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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Variational Omni against Binance+0.011%7-day average −0.035% · 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 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 7 days−0.028%−$3 · spread now +0.011%, 7d avg −0.035%
Together, before fees−0.034%+ Points / potential airdropVariational Omni: Active · farm board−$3 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: Variational Omni is 0.046% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BZUSDT97.5270get 0.0000% / 4h2h 05m$147.4M$357.7M100x
ShortVariational Omni BZ97.5380get 0.0000% / 4h2h 05m$9.4M$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
$0
Price spread: +0.011% → −0.035%
$4.58
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$5.42
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Variational Omni: RFQ quote, 4 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 Binance live order book, 8 min ago0.51 bp5.6 bp −$66.6 bp −$6612.7 bp −$1,26843.1 bp −$21.6K
Sell Variational Omni RFQ quote, 4 min ago2.62 bpdoesn't fit3.3 bp −$33doesn't fitdoesn't fit

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%1h96.939−0.603%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.530+0.003%$235K$426K15xas long as short
BloFin BZ-USDT−0.0001%4h97.560+0.034%$1.5M$95K50xas long as short
Aster BZUSDT0.0000%4h97.541+0.014%$339K$930K50xas long as short
Binance BZUSDTlong0.0000%4h97.527long leg$147.4M$357.7M100x
Bybit BZUSDT0.0000%8h97.520−0.007%$10.3M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.520−0.007%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.524−0.003%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.510−0.017%$9.3M$11.7M100xas long as short
Bitget BZUSDT0.0000%4h97.540+0.013%$27.7M$17.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZshort0.0000%4h97.538+0.011%$9.4M$6.9M
GRVT BZ_USDT_Perp0.0000%4h97.560+0.034%$34K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.570+0.044%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.540+0.013%$100K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.630+0.106%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.530+0.003%$1.2M$80K100xas long as short
Kraken Futures PF_BRENTOILUSD+0.0009%1h97.557+0.030%$82K$208K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.100+0.587%as long as short
Vest BZ-PERP+0.0014%1h101.60+4.176%$735K10xas long as short
edgeX BZUSDC+0.0017%4h97.556+0.030%$225K$228K20xas long as short
Lighter BRENTOIL+0.0032%1h97.540+0.013%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.554+0.027%$681K$3.5M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.549+0.023%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.568+0.042%$154.3M$122.8M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.562+0.036%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.500−0.028%$3.1M$995K15xas long as short
Hotstuff BRENTOIL-PERP+0.0072%1h97.570+0.044%$34K20xas long as short
Aftermath Perps BRENTUSD+0.0078%1h97.597+0.071%$7K$41K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.550+0.024%$3.8M$832K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.560+0.034%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.545+0.018%$116K111xas long as short