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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Paradex against Ondo Perps+0.072%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.072% dearer against Ondo Perps than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BRENT-USD.P97.4800.0050pay 0.0006% / 1h13m 27s$3.1M$1.0M15x
ShortParadex BZ-USD-PERP97.5500.0050get 0.0050% / 8h1h 13m$3K$3365x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.08
Price spread: +0.072% → 0.000%
$7.18
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$1.91
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Paradex no order-book sample
Ondo Perps and 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 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%1h96.970−0.523%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.700+0.226%$237K$417K15xas long as short
Aster BZUSDT0.0000%4h97.509+0.030%$339K$880K50xas long as short
Binance BZUSDT0.0000%4h97.510+0.031%$147.9M$352.3M100xas long as short
Bybit BZUSDT0.0000%8h97.4800.000%$10.4M$13.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.510+0.031%$16.1M$19.7M50xas long as short
RISEx BZ/USDC0.0000%1h97.521+0.042%$2.4M$1.7M20xas long as short
Hotstuff BRENTOIL-PERP0.0000%1h97.610+0.133%$34K20xas long as short
Gate BZ_USDT0.0000%8h97.470−0.010%$9.3M$11.2M100xas long as short
Bitget BZUSDT0.0000%4h97.510+0.031%$27.8M$17.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.658+0.183%$9.4M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.598+0.121%$30K$316K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.640+0.164%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.540+0.062%$100K$252K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.660+0.185%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.570+0.092%$1.2M$86K100xas long as short
BloFin BZ-USDT+0.0002%4h97.610+0.133%$1.5M$96K50xas long as short
edgeX BZUSDC+0.0008%4h97.617+0.141%$225K$229K20xas long as short
Vest BZ-PERP+0.0009%1h101.67+4.298%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.096+0.632%as long as short
Lighter BRENTOIL+0.0032%1h97.550+0.072%$3.3M$4.1M20xas long as short
Extended XBR-USD+0.0032%1h97.546+0.068%$683K$3.2M10xas long as short
Paradex BZ-USD-PERPshort+0.0050%8h97.550+0.072%$3K$3365x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.520+0.041%$154.9M$116.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.564+0.086%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.Plong+0.0050%1h97.480long leg$3.1M$1.0M15x
Aftermath Perps BRENTUSD+0.0100%1h97.655+0.180%$7K$41K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.540+0.062%$3.8M$813K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.610+0.133%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0158%1h97.561+0.084%$82K$205K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.505+0.026%$116K111xas long as short