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

BZ

RWAall BZ markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: SunX against Ondo Perps+0.123%7-day average +0.065% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Ondo PerpsShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.123%, 7d avg +0.065%
Together, before fees−0.261%+ Points / potential airdropOndo Perps: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.058% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of +0.065%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BRENT-USD.P97.4500.0050pay 0.0006% / 1h1m 13s$3.1M$993K15x
ShortSunX BRENTOIL-USDT97.5700get 0.0000% / 4h1h 01m$4K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.58
Price spread: +0.123% → +0.065%
$5.84
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$17.74
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago17.43 bp26.1 bp −$2635.2 bp −$352doesn't fitdoesn'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%1h96.970−0.493%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.700+0.257%$237K$417K15xas long as short
BloFin BZ-USDT−0.0009%4h97.550+0.103%$1.5M$96K50xas long as short
Aster BZUSDT0.0000%4h97.553+0.105%$339K$880K50xas long as short
Binance BZUSDT0.0000%4h97.550+0.103%$148.4M$352.7M100xas long as short
Bybit BZUSDT0.0000%8h97.510+0.062%$10.4M$13.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.550+0.103%$16.1M$19.7M50xas long as short
RISEx BZ/USDC0.0000%1h97.523+0.075%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.490+0.041%$9.3M$11.3M100xas long as short
Bitget BZUSDT0.0000%4h97.530+0.082%$27.8M$17.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.528+0.080%$9.4M$6.9M—as long as short
GRVT BZ_USDT_Perp0.0000%4h97.483+0.034%$30K$315K25xas long as short
SunX BRENTOIL-USDTshort0.0000%4h97.570+0.123%$4K$2.4M20x
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.530+0.082%$100K$252K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.480+0.031%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.650+0.205%$1.2M$87K100xas long as short
Vest BZ-PERP+0.0008%1h101.72+4.382%—$735K10xas long as short
edgeX BZUSDC+0.0009%4h97.479+0.029%$225K$228K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.092+0.659%———as long as short
Lighter BRENTOIL+0.0032%1h97.540+0.092%$3.3M$4.1M20xas long as short
Extended XBR-USD+0.0032%1h97.541+0.093%$717K$3.2M10xas long as short
Hotstuff BRENTOIL-PERP+0.0040%1h97.510+0.062%$34K—20xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.521+0.073%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.548+0.101%$155.2M$115.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.584+0.138%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.Plong+0.0050%1h97.450long leg$3.1M$993K15x
KuCoin BZUSDTM+0.0100%4h97.520+0.072%$3.8M$812K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.510+0.062%$26K$273K50xas long as short
Aftermath Perps BRENTUSD+0.0109%1h97.554+0.107%$7K$41K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0158%1h97.559+0.112%$82K$204K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.525+0.077%$116K—111xas long as short