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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h +0.058%
Price spread now: RISEx against SunX+0.014%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.562% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.235%+$23 on $10k
Price spread, last 3 days (all we have)+0.146%+$15 · spread now +0.014%, 7d avg +0.016%
Together, before fees+0.381%+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.235%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BRENTOIL-USDT96.0900get 0.0000% / 4h1h 03m$4K$2.7M20x
ShortRISEx BZ/USDC96.103−0.0075pay 0.0009% / 1h3m 28s$2.2M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$15.71
Price spread: +0.014% → +0.016%
−$0.24
Slippage, 4 orders
−$42.23
Fee SunX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$72.18
Costs to cover
0.562%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; RISEx: live order book, just now.

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, 4 min ago18.74 bp22.7 bp −$2330.7 bp −$307doesn't fitdoesn't fit
Sell RISEx live order book, just now0.42 bp3.4 bp −$34.5 bp −$45doesn't fitdoesn'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
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.075−0.016%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.249−0.875%$8K$7K30xas long as short
RISEx BZ/USDCshort−0.0075%1h96.103+0.014%$2.2M$1.3M20x
Hotstuff BRENTOIL-PERP−0.0064%1h96.080−0.010%$33K20xas long as short
BloFin BZ-USDT−0.0028%4h96.030−0.062%$1.5M$95K50xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0016%1h96.050−0.042%$232K$607K15xas long as short
Aster BZUSDT0.0000%4h96.095+0.006%$334K$1.5M50xas long as short
Binance BZUSDT0.0000%4h96.124+0.035%$145.8M$470.1M100xas long as short
Bybit BZUSDT0.0000%8h96.130+0.042%$10.4M$15.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.0900.000%$15.8M$27.0M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h96.070−0.021%$9.2M$18.0M100xas long as short
Bitget BZUSDT0.0000%4h96.100+0.010%$27.4M$21.1M100xas long as short
Variational Omni BZ0.0000%4h96.022−0.071%$9.2M$8.2Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.049−0.043%$34K$388K25xas long as short
SunX BRENTOIL-USDTlong0.0000%4h96.090long leg$4K$2.7M20x
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.100+0.010%$103K$279K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.040−0.052%$306K$253K75xas long as short
Phemex XBRUSDT0.0000%4h96.070−0.021%$1.2M$96K100xas long as short
edgeX BZUSDC+0.0004%4h96.037−0.055%$220K$234K20xas long as short
Aftermath Perps BRENTUSD+0.0015%1h96.063−0.028%$6K$45K5xas long as short
Paradex BZ-USD-PERP+0.0024%8h96.094+0.004%$3K$5215xas long as short
Lighter BRENTOIL+0.0032%1h96.070−0.021%$3.3M$4.3M20xas long as short
Extended XBR-USD+0.0032%1h95.972−0.123%$670K$5.2M10xas long as short
Vest BZ-PERP+0.0046%1h100.36+4.444%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.135+0.047%$147.9M$145.7M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.165+0.078%$1.5M$529K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.020−0.073%$3.0M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h96.120+0.031%$3.8M$995K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.060−0.031%$25K$270K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0555%1h96.117+0.028%$81K$235K20xas long as short