Settings8H · net · $10k
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Funding arb · Price arb /

BZ

RWAall BZ markets
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Alert: funding
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.023%
Price spread now: Coinbase International against Binance+0.185%7-day average −0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs+$9as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Long on BinanceShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days−0.251%−$25 on $10k
Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.185%, 7d avg −0.144%
Together, before fees−0.553%−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.329% dearer against Binance than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.144%): +$33 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BZUSDT97.0600get 0.0000% / 4h14m 09s$147.0M$369.8M100x
ShortCoinbase International BRENTOIL-PERP-INTX97.240−0.0096pay 0.0012% / 1h14m 09s$234K$436K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$20.16
Price spread: +0.185% → −0.144%
$32.93
Slippage, 4 orders
−$3.71
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$10.94
Costs to cover
0.237%
Break-even
from the start
Slippage from Binance: live order book, 14 min ago; Coinbase International: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago0.51 bp5.5 bp −$66.6 bp −$667.8 bp −$77939.5 bp −$19.7K
Sell Coinbase International live order book, 44 min ago1.03 bp6.0 bp −$68.1 bp −$81doesn't fitdoesn't fit

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%1h96.433−0.646%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTXshort−0.0096%1h97.240+0.185%$234K$436K15x
Hotstuff BRENTOIL-PERP−0.0048%1h97.190+0.134%$33K—20xas long as short
Aster BZUSDT0.0000%4h97.098+0.039%$338K$954K50xas long as short
Binance BZUSDTlong0.0000%4h97.060long leg$147.0M$369.8M100x
Bybit BZUSDT0.0000%8h97.050−0.010%$10.4M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.050−0.010%$16.0M$20.3M50xas long as short
RISEx BZ/USDC0.0000%1h97.041−0.020%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.000−0.062%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.050−0.010%$27.6M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.168+0.111%$9.4M$6.8M—as long as short
GRVT BZ_USDT_Perp0.0000%4h97.157+0.100%$29K$346K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.080+0.021%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.0600.000%$104K$233K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.010−0.052%$278K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.290+0.237%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.607+0.564%———as long as short
edgeX BZUSDC+0.0018%4h97.141+0.084%$223K$228K20xas long as short
BloFin BZ-USDT+0.0025%4h97.170+0.113%$1.5M$92K50xas long as short
Vest BZ-PERP+0.0031%1h101.12+4.183%—$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.0600.000%$3.2M$4.8M20xas long as short
Extended XBR-USD+0.0032%1h97.063+0.003%$680K$4.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.047−0.013%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.084+0.025%$153.2M$127.1M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.113+0.055%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.010−0.052%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.110+0.052%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.190+0.134%$25K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0125%1h97.179+0.123%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.068+0.008%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0210% / S −0.0132%1h97.065+0.005%$126K—111xas long as short