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+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.010%
Price spread now: Vest against Coinbase International+4.380%7-day average +3.263% · 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 3 days (all we have)+0.138%+$14 on $10k
Price spread, last 4 days (all we have)−0.502%−$50 · spread now +4.380%, 7d avg +3.263%
Together, before fees−0.364%+ Points / potential airdropVest: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Vest is 1.117% dearer against Coinbase International than usual: you sell high and buy low: +$112 more if the spread goes back to its 7-day average of +3.263%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BRENTOIL-PERP-INTX97.270−0.0088get 0.0011% / 1h39m 31s$233K$439K15x
ShortVest BZ-PERP101.530.0029get 0.0004% / 1h39m 31s$735K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Coinbase International. 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
$24.61
Price spread: +4.380% → +3.263%
$111.69
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$124.31
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 14 min ago; Vest: 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 Coinbase International live order book, 14 min ago1.54 bp6.9 bp −$79.7 bp −$97doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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%1h96.333−0.963%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTXlong−0.0088%1h97.270long leg$233K$439K15x
Aster BZUSDT0.0000%4h97.488+0.224%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.500+0.236%$147.7M$367.6M100xas long as short
Bybit BZUSDT0.0000%8h97.510+0.247%$10.4M$12.7M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.490+0.226%$16.0M$20.4M50xas long as short
RISEx BZ/USDC0.0000%1h97.481+0.216%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.470+0.206%$9.2M$12.1M100xas long as short
Bitget BZUSDT0.0000%4h97.510+0.247%$27.9M$16.6M100xas long as short
Variational Omni BZ0.0000%4h97.458+0.193%$9.3M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.462+0.198%$29K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.520+0.257%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.510+0.247%$104K$242K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.320+0.051%$279K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.510+0.247%$1.2M$84K100xas long as short
BloFin BZ-USDT+0.0004%4h97.440+0.175%$1.5M$92K50xas long as short
edgeX BZUSDC+0.0007%4h97.427+0.161%$224K$227K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.053+0.805%as long as short
Vest BZ-PERPshort+0.0029%1h101.53+4.380%$735K10x
Lighter BRENTOIL+0.0032%1h97.490+0.226%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.511+0.248%$675K$4.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.497+0.233%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.521+0.258%$154.0M$126.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.529+0.266%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.450+0.185%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.502+0.238%$82K$208K20xas long as short
Hotstuff BRENTOIL-PERP+0.0096%1h97.530+0.267%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.550+0.288%$3.8M$868K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.370+0.103%$26K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0103%1h97.393+0.126%$7K$43K5xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0239% / S −0.0325%1h97.495+0.231%$127K111xas long as short