Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.019%

Price spread now: Vest against Aster+4.133%7-day average +3.253% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.087%−$9 on $10k

Price spread, last 4 days (all we have)−0.223%−$22 · spread now +4.133%, 7d avg +3.253%

Together, before fees−0.310%+ Points / potential airdropAster: Stage 5 · Vest: Active · farm board−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.880% dearer against Aster than usual: you sell high and buy low: +$88 more if the spread goes back to its 7-day average of +3.253%. Mind the row above: over the last 3 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BZUSDT	96.800	0	get 0.0000% / 4h	2h 38m	$336K	$1.2M	50x
Short	Vest BZ-PERP	100.80	0.0046	get 0.0006% / 1h	38m 21s	—	$735K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +4.133%Rate

Funding earned: $9.59
Price spread: +4.133% → +3.253%: $87.95
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: $87.54
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Aster: live order book, 5 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 5 min ago	2.07 bp	6.1 bp −$6	6.5 bp −$65	81.2 bp −$8,120	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	95.962	−0.865%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	−0.155%	$234K	$421K	15x	as long as short
BloFin BZ-USDT	−0.0052%	4h	96.760	−0.041%	$1.5M	$90K	50x	as long as short
Aster BZUSDTlong	0.0000%	4h	96.800	long leg	$336K	$1.2M	50x
Binance BZUSDT	0.0000%	4h	96.819	+0.020%	$146.3M	$388.1M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.800	0.000%	$10.3M	$14.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.800	0.000%	$15.9M	$22.9M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.787	−0.014%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.790	−0.010%	$9.2M	$12.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.820	+0.021%	$27.6M	$16.5M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	96.790	−0.010%	$9.3M	$7.2M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.793	−0.007%	$24K	$341K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.820	+0.021%	$4K	$2.6M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.840	+0.042%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.750	−0.051%	$277K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.810	+0.011%	$1.2M	$85K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.342	+0.560%	—	—	—	as long as short
edgeX BZUSDC	+0.0019%	4h	96.798	−0.002%	$222K	$232K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.810	+0.011%	$3.3M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.808	+0.009%	$672K	$5.2M	10x	as long as short
Vest BZ-PERPshort	+0.0046%	1h	100.80	+4.133%	—	$735K	10x
Paradex BZ-USD-PERP	+0.0048%	8h	96.785	−0.015%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.816	+0.017%	$151.6M	$129.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.858	+0.060%	$1.5M	$486K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.700	−0.103%	$3.1M	$1.1M	15x	as long as short
Hotstuff BRENTOIL-PERP	+0.0056%	1h	96.800	0.000%	$33K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.850	+0.052%	$3.8M	$892K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.770	−0.031%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0206% / S +0.0102%	1h	96.825	+0.026%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0253%	1h	96.821	+0.022%	$83K	$218K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0273%	1h	96.810	+0.010%	$7K	$44K	5x	as long as short