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−0.0105%/8h= −11.5% APRpaid last 24h −0.023%
Price spread now: HTX against Aftermath Perps−0.051%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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.051% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD97.3700.0105pay 0.0013% / 1h40m 48s$7K$43K5x
ShortHTX BRENTOIL-USDT97.3200get 0.0000% / 4h3h 40m$279K$267K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$22.05
Price spread: −0.051% → 0.000%
−$5.08
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$48.13
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; HTX: live order book, 11 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 HTX live order book, 11 min ago1.54 bp44.8 bp −$45doesn't fitdoesn'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%1h96.333−1.065%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.270−0.102%$233K$439K15xas long as short
Aster BZUSDT0.0000%4h97.473+0.106%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.480+0.113%$147.6M$367.6M100xas long as short
Bybit BZUSDT0.0000%8h97.480+0.113%$10.4M$12.7M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.490+0.124%$16.0M$20.4M50xas long as short
RISEx BZ/USDC0.0000%1h97.452+0.085%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.450+0.083%$9.2M$12.1M100xas long as short
Bitget BZUSDT0.0000%4h97.490+0.124%$27.9M$16.6M100xas long as short
Variational Omni BZ0.0000%4h97.458+0.091%$9.3M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.370+0.001%$29K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.480+0.113%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.480+0.113%$104K$242K15xas long as short
HTX BRENTOIL-USDTshort0.0000%4h97.320−0.051%$279K$267K75x
Phemex XBRUSDT0.0000%4h97.490+0.124%$1.2M$84K100xas long as short
BloFin BZ-USDT+0.0004%4h97.440+0.072%$1.5M$92K50xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.024+0.672%as long as short
edgeX BZUSDC+0.0012%4h97.366−0.004%$223K$226K20xas long as short
Vest BZ-PERP+0.0029%1h101.50+4.242%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.490+0.124%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.498+0.132%$675K$4.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.457+0.090%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.513+0.147%$153.9M$126.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.506+0.140%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.400+0.031%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.482+0.115%$82K$208K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.540+0.175%$3.8M$869K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.370+0.001%$26K$274K50xas long as short
Aftermath Perps BRENTUSDlong+0.0105%1h97.370long leg$7K$43K5x
Hotstuff BRENTOIL-PERP+0.0128%1h97.470+0.103%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0238% / S −0.0320%1h97.475+0.108%$127K111xas long as short