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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.010%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.319% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.010%, 7d avg −0.019%
Together, before fees−0.077%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BZUSDT97.1800get 0.0000% / 4h19m 24s$27.6M$16.5M100x
ShortBybit BZUSDT97.1700get 0.0000% / 8h4h 19m$10.4M$12.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
$0
Price spread: −0.010% → −0.019%
$0.84
Slippage, 4 orders
−$8.86
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$31.02
Costs to cover
0.319%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 4 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 Bitget live order book, 4 min ago0.51 bp7.2 bp −$710.1 bp −$10124.6 bp −$2,46359.2 bp −$29.6K
Sell Bybit live order book, 4 min ago0.51 bp8.5 bp −$913.0 bp −$130127.9 bp −$12.8Kdoesn'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%1h96.571−0.627%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.240+0.062%$234K$437K15xas long as short
Hotstuff BRENTOIL-PERP−0.0016%1h97.240+0.062%$34K20xas long as short
Aster BZUSDT0.0000%4h97.204+0.025%$338K$954K50xas long as short
Binance BZUSDT0.0000%4h97.178−0.002%$147.1M$369.8M100xas long as short
Bybit BZUSDTshort0.0000%8h97.170−0.010%$10.4M$12.9M100x
OKX BZ-USDT-SWAP0.0000%4h97.160−0.021%$16.1M$20.3M50xas long as short
RISEx BZ/USDC0.0000%1h97.165−0.016%$2.2M$1.4M20xas long as short
Gate BZ_USDT0.0000%8h97.120−0.062%$9.2M$12.2M100xas long as short
Bitget BZUSDTlong0.0000%4h97.180long leg$27.6M$16.5M100x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.177−0.003%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.210+0.031%$29K$361K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.200+0.021%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.190+0.010%$104K$232K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.140−0.041%$279K$268K75xas long as short
Phemex XBRUSDT0.0000%4h97.330+0.154%$1.2M$84K100xas long as short
edgeX BZUSDC+0.0007%4h97.189+0.009%$223K$227K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.726+0.562%as long as short
BloFin BZ-USDT+0.0016%4h97.170−0.010%$1.5M$91K50xas long as short
Vest BZ-PERP+0.0032%1h101.20+4.137%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.190+0.010%$3.3M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.184+0.004%$680K$4.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.171−0.009%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.223+0.044%$153.5M$126.9M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.230+0.051%$1.6M$491K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.120−0.062%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.220+0.041%$3.8M$871K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.210+0.031%$25K$274K50xas long as short
Aftermath Perps BRENTUSD+0.0116%1h97.242+0.064%$7K$43K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0142%1h97.208+0.029%$84K$206K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0206% / S −0.0103%1h97.175−0.005%$126K111xas long as short