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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.022%
Price spread now: Kraken Futures against Vest−4.073%7-day average −3.165% · 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)−0.337%−$34 on $10k
Price spread, last 4 days (all we have)+0.350%+$35 · spread now −4.073%, 7d avg −3.165%
Together, before fees+0.013%+ Points / potential airdropVest: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.908% cheaper against Vest than usual: you would sell low and buy high (spread −4.073% now, against its 7-day average of −3.165%). If the spread goes back, that is −$91 on $10k: about 20 days of funding at the current rate (+$4 a day). Mind the row above: over the last 3 days funding on this pair cost −0.337%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BZ-PERP101.830.0009pay 0.0001% / 1h15m 55s$735K10x
ShortKraken Futures PF_BRENTOILUSD97.6820.0158get 0.0020% / 1h15m 55s$82K$206K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$31.28
Price spread: −4.073% → −3.165%
−$90.82
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$71.54
Costs to cover
0.120%
Break-even
23.0 days
Slippage unknown: Vest: no order-book sample; Kraken Futures: live order book, 27 min ago. 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 Kraken Futures live order book, 27 min ago4.66 bp14.5 bp −$1429.4 bp −$294doesn't fitdoesn't fit
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 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%1h96.970−4.773%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.700−4.056%$237K$417K15xas long as short
Hotstuff BRENTOIL-PERP−0.0032%1h97.710−4.046%$34K20xas long as short
Aster BZUSDT0.0000%4h97.673−4.082%$340K$880K50xas long as short
Binance BZUSDT0.0000%4h97.672−4.084%$148.2M$350.9M100xas long as short
Bybit BZUSDT0.0000%8h97.660−4.095%$10.4M$13.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.680−4.075%$16.1M$19.7M50xas long as short
RISEx BZ/USDC0.0000%1h97.665−4.090%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.630−4.125%$9.3M$11.1M100xas long as short
Bitget BZUSDT0.0000%4h97.650−4.105%$27.8M$17.4M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.718−4.038%$9.4M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.664−4.091%$24K$305K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.710−4.046%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.670−4.085%$100K$252K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.660−4.095%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.700−4.056%$1.2M$86K100xas long as short
edgeX BZUSDC+0.0004%4h97.673−4.083%$225K$228K20xas long as short
Vest BZ-PERPlong+0.0009%1h101.83long leg$735K10x
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.278−3.489%as long as short
Lighter BRENTOIL+0.0032%1h97.670−4.085%$3.3M$4.1M20xas long as short
Extended XBR-USD+0.0032%1h97.668−4.087%$683K$3.2M10xas long as short
BloFin BZ-USDT+0.0048%4h97.760−3.997%$1.5M$97K50xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.701−4.055%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.677−4.078%$155.1M$115.8M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.718−4.038%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.660−4.095%$3.1M$1.0M15xas long as short
Aftermath Perps BRENTUSD+0.0090%1h97.725−4.031%$7K$41K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.650−4.105%$3.8M$814K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.740−4.016%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSDshort+0.0158%1h97.682−4.073%$82K$206K20x
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.695−4.061%$116K111xas long as short