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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.50 per $10,000 · paid last 24h −0.013%
Price spread now: Gate against Paradex−0.059%7-day average · you buy dearer than you sell
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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.059% cheaper against Paradex than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BZ-USD-PERP97.3080.0050pay 0.0050% / 8h4h 41m$3K$3365x
ShortGate BZ_USDT97.2500get 0.0000% / 8h4h 41m$9.2M$12.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$10.47
Price spread: −0.059% → 0.000%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$35.38
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago1.03 bp10.3 bp −$1019.6 bp −$19630.0 bp −$2,99942.1 bp −$21.1K
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%1h96.376−0.957%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240−0.069%$234K$437K15xas long as short
BloFin BZ-USDT−0.0012%4h97.330+0.023%$1.5M$92K50xas long as short
Aster BZUSDT0.0000%4h97.289−0.019%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.314+0.007%$147.1M$371.2M100xas long as short
Bybit BZUSDT0.0000%8h97.290−0.018%$10.4M$13.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.280−0.028%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.301−0.007%$2.2M$1.4M20xas long as short
Gate BZ_USDTshort0.0000%8h97.250−0.059%$9.2M$12.2M100x
Bitget BZUSDT0.0000%4h97.320+0.013%$27.5M$16.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.257−0.052%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.295−0.013%$28K$352K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.340+0.033%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.330+0.023%$104K$236K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.290−0.018%$279K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.330+0.023%$1.2M$85K100xas long as short
edgeX BZUSDC+0.0001%4h97.311+0.004%$223K$226K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.869+0.577%as long as short
Lighter BRENTOIL+0.0032%1h97.320+0.013%$3.3M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.336+0.029%$678K$4.5M10xas long as short
Vest BZ-PERP+0.0035%1h101.35+4.154%$735K10xas long as short
Paradex BZ-USD-PERPlong+0.0050%8h97.308long leg$3K$3365x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.336+0.029%$153.0M$125.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.373+0.067%$1.6M$494K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.280−0.028%$3.1M$1.1M15xas long as short
Hotstuff BRENTOIL-PERP+0.0072%1h97.330+0.023%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.330+0.023%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.320+0.013%$26K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0102%1h97.314+0.007%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.343+0.037%$84K$207K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0190% / S +0.0009%1h97.325+0.018%$126K111xas long as short