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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0133%/8h= −14.6% APRnext payment $0.17 per $10,000 · paid last 24h −0.007%
Price spread now: Extended against Aftermath Perps+0.062%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Extended is 0.062% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD96.9310.0165pay 0.0021% / 1h27m 25s$7K$43K5x
ShortExtended XBR-USD96.9910.0032get 0.0004% / 1h27m 25s$676K$4.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aftermath Perps. 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
−$27.97
Price spread: +0.062% → 0.000%
$6.2
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$35.77
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Extended: live order book, 1 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 Aftermath Perps no order-book sample
Sell Extended live order book, 1 min ago0.98 bp4.2 bp −$414.5 bp −$145doesn't fitdoesn't fit
Aftermath Perps: 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%1h96.164−0.792%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.900−0.032%$233K$431K15xas long as short
BloFin BZ-USDT−0.0004%4h96.900−0.032%$1.5M$86K50xas long as short
Aster BZUSDT0.0000%4h96.972+0.042%$337K$984K50xas long as short
Binance BZUSDT0.0000%4h96.980+0.050%$146.8M$373.9M100xas long as short
Bybit BZUSDT0.0000%8h96.970+0.040%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.970+0.040%$16.0M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h96.970+0.040%$2.3M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.940+0.009%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h96.990+0.061%$27.4M$16.4M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h96.885−0.048%$9.3M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.909−0.023%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.970+0.040%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.960+0.030%$103K$243K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.920−0.012%$278K$269K75xas long as short
Phemex XBRUSDT0.0000%4h96.980+0.050%$1.2M$85K100xas long as short
edgeX BZUSDC+0.0004%4h96.894−0.038%$222K$229K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.530+0.617%as long as short
Lighter BRENTOIL+0.0032%1h96.980+0.050%$3.3M$4.7M20xas long as short
Extended XBR-USDshort+0.0032%1h96.991+0.062%$676K$4.8M10x
Vest BZ-PERP+0.0043%1h101.04+4.239%$735K10xas long as short
Paradex BZ-USD-PERP+0.0050%8h96.981+0.052%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.991+0.062%$152.0M$125.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.026+0.098%$1.5M$444K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.900−0.032%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.020+0.092%$3.8M$872K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.900−0.032%$25K$274K50xas long as short
Hotstuff BRENTOIL-PERP+0.0152%1h96.990+0.061%$33K20xas long as short
Aftermath Perps BRENTUSDlong+0.0165%1h96.931long leg$7K$43K5x
GMX BRENTOIL/USD [ETH-USDC]L +0.0183% / S +0.0043%1h96.975+0.045%$126K111xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h96.998+0.069%$84K$218K20xas long as short