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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h −0.043%
Price spread now: Paradex against RISEx+0.005%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 3 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
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
LongRISEx BZ/USDC96.195−0.0020get 0.0003% / 1h14m 37s$2.2M$1.3M20x
ShortParadex BZ-USD-PERP96.1990.0029get 0.0029% / 8h14m 37s$3K$5215x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$10.32
Price spread: +0.005% → 0.000%
$0.47
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
$0.78
Costs to cover
0.100%
Break-even
6.5 days
Slippage unknown: RISEx: live order book, 4 min ago; Paradex: 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, 4 min ago1.04 bp4.0 bp −$46.2 bp −$62doesn't fitdoesn't fit
Sell Paradex no order-book sample
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 30 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
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.205+0.011%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.484−0.739%$8K$7K30xas long as short
Hotstuff BRENTOIL-PERP−0.0072%1h96.250+0.057%$33K20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0062%1h96.230+0.037%$103K$275K15xas long as short
BloFin BZ-USDT−0.0050%4h96.190−0.005%$1.5M$96K50xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.070−0.130%$232K$551K15xas long as short
RISEx BZ/USDClong−0.0020%1h96.195long leg$2.2M$1.3M20x
Aster BZUSDT0.0000%4h96.210+0.016%$334K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.204+0.010%$145.8M$452.9M100xas long as short
Bybit BZUSDT0.0000%8h96.210+0.016%$10.5M$16.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BZ-USDT-SWAP0.0000%4h96.190−0.005%$15.8M$26.5M50xas long as short
Gate BZ_USDT0.0000%8h96.170−0.026%$9.2M$16.4M100xas long as short
Bitget BZUSDT0.0000%4h96.200+0.005%$27.6M$20.4M100xas long as short
Variational Omni BZ0.0000%4h96.181−0.014%$9.3M$7.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.206+0.012%$34K$375K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.230+0.037%$4K$2.7M20xas long as short
HTX BRENTOIL-USDT0.0000%4h96.140−0.057%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.200+0.005%$1.2M$94K100xas long as short
edgeX BZUSDC+0.0010%4h96.183−0.013%$220K$234K20xas long as short
Paradex BZ-USD-PERPshort+0.0029%8h96.199+0.005%$3K$5215x
Vest BZ-PERP+0.0046%1h99.830+3.779%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.251+0.058%$151.1M$144.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.261+0.069%$1.5M$525K20xas long as short
Aftermath Perps BRENTUSD+0.0081%1h96.270+0.078%$6K$44K5xas long as short
KuCoin BZUSDTM+0.0100%4h96.120−0.078%$3.8M$988K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.210+0.016%$25K$271K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h96.251+0.059%$83K$234K20xas long as short
Lighter BRENTOIL+0.0288%1h96.230+0.037%$3.3M$4.3M20xas long as short
Ondo Perps BRENT-USD.P+0.0405%1h96.180−0.015%$3.1M$1.1M15xas long as short
Extended XBR-USD+0.0576%1h96.129−0.068%$675K$5.2M10xas long as short