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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: Kraken Futures against Aftermath Perps−0.035%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
Funding pays, the price is against you. Kraken Futures is 0.035% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD96.2700.0081pay 0.0010% / 1h14m 03s$6K$44K5x
ShortKraken Futures PF_BRENTOILUSD96.2360.0113get 0.0014% / 1h14m 03s$83K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$6.67
Price spread: −0.035% → 0.000%
−$3.55
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$15.88
Costs to cover
0.190%
Break-even
23.7 days
Slippage unknown: Aftermath Perps: no order-book sample; Kraken Futures: live order book, 63 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 Kraken Futures live order book, 63 min ago3.17 bp20.3 bp −$2034.4 bp −$344doesn'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 30 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
GMX BRENTOIL/USD [ETH-USDC]L −0.0848% / S +0.0467%1h96.175−0.099%$120K111xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.484−0.816%$8K$7K30xas long as short
Hotstuff BRENTOIL-PERP−0.0072%1h96.250−0.021%$33K20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0062%1h96.220−0.052%$103K$275K15xas long as short
BloFin BZ-USDT−0.0050%4h96.190−0.083%$1.5M$96K50xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0040%1h96.070−0.208%$232K$551K15xas long as short
RISEx BZ/USDC−0.0020%1h96.195−0.078%$2.2M$1.3M20xas long as short
Aster BZUSDT0.0000%4h96.208−0.065%$334K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.197−0.076%$145.8M$452.8M100xas long as short
Bybit BZUSDT0.0000%8h96.210−0.062%$10.5M$16.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX BZ-USDT-SWAP0.0000%4h96.190−0.083%$15.8M$26.5M50xas long as short
Gate BZ_USDT0.0000%8h96.160−0.114%$9.2M$16.4M100xas long as short
Bitget BZUSDT0.0000%4h96.180−0.093%$27.6M$20.4M100xas long as short
Variational Omni BZ0.0000%4h96.181−0.092%$9.3M$7.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.206−0.066%$34K$375K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.200−0.073%$4K$2.7M20xas long as short
HTX BRENTOIL-USDT0.0000%4h96.120−0.156%$306K$249K75xas long as short
Phemex XBRUSDT0.0000%4h96.190−0.083%$1.2M$94K100xas long as short
edgeX BZUSDC+0.0010%4h96.183−0.091%$220K$234K20xas long as short
Paradex BZ-USD-PERP+0.0029%8h96.199−0.073%$3K$5215xas long as short
Vest BZ-PERP+0.0046%1h99.830+3.698%$735K10xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.245−0.026%$151.1M$144.1M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.261−0.009%$1.5M$525K20xas long as short
Aftermath Perps BRENTUSDlong+0.0081%1h96.270long leg$6K$44K5x
KuCoin BZUSDTM+0.0100%4h96.100−0.177%$3.8M$988K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.210−0.062%$25K$271K50xas long as short
Kraken Futures PF_BRENTOILUSDshort+0.0113%1h96.236−0.035%$83K$234K20x
Lighter BRENTOIL+0.0280%1h96.220−0.052%$3.3M$4.3M20xas long as short
Ondo Perps BRENT-USD.P+0.0405%1h96.180−0.093%$3.1M$1.1M15xas long as short
Extended XBR-USD+0.0568%1h96.131−0.145%$675K$5.2M10xas long as short