Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.032%

Price spread now: Vest against SunX+4.208%7-day average +3.053% · you sell dearer than you buy

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

Long on SunX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.016%−$2 on $10k

Price spread, last 3 days (all we have)−0.381%−$38 · spread now +4.208%, 7d avg +3.053%

Together, before fees−0.397%+ Points / potential airdropVest: Active · farm board−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 1.155% dearer against SunX than usual: you sell high and buy low: +$115 more if the spread goes back to its 7-day average of +3.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BRENTOIL-USDT	96.010	0	get 0.0000% / 4h	2h 04m	$4K	$2.7M	20x
Short	Vest BZ-PERP	100.05	0.0046	get 0.0006% / 1h	4m 08s	—	$735K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee SunXbpFee VestbpOrdersPrice spread, now +4.208%Rate

Funding earned: $9.59
Price spread: +4.208% → +3.053%: $115.49
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $115.09
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: SunX: live order book, 3 min ago; 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 SunX live order book, 3 min ago	18.76 bp	22.8 bp −$23	30.7 bp −$307	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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 30 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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0769% / S +0.0476%	1h	95.985	−0.026%	$114K	—	29x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.923	−0.091%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0112%	1h	96.050	+0.042%	$232K	$859K	15x	as long as short
BloFin BZ-USDT	−0.0054%	4h	95.950	−0.062%	$1.5M	$96K	50x	as long as short
Paradex BZ-USD-PERP	−0.0003%	8h	95.979	−0.033%	$3K	$521	5x	as long as short
Aster BZUSDT	0.0000%	4h	95.949	−0.063%	$334K	$1.5M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.000	−0.010%	$145.7M	$491.2M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	95.980	−0.031%	$10.2M	$17.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.980	−0.031%	$15.8M	$30.0M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	95.975	−0.037%	$2.2M	$1.3M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff BRENTOIL-PERP	0.0000%	1h	96.000	−0.010%	$33K	—	20x	as long as short
Gate BZ_USDT	0.0000%	8h	95.960	−0.052%	$9.2M	$19.2M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.020	+0.010%	$27.5M	$24.0M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.971	−0.041%	$9.2M	$10.7M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	95.894	−0.121%	$34K	$396K	25x	as long as short
SunX BRENTOIL-USDTlong	0.0000%	4h	96.010	long leg	$4K	$2.7M	20x
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.040	+0.031%	$102K	$279K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.920	−0.094%	$318K	$233K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.990	−0.021%	$1.2M	$101K	100x	as long as short
edgeX BZUSDC	+0.0012%	4h	95.895	−0.120%	$219K	$233K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.000	−0.010%	$3.3M	$4.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.006	−0.005%	$669K	$5.2M	10x	as long as short
Vest BZ-PERPshort	+0.0046%	1h	100.05	+4.208%	—	$735K	10x
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.001	−0.009%	$148.0M	$148.3M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.025	+0.016%	$1.5M	$540K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	95.930	−0.083%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.880	−0.135%	$3.8M	$1.0M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.010	0.000%	$25K	$270K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	96.011	+0.001%	$81K	$258K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0202%	1h	95.932	−0.081%	$6K	$45K	5x	as long as short