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−0.0028%/8h= −3.0% APRpaid last 24h −0.016%
Price spread now: BloFin against Paradex−0.002%93s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BZ-USD-PERP97.4920.0050pay 0.0050% / 8h3h 03m$3K$3365x
ShortBloFin BZ-USDT97.4900.0022get 0.0011% / 4h3h 03m$1.5M$97K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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
−$5.84
Price spread: −0.002% → 0.000%
−$0.23
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$22.07
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 4 min ago. 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 Paradex no order-book sample
Sell BloFin live order book, 4 min ago0.51 bp7.0 bp −$79.6 bp −$9620.8 bp −$2,078doesn't fit
Paradex: 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
Injective BRENT/USDC PERP−0.0220%1h96.536−0.981%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.460−0.033%$237K$443K15xas long as short
Aster BZUSDT0.0000%4h97.491−0.001%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.500+0.008%$147.5M$366.9M100xas long as short
Bybit BZUSDT0.0000%8h97.500+0.008%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.500+0.008%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.478−0.014%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.460−0.033%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.500+0.008%$28.0M$16.6M100xas long as short
Variational Omni BZ0.0000%4h97.468−0.025%$9.3M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.481−0.012%$26K$314K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.520+0.028%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.510+0.018%$101K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.460−0.033%$280K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.540+0.049%$1.2M$83K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.047+0.569%as long as short
edgeX BZUSDC+0.0016%4h97.472−0.021%$224K$227K20xas long as short
BloFin BZ-USDTshort+0.0022%4h97.490−0.002%$1.5M$97K50x
Vest BZ-PERP+0.0023%1h101.54+4.152%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.490−0.002%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.505+0.013%$680K$3.9M10xas long as short
Paradex BZ-USD-PERPlong+0.0050%8h97.492long leg$3K$3365x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.515+0.023%$153.8M$125.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.526+0.035%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.450−0.043%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.480−0.012%$82K$208K20xas long as short
Hotstuff BRENTOIL-PERP+0.0072%1h97.510+0.018%$34K20xas long as short
Aftermath Perps BRENTUSD+0.0072%1h97.472−0.021%$7K$42K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.550+0.059%$3.8M$848K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.480−0.013%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0278% / S −0.1844%1h97.495+0.003%$115K111xas long as short