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+0.0011%/8h= +1.2% APRpaid last 24h +0.003%
Price spread now: gTrade (Gains Network) against Variational Omni+0.614%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.614% dearer against Variational Omni than usual: you sell high and buy low: +$61 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BZ97.1670get 0.0000% / 4h23m 39s$9.4M$6.8M
ShortgTrade (Gains Network) BRENT/USD97.764L +0.0011% / S −0.0011%get 0.0001% / 1h23m 39s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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
$2.34
Price spread: +0.614% → 0.000%
$61.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$53.76
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 1 min ago2.62 bpdoesn't fit3.2 bp −$32doesn'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
Injective BRENT/USDC PERP−0.0220%1h96.571−0.613%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240+0.075%$234K$437K15xas long as short
Hotstuff BRENTOIL-PERP−0.0008%1h97.240+0.075%$34K20xas long as short
Aster BZUSDT0.0000%4h97.220+0.055%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.207+0.042%$147.0M$370.2M100xas long as short
Bybit BZUSDT0.0000%8h97.200+0.034%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.210+0.044%$16.1M$20.2M50xas long as short
RISEx BZ/USDC0.0000%1h97.206+0.040%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.160−0.007%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.220+0.055%$27.6M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZlong0.0000%4h97.167long leg$9.4M$6.8M
GRVT BZ_USDT_Perp0.0000%4h97.210+0.044%$28K$352K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.230+0.065%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.230+0.065%$104K$232K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.160−0.007%$279K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.330+0.168%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDshortL +0.0011% / S −0.0011%1h97.764+0.614%
edgeX BZUSDC+0.0015%4h97.193+0.027%$223K$227K20xas long as short
Lighter BRENTOIL+0.0032%1h97.220+0.055%$3.3M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.215+0.049%$680K$4.4M10xas long as short
Vest BZ-PERP+0.0032%1h101.24+4.192%$735K10xas long as short
BloFin BZ-USDT+0.0049%4h97.190+0.024%$1.5M$92K50xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.207+0.041%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.260+0.096%$153.3M$126.5M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.259+0.095%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.160−0.007%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.250+0.085%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.240+0.075%$25K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0104%1h97.281+0.118%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.213+0.048%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0201% / S −0.0074%1h97.205+0.039%$126K111xas long as short