Funding arb · Price arb /

BZ

RWAall BZ markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h 0.000%

Price spread now: Vest against BloFin+4.029%7-day average +3.205% · you sell dearer than you buy

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

Long on BloFin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.034%−$3 on $10k

Price spread, last 4 days (all we have)+0.035%+$3 · spread now +4.029%, 7d avg +3.205%

Together, before fees0.000%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.825% dearer against BloFin than usual: you sell high and buy low (spread +4.029% now, against its 7-day average of +3.205%): +$82 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 52 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BZ-USDT	97.040	0.0060	pay 0.0030% / 4h	3h 20m	$1.5M	$101K	50x
Short	Vest BZ-PERP	100.95	0.0007	get 0.0001% / 1h	20m 27s	—	$735K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 VestbpOrdersPrice spread, now +4.029%Rate

Funding earned: −$11.1
Price spread: +4.029% → +3.205%: $82.47
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: $57.37
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: BloFin: live order book, 2 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 BloFin live order book, 2 min ago	1.03 bp	7.0 bp −$7	10.3 bp −$103	22.1 bp −$2,214	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
Deribit BRENTOIL_USDC-PERPETUAL	−0.0265%	1h	97.080	+0.041%	$100K	$267K	15x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	96.342	−0.719%	$8K	$7K	30x	as long as short
Ondo Perps BRENT-USD.P	−0.0087%	1h	96.980	−0.062%	$3.1M	$1.0M	15x	as long as short
GRVT BZ_USDT_Perp	−0.0064%	4h	97.181	+0.145%	$13K	$340K	25x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0056%	1h	97.240	+0.206%	$237K	$410K	15x	as long as short
RISEx BZ/USDC	−0.0039%	1h	97.039	−0.001%	$2.4M	$1.8M	20x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0002%	1h	97.089	+0.051%	$82K	$198K	20x	as long as short
Aster BZUSDT	0.0000%	4h	97.064	+0.024%	$336K	$707K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.063	+0.024%	$147.9M	$357.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.100	+0.062%	$10.2M	$13.4M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BZ-USDT-SWAP	0.0000%	4h	97.050	+0.010%	$16.2M	$20.0M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	97.040	0.000%	$9.2M	$10.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.100	+0.062%	$27.9M	$19.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.031	−0.009%	$9.4M	$6.1M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.090	+0.052%	$4K	$2.3M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.080	+0.041%	$279K	$251K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.160	+0.124%	$1.2M	$82K	100x	as long as short
Vest BZ-PERPshort	+0.0007%	1h	100.95	+4.029%	—	$735K	10x
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.706	+0.686%	—	—	—	as long as short
edgeX BZUSDC	+0.0012%	4h	97.177	+0.141%	$224K	$230K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.100	+0.062%	$3.4M	$4.3M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.123	+0.086%	$749K	$2.7M	10x	as long as short
Paradex BZ-USD-PERP	+0.0043%	8h	97.114	+0.076%	$2K	$1K	5x	as long as short
Hotstuff BRENTOIL-PERP	+0.0048%	1h	97.140	+0.103%	$33K	—	20x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.099	+0.061%	$154.4M	$116.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.095	+0.057%	$1.6M	$336K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0059%	1h	97.268	+0.235%	$7K	$39K	5x	as long as short
BloFin BZ-USDTlong	+0.0060%	4h	97.040	long leg	$1.5M	$101K	50x
KuCoin BZUSDTM	+0.0100%	4h	97.100	+0.062%	$3.8M	$787K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.220	+0.185%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0327% / S −0.2771%	1h	97.055	+0.015%	$115K	—	111x	as long as short