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−0.0100%/8h= −10.9% APRpaid last 24h −0.021%
Price spread now: OKX against Aftermath Perps−0.100%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.100% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps BRENTUSD97.6270.0100pay 0.0012% / 1h51m 16s$7K$40K5x
ShortOKX BZ-USDT-SWAP97.5300get 0.0000% / 4h51m 16s$16.1M$19.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Aftermath 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
−$20.98
Price spread: −0.100% → 0.000%
−$9.96
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.94
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; OKX: live order book, 2 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 Aftermath Perps no order-book sample
Sell OKX live order book, 2 min ago0.51 bp6.7 bp −$710.3 bp −$10325.4 bp −$2,536doesn't fit
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%1h97.155−0.484%$8K$7K30xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0057%1h97.540−0.089%$100K$253K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.075%$237K$415K15xas long as short
BloFin BZ-USDT−0.0039%4h97.540−0.089%$1.5M$95K50xas long as short
Hotstuff BRENTOIL-PERP−0.0016%1h97.620−0.007%$34K20xas long as short
Aster BZUSDT0.0000%4h97.552−0.077%$339K$868K50xas long as short
Binance BZUSDT0.0000%4h97.551−0.078%$148.6M$353.4M100xas long as short
Bybit BZUSDT0.0000%8h97.530−0.100%$10.2M$13.4M100xas long as short
OKX BZ-USDT-SWAPshort0.0000%4h97.530−0.100%$16.1M$19.7M50x
RISEx BZ/USDC0.0000%1h97.513−0.117%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.510−0.120%$9.3M$10.8M100xas long as short
Bitget BZUSDT0.0000%4h97.560−0.069%$28.0M$18.2M100xas long as short
Variational Omni BZ0.0000%4h97.787+0.164%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.709+0.083%$25K$321K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.560−0.069%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.410−0.223%$279K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.600−0.028%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0003%4h97.577−0.052%$225K$228K20xas long as short
Vest BZ-PERP+0.0008%1h101.69+4.162%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.108+0.493%as long as short
Lighter BRENTOIL+0.0032%1h97.540−0.089%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.544−0.085%$733K$3.2M10xas long as short
Ondo Perps BRENT-USD.P+0.0034%1h97.450−0.182%$3.1M$1.0M15xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.518−0.112%$3K$7955xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.578−0.050%$155.4M$114.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.601−0.027%$1.6M$462K20xas long as short
Aftermath Perps BRENTUSDlong+0.0100%1h97.627long leg$7K$40K5x
KuCoin BZUSDTM+0.0100%4h97.510−0.120%$3.8M$806K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.610−0.018%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.578−0.051%$82K$204K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.525−0.105%$116K111xas long as short