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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against SunX−0.022%46s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.778% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.022%, 7d avg −0.038%
Together, before fees+0.099%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BRENTOIL-USDT96.7700get 0.0000% / 4h2h 21m$4K$2.5M20x
ShortedgeX BZUSDC96.7490.0008get 0.0004% / 4h2h 21m$222K$227K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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
$1.59
Price spread: −0.022% → −0.038%
$1.65
Slippage, 4 orders
−$60.81
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$74.57
Costs to cover
0.778%
Break-even
335.8 days
Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago18.59 bp22.6 bp −$2330.7 bp −$307doesn't fitdoesn't fit
Sell edgeX live order book, 46 min ago9.83 bp14.4 bp −$1416.5 bp −$16564.4 bp −$6,443doesn't fit

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
Injective BRENT/USDC PERP−0.0220%1h96.070−0.723%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0136%1h96.810+0.041%$234K$426K15xas long as short
Aster BZUSDT0.0000%4h96.779+0.009%$336K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.7700.000%$146.3M$379.8M100xas long as short
Bybit BZUSDT0.0000%8h96.750−0.021%$10.3M$13.8M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.7700.000%$15.9M$21.7M50xas long as short
RISEx BZ/USDC0.0000%1h96.762−0.008%$2.2M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.720−0.052%$9.2M$12.8M100xas long as short
Bitget BZUSDT0.0000%4h96.7700.000%$27.6M$16.2M100xas long as short
Variational Omni BZ0.0000%4h96.749−0.022%$9.3M$7.1Mas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h96.764−0.006%$24K$341K25xas long as short
SunX BRENTOIL-USDTlong0.0000%4h96.770long leg$4K$2.5M20x
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.800+0.031%$103K$271K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.730−0.041%$277K$269K75xas long as short
Phemex XBRUSDT0.0000%4h96.760−0.010%$1.2M$83K100xas long as short
edgeX BZUSDCshort+0.0008%4h96.749−0.022%$222K$227K20x
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.300+0.548%as long as short
Hotstuff BRENTOIL-PERP+0.0016%1h96.790+0.021%$33K20xas long as short
Lighter BRENTOIL+0.0032%1h96.7700.000%$3.3M$4.5M20xas long as short
Extended XBR-USD+0.0032%1h96.784+0.014%$673K$5.1M10xas long as short
Vest BZ-PERP+0.0046%1h100.81+4.175%$735K10xas long as short
Paradex BZ-USD-PERP+0.0048%8h96.772+0.002%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.782+0.012%$151.6M$127.7M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.830+0.062%$1.5M$470K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.740−0.031%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h96.830+0.062%$3.8M$891K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.7700.000%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0207% / S +0.0088%1h96.765−0.005%$126K111xas long as short
Aftermath Perps BRENTUSD+0.0247%1h96.792+0.023%$8K$44K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0253%1h96.776+0.006%$83K$218K20xas long as short