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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.005%
Price spread now: gTrade (Gains Network) against RISEx+0.632%47s7-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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.632% dearer against RISEx than usual: you sell high and buy low: +$63 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BZ/USDC96.789−0.0039get 0.0005% / 1h17m 25s$2.4M$1.8M20x
ShortgTrade (Gains Network) BRENT/USD97.400L +0.0011% / S −0.0011%get 0.0001% / 1h17m 25s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against RISEx. 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
$10.44
Price spread: +0.632% → 0.000%
$63.2
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$57.64
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: RISEx: live order book, 1 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 1 min ago0.88 bp3.9 bp −$44.6 bp −$46doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
Deribit BRENTOIL_USDC-PERPETUAL−0.0266%1h96.840+0.053%$99K$268K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−0.461%$8K$7K30xas long as short
GRVT BZ_USDT_Perp−0.0094%4h96.917+0.133%$13K$327K25xas long as short
Ondo Perps BRENT-USD.P−0.0086%1h96.750−0.040%$3.1M$1.0M15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h96.870+0.084%$287K$494K15xas long as short
RISEx BZ/USDClong−0.0039%1h96.789long leg$2.4M$1.8M20x
Kraken Futures PF_BRENTOILUSD−0.0002%1h96.860+0.074%$81K$202K20xas long as short
Aster BZUSDT0.0000%4h96.892+0.107%$336K$707K50xas long as short
Binance BZUSDT0.0000%4h96.850+0.063%$147.6M$359.6M100xas long as short
Bybit BZUSDT0.0000%8h96.850+0.063%$10.2M$13.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BZ-USDT-SWAP0.0000%4h96.830+0.043%$16.2M$20.4M50xas long as short
Gate BZ_USDT0.0000%8h96.810+0.022%$9.2M$10.8M100xas long as short
Bitget BZUSDT0.0000%4h96.840+0.053%$27.9M$19.4M100xas long as short
Variational Omni BZ0.0000%4h97.031+0.250%$9.4M$6.1Mas long as short
SunX BRENTOIL-USDT0.0000%4h96.850+0.063%$4K$2.2M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.000+0.218%$278K$251K75xas long as short
Phemex XBRUSDT0.0000%4h96.970+0.187%$1.2M$81K100xas long as short
Vest BZ-PERP+0.0007%1h100.72+4.062%$735K10xas long as short
gTrade (Gains Network) BRENT/USDshortL +0.0011% / S −0.0011%1h97.400+0.632%
edgeX BZUSDC+0.0019%4h96.945+0.161%$224K$230K20xas long as short
Lighter BRENTOIL+0.0032%1h96.820+0.032%$3.4M$4.4M20xas long as short
Extended XBR-USD+0.0032%1h96.872+0.086%$749K$2.6M10xas long as short
Paradex BZ-USD-PERP+0.0042%8h96.829+0.041%$2K$1K5xas long as short
BloFin BZ-USDT+0.0050%4h96.900+0.115%$1.5M$101K50xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.860+0.074%$153.4M$117.8M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.850+0.063%$1.6M$336K20xas long as short
Aftermath Perps BRENTUSD+0.0056%1h97.072+0.293%$7K$39K5xas long as short
KuCoin BZUSDTM+0.0100%4h96.820+0.032%$3.7M$949K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.110+0.332%$25K$273K50xas long as short
Hotstuff BRENTOIL-PERP+0.0128%1h96.830+0.043%$33K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0326% / S −0.2771%1h96.845+0.058%$115K111xas long as short