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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: RISEx against HTX−0.047%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.228%+$23 on $10k
Price spread, last 3 days (all we have)+0.196%+$20 · spread now −0.047%, 7d avg +0.069%
Together, before fees+0.424%+$42 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: RISEx is 0.115% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BRENTOIL-USDT96.9900get 0.0000% / 4h1h 49m$278K$269K75x
ShortRISEx BZ/USDC96.9450get 0.0000% / 1h49m 41s$2.3M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against HTX. 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: −0.047% → +0.069%
−$11.52
Slippage, 4 orders
−$7.13
Fee HTX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$36.65
Costs to cover
0.251%
Break-even
never at this rate
Slippage from HTX: live order book, 12 min ago; RISEx: live order book, 4 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 HTX live order book, 12 min ago3.10 bp9.1 bp −$916.2 bp −$162doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago0.47 bp3.5 bp −$35.4 bp −$54doesn'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%1h96.207−0.807%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.810−0.186%$234K$425K15xas long as short
Aster BZUSDT0.0000%4h96.980−0.010%$337K$998K50xas long as short
Binance BZUSDT0.0000%4h96.946−0.046%$146.5M$375.6M100xas long as short
Bybit BZUSDT0.0000%8h96.930−0.062%$10.3M$13.4M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.950−0.041%$15.9M$20.8M50xas long as short
RISEx BZ/USDCshort0.0000%1h96.945−0.047%$2.3M$1.3M20x
Hotstuff BRENTOIL-PERP0.0000%1h96.9900.000%$33K20xas long as short
Gate BZ_USDT0.0000%8h96.910−0.082%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h96.940−0.052%$27.4M$16.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.006+0.017%$9.4M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.011+0.022%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.020+0.031%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.9900.000%$104K$239K15xas long as short
HTX BRENTOIL-USDTlong0.0000%4h96.990long leg$278K$269K75x
Phemex XBRUSDT0.0000%4h97.010+0.021%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.529+0.556%as long as short
edgeX BZUSDC+0.0015%4h96.887−0.106%$222K$227K20xas long as short
Lighter BRENTOIL+0.0032%1h96.960−0.031%$3.3M$4.5M20xas long as short
Extended XBR-USD+0.0032%1h96.959−0.032%$676K$4.9M10xas long as short
Vest BZ-PERP+0.0046%1h101.05+4.186%$735K10xas long as short
Paradex BZ-USD-PERP+0.0049%8h96.953−0.039%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.970−0.021%$151.9M$125.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.062+0.074%$1.5M$446K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.930−0.062%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.050+0.062%$3.8M$876K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.970−0.021%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0180% / S +0.0062%1h96.985−0.005%$126K111xas long as short
Aftermath Perps BRENTUSD+0.0198%1h96.969−0.022%$7K$44K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h97.027+0.038%$84K$218K20xas long as short