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

BZ

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h +0.002%
Price spread now: edgeX against Bybit+0.167%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Long on BybitShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.167%, 7d avg −0.032%
Together, before fees−0.083%+ Points / potential airdropedgeX: 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 0.200% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BZUSDT97.3700get 0.0000% / 8h49m 00s$10.2M$13.3M100x
ShortedgeX BZUSDC97.5330.0007get 0.0003% / 4h49m 00s$225K$228K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bybit. 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
$1.44
Price spread: +0.167% → −0.032%
$19.97
Slippage, 4 orders
−$26.42
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$25.01
Costs to cover
0.464%
Break-even
128.9 days
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago0.51 bp8.6 bp −$910.3 bp −$10392.9 bp −$9,295doesn't fit
Sell edgeX live order book, 53 min ago10.23 bp14.7 bp −$1516.7 bp −$16765.9 bp −$6,592doesn'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%1h97.155−0.221%$8K$7K30xas long as short
Hotstuff BRENTOIL-PERP−0.0096%1h97.440+0.072%$34K—20xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.339%$237K$412K15xas long as short
BloFin BZ-USDT−0.0032%4h97.380+0.010%$1.5M$95K50xas long as short
Aster BZUSDT0.0000%4h97.401+0.032%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.393+0.023%$148.3M$353.5M100xas long as short
Bybit BZUSDTlong0.0000%8h97.370long leg$10.2M$13.3M100x
OKX BZ-USDT-SWAP0.0000%4h97.400+0.031%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.427+0.058%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.340−0.031%$9.2M$10.8M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.390+0.021%$27.9M$18.2M100xas long as short
Variational Omni BZ0.0000%4h97.526+0.160%$9.4M$6.7M—as long as short
GRVT BZ_USDT_Perp0.0000%4h97.530+0.164%$18K$329K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.380+0.010%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.330−0.041%$100K$253K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.300−0.072%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.410+0.041%$1.2M$87K100xas long as short
edgeX BZUSDCshort+0.0007%4h97.533+0.167%$225K$228K20x
Vest BZ-PERP+0.0008%1h101.51+4.252%—$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.897+0.541%———as long as short
Lighter BRENTOIL+0.0032%1h97.350−0.021%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.397+0.027%$737K$3.2M10xas long as short
Ondo Perps BRENT-USD.P+0.0039%1h97.360−0.010%$3.1M$1.0M15xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.416+0.047%$2K$9215xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.403+0.034%$155.2M$114.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.451+0.083%$1.6M$462K20xas long as short
Aftermath Perps BRENTUSD+0.0088%1h97.569+0.204%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.3700.000%$3.8M$805K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.560+0.195%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.364−0.006%$82K$201K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.355−0.015%$116K—111xas long as short