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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0267%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.005%
Price spread now: Aftermath Perps against tradeXYZ−0.094%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.094% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 28 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BRENTOIL96.8230.0050pay 0.0006% / 1h58m 43s$151.8M$138.2M20x
ShortAftermath Perps BRENTUSD96.7320.0317get 0.0040% / 1h58m 43s$7K$44K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against tradeXYZ. 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
$56.15
Price spread: −0.094% → 0.000%
−$9.45
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$19.71
Costs to cover
0.270%
Break-even
4.5 days
Slippage unknown: tradeXYZ: live order book, 11 min ago; Aftermath 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 tradeXYZ live order book, 11 min ago0.21 bp10.0 bp −$1010.8 bp −$108doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath 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%1h95.731−1.128%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0136%1h96.650−0.179%$234K$440K15xas long as short
Aster BZUSDT0.0000%4h96.891+0.070%$337K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.810−0.013%$146.0M$402.0M100xas long as short
Bybit BZUSDT0.0000%8h96.800−0.024%$10.4M$15.1M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.850+0.028%$15.9M$24.1M50xas long as short
RISEx BZ/USDC0.0000%1h96.757−0.069%$2.2M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.800−0.024%$9.2M$12.6M100xas long as short
Bitget BZUSDT0.0000%4h96.800−0.024%$27.7M$17.1M100xas long as short
Variational Omni BZ0.0000%4h96.668−0.160%$9.3M$7.4Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h96.660−0.168%$24K$366K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.870+0.049%$4K$2.6M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.880+0.059%$103K$271K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.700−0.127%$308K$222K75xas long as short
Phemex XBRUSDT0.0000%4h96.870+0.049%$1.2M$93K100xas long as short
BloFin BZ-USDT+0.0005%4h96.840+0.018%$1.5M$91K50xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.382+0.577%as long as short
edgeX BZUSDC+0.0015%4h96.699−0.128%$221K$233K20xas long as short
Lighter BRENTOIL+0.0032%1h96.800−0.024%$3.3M$4.3M20xas long as short
Extended XBR-USD+0.0032%1h96.844+0.022%$709K$5.3M10xas long as short
Vest BZ-PERP+0.0046%1h100.84+4.149%$735K10xas long as short
Paradex BZ-USD-PERP+0.0046%8h96.704−0.123%$3K$5215xas long as short
tradeXYZ xyz:BRENTOILlong+0.0050%1h96.823long leg$151.8M$138.2M20x
Ondo Perps BRENT-USD.P+0.0050%1h96.690−0.137%$3.1M$1.1M15xas long as short
Polymarket Perps BRENTOIL-USD+0.0066%1h96.885+0.064%$1.5M$506K20xas long as short
KuCoin BZUSDTM+0.0100%4h96.860+0.038%$3.8M$918K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.740−0.086%$25K$272K50xas long as short
Hotstuff BRENTOIL-PERP+0.0104%1h96.730−0.096%$33K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0202% / S +0.0120%1h96.845+0.023%$126K111xas long as short
Kraken Futures PF_BRENTOILUSD+0.0253%1h96.859+0.038%$83K$219K20xas long as short
Aftermath Perps BRENTUSDshort+0.0317%1h96.732−0.094%$7K$44K5x