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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: tradeXYZ against Paradex+0.039%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 · tradeXYZ: 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: tradeXYZ is 0.039% dearer against Paradex than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BZ-USD-PERP97.2260.0050pay 0.0050% / 8h34m 03s$2K$1K5x
ShorttradeXYZ xyz:BRENTOIL97.2640.0050get 0.0006% / 1h34m 03s$155.0M$114.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$0.02
Price spread: +0.039% → 0.000%
$3.93
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$18.05
Costs to cover
0.220%
Break-even
7924.5 days
Slippage unknown: Paradex: no order-book sample; tradeXYZ: 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 Paradex no order-book sample
Sell tradeXYZ live order book, 6 min ago0.05 bp10.0 bp −$1010.7 bp −$107doesn'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%1h96.605−0.638%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.160−0.068%$236K$412K15xas long as short
Hotstuff BRENTOIL-PERP−0.0032%1h97.250+0.025%$34K20xas long as short
Aster BZUSDT0.0000%4h97.262+0.037%$338K$860K50xas long as short
Binance BZUSDT0.0000%4h97.250+0.025%$149.2M$352.9M100xas long as short
Bybit BZUSDT0.0000%8h97.230+0.004%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.250+0.025%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.211−0.015%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.200−0.027%$9.2M$10.9M100xas long as short
Bitget BZUSDT0.0000%4h97.210−0.016%$27.8M$18.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.286+0.062%$9.5M$6.5Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.360+0.138%$18K$330K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.220−0.006%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.180−0.047%$100K$254K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.140−0.088%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.480+0.261%$1.2M$87K100xas long as short
Vest BZ-PERP+0.0008%1h101.29+4.180%$735K10xas long as short
edgeX BZUSDC+0.0011%4h97.311+0.088%$224K$228K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.733+0.521%as long as short
Ondo Perps BRENT-USD.P+0.0028%1h97.130−0.099%$3.1M$997K15xas long as short
Lighter BRENTOIL+0.0032%1h97.210−0.016%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.185−0.042%$738K$3.1M10xas long as short
Paradex BZ-USD-PERPlong+0.0050%8h97.226long leg$2K$1K5x
tradeXYZ xyz:BRENTOILshort+0.0050%1h97.264+0.039%$155.0M$114.7M20x
Polymarket Perps BRENTOIL-USD+0.0050%1h97.2260.000%$1.6M$405K20xas long as short
BloFin BZ-USDT+0.0050%4h97.190−0.037%$1.5M$98K50xas long as short
Aftermath Perps BRENTUSD+0.0094%1h97.327+0.104%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.220−0.006%$3.8M$802K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.330+0.107%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.212−0.014%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.235+0.009%$115K111xas long as short