BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: edgeX against Aster−0.061%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.061%, 7d avg −0.012%

Together, before fees+0.076%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.049% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BZUSDT	97.517	0	get 0.0000% / 4h	2h 46m	$339K	$930K	50x
Short	edgeX BZUSDC	97.457	0.0001	get 0.0000% / 4h	2h 46m	$224K	$228K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee edgeXbpOrdersPrice spread, now −0.061%Rate

Funding earned: $0.18
Price spread: −0.061% → −0.012%: −$4.89
Slippage, 4 orders: −$24.74
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$46.44
Costs to cover: 0.417%
Break-even: 1765.9 days

Slippage from Aster: live order book, 6 min ago; edgeX: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 6 min ago	2.05 bp	6.1 bp −$6	6.6 bp −$66	73.6 bp −$7,358	doesn't fit
Sell edgeX live order book, 65 min ago	10.29 bp	14.8 bp −$15	16.8 bp −$168	100.8 bp −$10.1K	doesn't fit

BZ on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	96.684	−0.854%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.460	−0.058%	$237K	$441K	15x	as long as short
Aster BZUSDTlong	0.0000%	4h	97.517	long leg	$339K	$930K	50x
Binance BZUSDT	0.0000%	4h	97.510	−0.007%	$147.5M	$364.6M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.520	+0.003%	$10.4M	$12.5M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.520	+0.003%	$16.1M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.490	−0.027%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.480	−0.038%	$9.2M	$11.6M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.510	−0.007%	$28.0M	$16.6M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.488	−0.029%	$9.3M	$6.9M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.497	−0.020%	$26K	$315K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.540	+0.024%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.530	+0.014%	$101K	$249K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.450	−0.068%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.540	+0.024%	$1.2M	$83K	100x	as long as short
edgeX BZUSDCshort	+0.0001%	4h	97.457	−0.061%	$224K	$228K	20x
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.533	+0.017%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.067	+0.564%	—	—	—	as long as short
Vest BZ-PERP	+0.0020%	1h	101.57	+4.157%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.520	+0.003%	$3.2M	$4.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.515	−0.001%	$680K	$3.9M	10x	as long as short
BloFin BZ-USDT	+0.0040%	4h	97.540	+0.024%	$1.5M	$97K	50x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.509	−0.008%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.534	+0.018%	$153.8M	$125.4M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.529	+0.013%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.460	−0.058%	$3.1M	$1.0M	15x	as long as short
Aftermath Perps BRENTUSD	+0.0054%	1h	97.490	−0.027%	$7K	$42K	5x	as long as short
Hotstuff BRENTOIL-PERP	+0.0056%	1h	97.530	+0.014%	$34K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.580	+0.065%	$3.8M	$837K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.520	+0.003%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0295% / S −0.2195%	1h	97.515	−0.002%	$115K	—	111x	as long as short