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

BZ

RWAall BZ markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.014%
Price spread now: Extended against Bybit+0.001%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Long on BybitShort on Extended
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 7 days+0.013%+$1 · spread now +0.001%, 7d avg −0.011%
Together, before fees+0.109%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BZUSDT97.7500get 0.0000% / 8h1h 25m$10.4M$13.1M100x
ShortExtended XBR-USD97.7510.0032get 0.0004% / 1h25m 34s$682K$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$6.72
Price spread: +0.001% → −0.011%
$1.18
Slippage, 4 orders
−$9.97
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$18.07
Costs to cover
0.260%
Break-even
25.8 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago0.51 bp8.8 bp −$910.9 bp −$109100.9 bp −$10.1Kdoesn't fit
Sell Extended live order book, 3 min ago1.23 bp4.6 bp −$514.8 bp −$148doesn'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%1h97.018−0.749%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.810+0.061%$236K$417K15xas long as short
Aster BZUSDT0.0000%4h97.753+0.003%$340K$930K50xas long as short
Binance BZUSDT0.0000%4h97.770+0.020%$147.9M$349.5M100xas long as short
Bybit BZUSDTlong0.0000%8h97.750long leg$10.4M$13.1M100x
OKX BZ-USDT-SWAP0.0000%4h97.760+0.010%$16.1M$19.7M50xas long as short
RISEx BZ/USDC0.0000%1h97.748−0.002%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.710−0.041%$9.3M$11.0M100xas long as short
Bitget BZUSDT0.0000%4h97.7500.000%$27.9M$17.4M100xas long as short
Variational Omni BZ0.0000%4h97.748−0.002%$9.4M$6.9M—as long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.798+0.049%$24K$305K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.800+0.051%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.7500.000%$100K$252K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.690−0.061%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h98.010+0.266%$1.2M$86K100xas long as short
edgeX BZUSDC+0.0001%4h97.760+0.010%$225K$227K20xas long as short
Vest BZ-PERP+0.0009%1h101.90+4.246%—$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.315+0.578%———as long as short
Lighter BRENTOIL+0.0032%1h97.7500.000%$3.3M$4.1M20xas long as short
Extended XBR-USDshort+0.0032%1h97.751+0.001%$682K$3.3M10x
Hotstuff BRENTOIL-PERP+0.0040%1h97.760+0.010%$34K—20xas long as short
BloFin BZ-USDT+0.0050%4h97.710−0.041%$1.5M$97K50xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.740−0.010%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.747−0.003%$155.1M$116.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.817+0.069%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.690−0.061%$3.1M$1.0M15xas long as short
Aftermath Perps BRENTUSD+0.0084%1h97.814+0.065%$7K$41K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.770+0.020%$3.8M$808K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.790+0.041%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0158%1h97.779+0.030%$82K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.825+0.077%$116K—111xas long as short