Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against Aster+0.008%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.008%, 7d avg +0.017%

Together, before fees−0.093%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BZUSDT	97.682	0	get 0.0000% / 4h	1h 55m	$340K	$930K	50x
Short	Bitget BZUSDT	97.690	0	get 0.0000% / 4h	1h 55m	$27.7M	$17.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.017%: −$0.83
Slippage, 4 orders: −$7.44
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$28.27
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from Aster: live order book, 58 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 58 min ago	2.05 bp	6.1 bp −$6	6.6 bp −$66	73.6 bp −$7,358	doesn't fit
Sell Bitget live order book, 4 min ago	0.51 bp	8.0 bp −$8	10.2 bp −$102	25.7 bp −$2,571	68.5 bp −$34.2K

BZ on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	96.817	−0.885%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.530	−0.155%	$235K	$417K	15x	as long as short
BloFin BZ-USDT	−0.0008%	4h	97.640	−0.043%	$1.5M	$98K	50x	as long as short
Aster BZUSDTlong	0.0000%	4h	97.682	long leg	$340K	$930K	50x
Binance BZUSDT	0.0000%	4h	97.671	−0.011%	$147.6M	$354.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.660	−0.022%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.650	−0.033%	$16.1M	$19.9M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.645	−0.038%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.640	−0.043%	$9.3M	$10.8M	100x	as long as short
Bitget BZUSDTshort	0.0000%	4h	97.690	+0.008%	$27.7M	$17.3M	100x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	97.658	−0.025%	$9.4M	$6.8M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.750	+0.070%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.700	+0.019%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.660	−0.022%	$100K	$250K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.650	−0.033%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.660	−0.022%	$1.2M	$80K	100x	as long as short
edgeX BZUSDC	+0.0006%	4h	97.657	−0.026%	$225K	$227K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.228	+0.559%	—	—	—	as long as short
Vest BZ-PERP	+0.0013%	1h	101.77	+4.185%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.650	−0.033%	$3.3M	$4.0M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.651	−0.032%	$678K	$3.5M	10x	as long as short
Hotstuff BRENTOIL-PERP	+0.0048%	1h	97.720	+0.039%	$34K	—	20x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.664	−0.018%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.686	+0.004%	$154.6M	$123.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.720	+0.039%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.610	−0.074%	$3.1M	$996K	15x	as long as short
Aftermath Perps BRENTUSD	+0.0077%	1h	97.706	+0.025%	$7K	$41K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.700	+0.019%	$3.8M	$830K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.740	+0.060%	$26K	$273K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	97.674	−0.008%	$82K	$208K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0329% / S −0.2771%	1h	97.675	−0.007%	$116K	—	111x	as long as short