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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate+0.041%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$8 on $10k
Price spread, last 7 days+0.070%+$7 · spread now +0.041%, 7d avg +0.070%
Together, before fees+0.154%+$15 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: Bitget is 0.028% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BZ_USDT96.8600get 0.0000% / 8h5h 53m$9.2M$12.3M100x
ShortBitget BZUSDT96.9000get 0.0000% / 4h1h 53m$27.4M$16.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.041% → +0.070%
−$2.82
Slippage, 4 orders
−$9.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$39.39
Costs to cover
0.366%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 5 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 Gate live order book, 5 min ago1.03 bp10.5 bp −$1016.3 bp −$16330.1 bp −$3,01442.3 bp −$21.1K
Sell Bitget live order book, 5 min ago0.51 bp7.0 bp −$79.6 bp −$9625.9 bp −$2,59267.1 bp −$33.6K

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%1h96.207−0.674%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.810−0.052%$234K$425K15xas long as short
Aster BZUSDT0.0000%4h96.876+0.017%$336K$998K50xas long as short
Binance BZUSDT0.0000%4h96.900+0.041%$146.5M$375.9M100xas long as short
Bybit BZUSDT0.0000%8h96.880+0.021%$10.3M$13.5M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.910+0.052%$15.9M$20.8M50xas long as short
RISEx BZ/USDC0.0000%1h96.904+0.046%$2.3M$1.3M20xas long as short
Hotstuff BRENTOIL-PERP0.0000%1h96.920+0.062%$33K20xas long as short
Gate BZ_USDTlong0.0000%8h96.860long leg$9.2M$12.3M100x
Bitget BZUSDTshort0.0000%4h96.900+0.041%$27.4M$16.4M100x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h96.939+0.082%$9.3M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.949+0.092%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.930+0.072%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.920+0.062%$103K$237K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.930+0.072%$278K$269K75xas long as short
Phemex XBRUSDT0.0000%4h96.930+0.072%$1.2M$84K100xas long as short
edgeX BZUSDC+0.0002%4h96.941+0.084%$222K$227K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.441+0.600%as long as short
Lighter BRENTOIL+0.0032%1h96.910+0.052%$3.3M$4.5M20xas long as short
Extended XBR-USD+0.0032%1h96.920+0.062%$677K$4.9M10xas long as short
Vest BZ-PERP+0.0046%1h100.96+4.233%$735K10xas long as short
Paradex BZ-USD-PERP+0.0049%8h96.908+0.050%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.921+0.063%$151.8M$125.5M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.966+0.109%$1.5M$470K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.870+0.010%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h96.970+0.114%$3.8M$877K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.950+0.093%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0180% / S +0.0065%1h96.905+0.046%$126K111xas long as short
Aftermath Perps BRENTUSD+0.0209%1h96.955+0.098%$8K$44K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h96.948+0.091%$83K$218K20xas long as short