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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against Vest−3.952%7-day average −3.260% · 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)+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now −3.952%, 7d avg −3.260%
Together, before fees+0.181%+ Points / potential airdropVest: Active · Extended: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.693% cheaper against Vest than usual: you would sell low and buy high, −$69 on $10k if it goes back to its 7-day average of −3.260%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BZ-PERP101.530.0029pay 0.0004% / 1h39m 54s$735K10x
ShortExtended XBR-USD97.5170.0032get 0.0004% / 1h39m 54s$675K$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.59
Price spread: −3.952% → −3.260%
−$69.25
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$75.66
Costs to cover
0.070%
Break-even
907.8 days
Slippage unknown: Vest: no order-book sample; Extended: 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 Vest no order-book sample
Sell Extended live order book, 4 min ago0.10 bp2.6 bp −$311.7 bp −$117doesn't fitdoesn't fit
Vest: 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%1h96.333−5.119%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.270−4.196%$233K$439K15xas long as short
Aster BZUSDT0.0000%4h97.490−3.979%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.510−3.959%$147.7M$367.5M100xas long as short
Bybit BZUSDT0.0000%8h97.490−3.979%$10.4M$12.7M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.500−3.969%$16.0M$20.4M50xas long as short
RISEx BZ/USDC0.0000%1h97.480−3.989%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.470−3.999%$9.2M$12.1M100xas long as short
Bitget BZUSDT0.0000%4h97.490−3.979%$27.9M$16.6M100xas long as short
Variational Omni BZ0.0000%4h97.458−4.011%$9.3M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.370−4.097%$29K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.520−3.950%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.510−3.959%$104K$242K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.320−4.147%$279K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.510−3.959%$1.2M$84K100xas long as short
BloFin BZ-USDT+0.0004%4h97.440−4.028%$1.5M$92K50xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.053−3.425%as long as short
edgeX BZUSDC+0.0012%4h97.366−4.101%$223K$226K20xas long as short
Vest BZ-PERPlong+0.0029%1h101.53long leg$735K10x
Lighter BRENTOIL+0.0032%1h97.500−3.969%$3.2M$4.7M20xas long as short
Extended XBR-USDshort+0.0032%1h97.517−3.952%$675K$4.1M10x
Paradex BZ-USD-PERP+0.0050%8h97.489−3.981%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.530−3.940%$153.9M$126.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.529−3.941%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.440−4.028%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.502−3.968%$82K$208K20xas long as short
Hotstuff BRENTOIL-PERP+0.0080%1h97.510−3.959%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.550−3.920%$3.8M$868K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.370−4.097%$26K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0103%1h97.393−4.075%$7K$43K5xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0239% / S −0.0325%1h97.495−3.974%$127K111xas long as short