BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.035%

Price spread now: Aster against BloFin+0.083%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.083%, 7d avg −0.005%

Together, before fees+0.049%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.088% dearer against BloFin than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.005%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 29 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BZ-USDT	96.040	0.0010	pay 0.0005% / 4h	44m 32s	$1.5M	$95K	50x
Short	Aster BZUSDT	96.120	0	get 0.0000% / 4h	44m 32s	$334K	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now +0.083%Rate

Funding earned: −$2.15
Price spread: +0.083% → −0.005%: $8.78
Slippage, 4 orders: −$5.95
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.31
Costs to cover: 0.259%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Aster: 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 BloFin live order book, 3 min ago	0.52 bp	6.8 bp −$7	9.7 bp −$97	17.9 bp −$1,790	doesn't fit
Sell Aster live order book, 4 min ago	2.08 bp	6.1 bp −$6	9.8 bp −$98	75.4 bp −$7,538	doesn't fit

BZ on 30 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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.035	−0.005%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.369	−0.699%	$8K	$7K	30x	as long as short
tradeXYZ xyz:BRENTOIL	−0.0166%	1h	96.100	+0.062%	$147.8M	$143.8M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0040%	1h	96.060	+0.021%	$232K	$577K	15x	as long as short
RISEx BZ/USDC	−0.0020%	1h	96.053	+0.014%	$2.2M	$1.3M	20x	as long as short
Binance BZUSDT	−0.0006%	4h	96.075	+0.036%	$145.9M	$469.4M	100x	as long as short
Aster BZUSDTshort	0.0000%	4h	96.120	+0.083%	$334K	$1.4M	50x
Bybit BZUSDT	0.0000%	8h	96.070	+0.031%	$10.4M	$16.0M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.050	+0.010%	$15.9M	$26.8M	50x	as long as short
Hotstuff BRENTOIL-PERP	0.0000%	1h	96.100	+0.062%	$33K	—	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BZ_USDT	0.0000%	8h	96.010	−0.031%	$9.2M	$16.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.020	−0.021%	$27.4M	$21.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.963	−0.080%	$9.3M	$7.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	95.970	−0.073%	$34K	$375K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.040	0.000%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.080	+0.042%	$103K	$279K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.940	−0.104%	$305K	$249K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.050	+0.010%	$1.2M	$96K	100x	as long as short
edgeX BZUSDC	+0.0002%	4h	95.954	−0.089%	$220K	$234K	20x	as long as short
Paradex BZ-USD-PERP	+0.0009%	8h	96.062	+0.023%	$3K	$521	5x	as long as short
BloFin BZ-USDTlong	+0.0010%	4h	96.040	long leg	$1.5M	$95K	50x
Aftermath Perps BRENTUSD	+0.0030%	1h	96.054	+0.015%	$6K	$45K	5x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.040	0.000%	$3.3M	$4.3M	20x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.04	+4.165%	—	$735K	10x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.066	+0.027%	$1.5M	$529K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	95.980	−0.062%	$3.0M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.050	+0.010%	$3.8M	$990K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.960	−0.083%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	96.075	+0.036%	$81K	$235K	20x	as long as short
Extended XBR-USD	+0.0152%	1h	96.006	−0.035%	$671K	$5.2M	10x	as long as short