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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.015%
Price spread now: gTrade (Gains Network) against Ondo Perps+0.680%7-day average · 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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.680% dearer against Ondo Perps than usual: you sell high and buy low: +$68 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BRENT-USD.P97.260−0.0018get 0.0002% / 1h3m 10s$3.1M$1.0M15x
ShortgTrade (Gains Network) BRENT/USD97.921L +0.0011% / S −0.0011%get 0.0001% / 1h3m 10s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Ondo Perps. 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
$6.04
Price spread: +0.680% → 0.000%
$68
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$59.04
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): 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 Ondo Perps no order-book sample
Sell gTrade (Gains Network) no order-book sample
Ondo Perps and gTrade (Gains Network): 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
Deribit BRENTOIL_USDC-PERPETUAL−0.0263%1h97.350+0.093%$100K$256K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−0.944%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.226%$237K$402K15xas long as short
BloFin BZ-USDT−0.0049%4h97.330+0.072%$1.5M$99K50xas long as short
Ondo Perps BRENT-USD.Plong−0.0018%1h97.260long leg$3.1M$1.0M15x
Aster BZUSDT0.0000%4h97.414+0.158%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.371+0.114%$148.3M$351.7M100xas long as short
Bybit BZUSDT0.0000%8h97.350+0.093%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.350+0.093%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.284+0.024%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.320+0.062%$9.2M$11.3M100xas long as short
Bitget BZUSDT0.0000%4h97.390+0.134%$27.9M$18.5M100xas long as short
Variational Omni BZ0.0000%4h97.402+0.146%$9.5M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.430+0.175%$14K$332K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.320+0.062%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.290+0.031%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.400+0.144%$1.2M$86K100xas long as short
edgeX BZUSDC+0.0003%4h97.432+0.177%$224K$229K20xas long as short
Vest BZ-PERP+0.0010%1h101.37+4.226%$735K10xas long as short
gTrade (Gains Network) BRENT/USDshortL +0.0011% / S −0.0011%1h97.921+0.680%
Lighter BRENTOIL+0.0032%1h97.370+0.113%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.389+0.133%$747K$2.9M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.312+0.054%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.401+0.145%$155.5M$115.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.382+0.125%$1.6M$395K20xas long as short
Aftermath Perps BRENTUSD+0.0076%1h97.350+0.092%$7K$40K5xas long as short
Hotstuff BRENTOIL-PERP+0.0088%1h97.340+0.082%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.390+0.134%$3.8M$799K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.450+0.195%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.350+0.092%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.345+0.087%$116K111xas long as short