Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.038%

Price spread now: Vest against Paradex+4.195%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Vest: 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: Vest is 4.195% dearer against Paradex than usual: you sell high and buy low, +$419 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BZ-USD-PERP	96.694	0.0046	pay 0.0046% / 8h	7h 04m	$3K	$521	5x
Short	Vest BZ-PERP	100.75	0.0046	get 0.0006% / 1h	4m 18s	—	$735K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee ParadexbpFee VestbpOrdersPrice spread, now +4.195%Rate

Funding earned: −$0.03
Price spread: +4.195% → 0.000%: $419.46
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Vest: 1 bp × 2 orders: −$2
Net: $413.43
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Paradex and Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	95.731	−0.996%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	−0.046%	$234K	$440K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0088%	1h	96.730	+0.037%	$33K	—	20x	as long as short
BloFin BZ-USDT	−0.0002%	4h	96.720	+0.027%	$1.5M	$91K	50x	as long as short
Aster BZUSDT	0.0000%	4h	96.716	+0.023%	$336K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.713	+0.020%	$145.8M	$403.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.690	−0.004%	$10.4M	$15.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.700	+0.006%	$15.9M	$24.2M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.699	+0.005%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.660	−0.035%	$9.2M	$14.4M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	96.710	+0.016%	$27.6M	$17.9M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.687	−0.007%	$9.3M	$7.4M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.668	−0.027%	$24K	$366K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.730	+0.037%	$4K	$2.6M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.730	+0.037%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.660	−0.035%	$308K	$222K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.700	+0.006%	$1.2M	$93K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.240	+0.564%	—	—	—	as long as short
edgeX BZUSDC	+0.0012%	4h	96.613	−0.084%	$221K	$233K	20x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0020%	1h	96.734	+0.041%	$83K	$220K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.710	+0.016%	$3.4M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.711	+0.018%	$722K	$5.3M	10x	as long as short
Ondo Perps BRENT-USD.P	+0.0043%	1h	96.660	−0.035%	$3.1M	$1.1M	15x	as long as short
Vest BZ-PERPshort	+0.0046%	1h	100.75	+4.195%	—	$735K	10x
Paradex BZ-USD-PERPlong	+0.0046%	8h	96.694	long leg	$3K	$521	5x
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.724	+0.031%	$151.7M	$138.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.754	+0.062%	$1.5M	$506K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.730	+0.037%	$3.8M	$930K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.630	−0.066%	$25K	$272K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0200% / S +0.0124%	1h	96.705	+0.011%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0336%	1h	96.695	0.000%	$7K	$44K	5x	as long as short