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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.018%
Price spread now: Ondo Perps against SunX−0.102%7-day average −0.065% · 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 7 days+0.114%+$11 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.102%, 7d avg −0.065%
Together, before fees+0.241%+ Points / potential airdropOndo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.037% cheaper against SunX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.065%). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BRENTOIL-USDT97.8600get 0.0000% / 4h1h 40m$4K$2.4M20x
ShortOndo Perps BRENT-USD.P97.7600.0050get 0.0006% / 1h40m 04s$3.1M$1.0M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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
$10.58
Price spread: −0.102% → −0.065%
−$3.74
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$6.16
Costs to cover
0.130%
Break-even
11.1 days
Slippage unknown: SunX: live order book, 7 min ago; Ondo Perps: 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 SunX live order book, 7 min ago18.41 bp22.4 bp −$2230.5 bp −$305doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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%1h96.817−1.066%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.530−0.337%$235K$416K15xas long as short
Hotstuff BRENTOIL-PERP−0.0080%1h97.840−0.020%$34K20xas long as short
BloFin BZ-USDT−0.0019%4h97.760−0.102%$1.5M$98K50xas long as short
Aster BZUSDT0.0000%4h97.851−0.009%$340K$930K50xas long as short
Binance BZUSDT0.0000%4h97.846−0.014%$147.8M$351.9M100xas long as short
Bybit BZUSDT0.0000%8h97.810−0.051%$10.1M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.850−0.010%$16.1M$19.8M50xas long as short
RISEx BZ/USDC0.0000%1h97.820−0.040%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.790−0.072%$9.3M$10.9M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.850−0.010%$28.0M$17.3M100xas long as short
Variational Omni BZ0.0000%4h97.768−0.094%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.779−0.083%$24K$305K25xas long as short
SunX BRENTOIL-USDTlong0.0000%4h97.860long leg$4K$2.4M20x
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.830−0.031%$100K$251K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.830−0.031%$281K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.920+0.061%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0001%4h97.792−0.069%$225K$229K20xas long as short
Vest BZ-PERP+0.0011%1h101.95+4.179%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.419+0.572%as long as short
Lighter BRENTOIL+0.0032%1h97.850−0.010%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.854−0.006%$682K$3.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.815−0.046%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.8600.000%$155.2M$119.2M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.903+0.044%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.Pshort+0.0050%1h97.760−0.102%$3.1M$1.0M15x
Aftermath Perps BRENTUSD+0.0083%1h97.792−0.070%$7K$41K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.870+0.010%$3.9M$823K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.840−0.020%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0157%1h97.853−0.007%$82K$208K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.865+0.005%$116K111xas long as short