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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.001%
Price spread now: Extended against Paradex+0.014%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 airdropParadex: Active · Extended: 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BZ-USD-PERP97.3170.0050pay 0.0050% / 8h3h 25m$3K$3365x
ShortExtended XBR-USD97.3310.0032get 0.0004% / 1h25m 37s$680K$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Paradex. 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
−$3.78
Price spread: +0.014% → 0.000%
$1.38
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.4
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Extended: live order book, 3 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 Paradex no order-book sample
Sell Extended live order book, 3 min ago0.72 bp3.8 bp −$413.0 bp −$130doesn't fitdoesn't fit
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%1h96.628−0.708%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.270−0.048%$233K$439K15xas long as short
BloFin BZ-USDT−0.0001%4h97.350+0.034%$1.5M$91K50xas long as short
Aster BZUSDT0.0000%4h97.343+0.027%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.320+0.003%$147.2M$367.2M100xas long as short
Bybit BZUSDT0.0000%8h97.300−0.018%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.300−0.018%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.308−0.009%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.290−0.028%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.310−0.007%$27.9M$16.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.297−0.021%$9.3M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.368+0.053%$29K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.370+0.054%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.320+0.003%$104K$246K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.240−0.079%$279K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.430+0.116%$1.2M$82K100xas long as short
edgeX BZUSDC+0.0007%4h97.347+0.031%$223K$226K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.856+0.554%as long as short
Vest BZ-PERP+0.0027%1h101.37+4.165%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.320+0.003%$3.2M$4.7M20xas long as short
Extended XBR-USDshort+0.0032%1h97.331+0.014%$680K$4.1M10x
Paradex BZ-USD-PERPlong+0.0050%8h97.317long leg$3K$3365x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.330+0.013%$153.7M$126.1M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.344+0.028%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.250−0.069%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.332+0.016%$82K$208K20xas long as short
Hotstuff BRENTOIL-PERP+0.0080%1h97.330+0.013%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.380+0.065%$3.8M$853K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.360+0.044%$26K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0102%1h97.368+0.052%$7K$43K5xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0254% / S −0.1336%1h97.315−0.002%$115K111xas long as short