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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.014%
Price spread now: SunX against Extended+0.007%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.007%, 7d avg +0.004%
Together, before fees−0.035%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD96.9630.0032pay 0.0004% / 1h48m 37s$676K$4.9M10x
ShortSunX BRENTOIL-USDT96.9700get 0.0000% / 4h1h 48m$4K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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: +0.007% → +0.004%
$0.3
Slippage, 4 orders
−$44.76
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$64.19
Costs to cover
0.578%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; SunX: live order book, 9 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 Extended live order book, 5 min ago1.19 bp4.8 bp −$515.0 bp −$150doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago18.57 bp26.4 bp −$2635.1 bp −$351doesn't fitdoesn't fit

BZ on 30 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%1h96.207−0.780%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.810−0.158%$234K$425K15xas long as short
Hotstuff BRENTOIL-PERP−0.0040%1h96.970+0.007%$33K20xas long as short
Aster BZUSDT0.0000%4h96.947−0.017%$337K$998K50xas long as short
Binance BZUSDT0.0000%4h96.950−0.014%$146.5M$375.2M100xas long as short
Bybit BZUSDT0.0000%8h96.950−0.014%$10.3M$13.4M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.960−0.003%$15.9M$20.7M50xas long as short
RISEx BZ/USDC0.0000%1h96.949−0.015%$2.3M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.910−0.055%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h96.950−0.014%$27.4M$16.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.006+0.044%$9.4M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.011+0.049%$37K$343K25xas long as short
SunX BRENTOIL-USDTshort0.0000%4h96.970+0.007%$4K$2.5M20x
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.960−0.003%$103K$239K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.990+0.028%$278K$269K75xas long as short
Phemex XBRUSDT0.0000%4h96.950−0.014%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.492+0.545%as long as short
edgeX BZUSDC+0.0015%4h96.887−0.078%$222K$227K20xas long as short
Lighter BRENTOIL+0.0032%1h96.950−0.014%$3.3M$4.5M20xas long as short
Extended XBR-USDlong+0.0032%1h96.963long leg$676K$4.9M10x
Vest BZ-PERP+0.0046%1h101.00+4.163%$735K10xas long as short
Paradex BZ-USD-PERP+0.0049%8h96.949−0.015%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.973+0.010%$151.9M$125.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.015+0.053%$1.5M$446K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.870−0.096%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.010+0.048%$3.8M$875K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.970+0.007%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0181% / S +0.0061%1h96.945−0.019%$126K111xas long as short
Aftermath Perps BRENTUSD+0.0197%1h97.000+0.038%$7K$44K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h96.977+0.014%$84K$218K20xas long as short