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−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.012%
Price spread now: Ondo Perps against ApeX Omni−0.205%52s7-day average −0.044% · 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−0.094%−$9 on $10k
Price spread, last 4 days (all we have)+0.205%+$21 · spread now −0.205%, 7d avg −0.044%
Together, before fees+0.111%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.161% cheaper against ApeX Omni than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.044%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BZUSDT97.3300.0100pay 0.0013% / 1h33m 53s$26K$273K50x
ShortOndo Perps BRENT-USD.P97.1300.0028get 0.0003% / 1h33m 53s$3.1M$997K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against ApeX Omni. 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
−$15.12
Price spread: −0.205% → −0.044%
−$16.13
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$46.25
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 3 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 ApeX Omni live order book, 3 min ago8.73 bp20.2 bp −$20201.5 bp −$2,015doesn'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%1h96.605−0.745%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.160−0.175%$236K$412K15xas long as short
Hotstuff BRENTOIL-PERP−0.0032%1h97.250−0.082%$34K20xas long as short
Aster BZUSDT0.0000%4h97.240−0.092%$338K$860K50xas long as short
Binance BZUSDT0.0000%4h97.230−0.103%$149.2M$352.9M100xas long as short
Bybit BZUSDT0.0000%8h97.210−0.123%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.240−0.092%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.211−0.122%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.190−0.144%$9.2M$10.9M100xas long as short
Bitget BZUSDT0.0000%4h97.240−0.092%$27.8M$18.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.286−0.045%$9.5M$6.5Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.360+0.031%$18K$330K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.220−0.113%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.180−0.154%$100K$254K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.140−0.195%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.480+0.154%$1.2M$87K100xas long as short
Vest BZ-PERP+0.0008%1h101.29+4.069%$735K10xas long as short
edgeX BZUSDC+0.0011%4h97.311−0.019%$224K$228K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.733+0.414%as long as short
Ondo Perps BRENT-USD.Pshort+0.0028%1h97.130−0.205%$3.1M$997K15x
Lighter BRENTOIL+0.0032%1h97.210−0.123%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.216−0.117%$738K$3.1M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.226−0.107%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.264−0.068%$155.0M$114.7M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.226−0.107%$1.6M$405K20xas long as short
BloFin BZ-USDT+0.0050%4h97.190−0.144%$1.5M$98K50xas long as short
Aftermath Perps BRENTUSD+0.0094%1h97.327−0.003%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.230−0.103%$3.8M$802K50xas long as short
ApeX Omni BZUSDTlong+0.0100%1h97.330long leg$26K$273K50x
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.212−0.121%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.235−0.098%$115K111xas long as short