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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0247%/8h= −27.1% APRnext payment $0.31 per $10,000 · paid last 24h −0.052%
Price spread now: Injective against Vest−4.716%7-day average · you buy dearer than you sell
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 airdropVest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 4.716% cheaper against Vest than usual: you would sell low and buy high (−$472 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BZ-PERP101.410.0027pay 0.0003% / 1h26m 45s$735K10x
ShortInjective BRENT/USDC PERP96.628−0.0220pay 0.0028% / 1h26m 45s$8K$7K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Vest. 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
−$51.95
Price spread: −4.716% → 0.000%
−$471.55
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$525.52
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Injective: 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 Vest no order-book sample
Sell Injective no order-book sample
Vest and Injective: 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 PERPshort−0.0220%1h96.628−4.716%$8K$7K30x
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.270−4.082%$233K$439K15xas long as short
BloFin BZ-USDT−0.0001%4h97.350−4.004%$1.5M$91K50xas long as short
Aster BZUSDT0.0000%4h97.360−3.994%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.350−4.004%$147.3M$367.1M100xas long as short
Bybit BZUSDT0.0000%8h97.350−4.004%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.280−4.073%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.320−4.033%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.320−4.033%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.290−4.063%$27.9M$16.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.338−4.015%$9.3M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.368−3.985%$29K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.380−3.974%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.360−3.994%$104K$245K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.320−4.033%$279K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.450−3.905%$1.2M$82K100xas long as short
edgeX BZUSDC+0.0007%4h97.347−4.006%$223K$226K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.903−3.458%as long as short
Vest BZ-PERPlong+0.0027%1h101.41long leg$735K10x
Lighter BRENTOIL+0.0032%1h97.350−4.004%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.293−4.060%$680K$4.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.339−4.014%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.363−3.991%$153.8M$126.1M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.402−3.952%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.300−4.053%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.388−3.966%$82K$208K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.410−3.944%$3.8M$853K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.360−3.994%$26K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0104%1h97.375−3.979%$7K$43K5xas long as short
Hotstuff BRENTOIL-PERP+0.0104%1h97.360−3.994%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0253% / S −0.1313%1h97.355−3.999%$115K111xas long as short