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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0089%/8h= −9.7% APRnext payment $0.11 per $10,000 · paid last 24h −0.027%
Price spread now: gTrade (Gains Network) against ApeX Omni+0.418%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.418% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.418% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BZUSDT97.1700.0100pay 0.0013% / 1h11m 05s$25K$274K50x
ShortgTrade (Gains Network) BRENT/USD97.576L +0.0011% / S −0.0011%get 0.0001% / 1h11m 05s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against ApeX Omni. 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
−$18.66
Price spread: +0.418% → 0.000%
$41.8
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$3.14
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 46 min ago; gTrade (Gains Network): 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 ApeX Omni live order book, 46 min ago8.73 bp20.7 bp −$21179.5 bp −$1,795doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%1h96.433−0.758%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240+0.072%$234K$436K15xas long as short
BloFin BZ-USDT−0.0013%4h97.010−0.165%$1.5M$92K50xas long as short
Aster BZUSDT0.0000%4h97.072−0.101%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.020−0.154%$146.9M$369.8M100xas long as short
Bybit BZUSDT0.0000%8h97.010−0.165%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.020−0.154%$16.0M$20.3M50xas long as short
RISEx BZ/USDC0.0000%1h97.026−0.148%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.010−0.165%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h97.020−0.154%$27.7M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.017−0.157%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.140−0.031%$29K$346K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.060−0.113%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.020−0.154%$103K$235K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.010−0.165%$278K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.290+0.123%$1.2M$84K100xas long as short
edgeX BZUSDC+0.0005%4h97.138−0.033%$223K$228K20xas long as short
gTrade (Gains Network) BRENT/USDshortL +0.0011% / S −0.0011%1h97.576+0.418%
Vest BZ-PERP+0.0031%1h101.08+4.024%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.040−0.134%$3.2M$4.8M20xas long as short
Extended XBR-USD+0.0032%1h97.026−0.148%$680K$4.3M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.049−0.125%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.053−0.120%$153.1M$127.1M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.089−0.083%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.980−0.196%$3.1M$1.1M15xas long as short
Hotstuff BRENTOIL-PERP+0.0088%1h97.090−0.082%$33K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.070−0.103%$3.8M$870K50xas long as short
ApeX Omni BZUSDTlong+0.0100%1h97.170long leg$25K$274K50x
Aftermath Perps BRENTUSD+0.0126%1h97.119−0.052%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.061−0.112%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0212% / S −0.0149%1h97.025−0.149%$126K111xas long as short