.0032%1h97.280+0.062%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.313+0.096%$747K$2.8M10xas long as short
Paradex BZ-USD-PERP+0.0049%8h97.271+0.052%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.309+0.092%$155.4M$115.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.310+0.093%$1.6M$395K20xas long as short
Hotstuff BRENTOIL-PERP+0.0056%1h97.350+0.134%$34K20xas long as short
Aftermath Perps BRENTUSD+0.0079%1h97.319+0.102%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.280+0.062%$3.8M$798K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.280+0.062%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.305+0.087%$115K111xas long as short