Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Aster against Binance−0.065%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

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

costs, in and out, $10k−$240.237% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days+0.013%+$1 · spread now −0.065%, 7d avg −0.026%

Together, before fees0.000%+ Points / potential airdropAster: Stage 5 · farm board$0 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: Aster is 0.039% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BZUSDT	97.238	0	get 0.0000% / 4h	1h 04m	$147.1M	$372.7M	100x
Short	Aster BZUSDT	97.175	0	get 0.0000% / 4h	1h 04m	$337K	$969K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → −0.026%: −$3.92
Slippage, 4 orders: −$5.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.62
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Aster: live order book, 64 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 Binance live order book, 9 min ago	0.51 bp	5.5 bp −$6	6.2 bp −$62	12.8 bp −$1,278	46.1 bp −$23.1K
Sell Aster live order book, 64 min ago	2.06 bp	6.1 bp −$6	10.7 bp −$107	84.3 bp −$8,432	doesn't fit

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	96.141	−1.129%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.990	−0.255%	$234K	$433K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0080%	1h	97.190	−0.050%	$33K	—	20x	as long as short
BloFin BZ-USDT	−0.0040%	4h	97.080	−0.163%	$1.5M	$91K	50x	as long as short
Aster BZUSDTshort	0.0000%	4h	97.175	−0.065%	$337K	$969K	50x
Binance BZUSDTlong	0.0000%	4h	97.238	long leg	$147.1M	$372.7M	100x
Bybit BZUSDT	0.0000%	8h	97.200	−0.039%	$10.3M	$13.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.200	−0.039%	$16.0M	$20.4M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.190	−0.050%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.170	−0.070%	$9.2M	$12.4M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	97.250	+0.012%	$27.5M	$16.4M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.086	−0.157%	$9.4M	$7.0M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.972	−0.274%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.210	−0.029%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.250	+0.012%	$104K	$248K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.000	−0.245%	$278K	$268K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.220	−0.019%	$1.2M	$86K	100x	as long as short
edgeX BZUSDC	+0.0009%	4h	97.042	−0.202%	$222K	$227K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.779	+0.556%	—	—	—	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.170	−0.070%	$3.3M	$4.7M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.235	−0.003%	$675K	$4.6M	10x	as long as short
Vest BZ-PERP	+0.0039%	1h	101.24	+4.115%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.173	−0.067%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.224	−0.015%	$152.4M	$125.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.287	+0.050%	$1.6M	$444K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.090	−0.153%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.230	−0.009%	$3.8M	$871K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.020	−0.225%	$25K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0116%	1h	97.061	−0.183%	$7K	$43K	5x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0187% / S +0.0023%	1h	97.235	−0.003%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	97.237	−0.002%	$84K	$218K	20x	as long as short