BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.032%

Price spread now: Aster against KuCoin−0.073%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$390.390% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.073%, 7d avg −0.031%

Together, before fees−0.108%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.042% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BZUSDTM	97.020	0.0100	pay 0.0050% / 4h	1h 48m	$3.8M	$875K	50x
Short	Aster BZUSDT	96.949	0	get 0.0000% / 4h	1h 48m	$337K	$998K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$21
Price spread: −0.073% → −0.031%: −$4.23
Slippage, 4 orders: −$19.03
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$64.26
Costs to cover: 0.390%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Aster: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 4 min ago	0.51 bp	9.6 bp −$10	44.9 bp −$449	doesn't fit	doesn't fit
Sell Aster live order book, 20 min ago	2.06 bp	6.1 bp −$6	10.7 bp −$107	84.3 bp −$8,432	doesn't fit

BZ on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	96.207	−0.838%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.810	−0.216%	$234K	$425K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0040%	1h	96.970	−0.052%	$33K	—	20x	as long as short
Aster BZUSDTshort	0.0000%	4h	96.949	−0.073%	$337K	$998K	50x
Binance BZUSDT	0.0000%	4h	96.950	−0.072%	$146.5M	$375.2M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.950	−0.072%	$10.3M	$13.4M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.960	−0.062%	$15.9M	$20.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.949	−0.073%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.920	−0.103%	$9.2M	$12.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.950	−0.072%	$27.4M	$16.4M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	97.006	−0.014%	$9.4M	$7.1M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.011	−0.009%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.970	−0.052%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.960	−0.062%	$104K	$239K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.990	−0.031%	$278K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.950	−0.072%	$1.2M	$84K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.493	+0.488%	—	—	—	as long as short
edgeX BZUSDC	+0.0015%	4h	96.887	−0.137%	$222K	$227K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.950	−0.072%	$3.3M	$4.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.966	−0.055%	$676K	$4.9M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	101.00	+4.102%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0049%	8h	96.949	−0.073%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.974	−0.047%	$151.9M	$125.6M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.015	−0.005%	$1.5M	$446K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.870	−0.155%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTMlong	+0.0100%	4h	97.020	long leg	$3.8M	$875K	50x
ApeX Omni BZUSDT	+0.0100%	1h	96.970	−0.052%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0181% / S +0.0060%	1h	96.955	−0.067%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0197%	1h	96.969	−0.052%	$7K	$44K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	96.985	−0.036%	$84K	$218K	20x	as long as short