data as of
Settings8H · net · $10k
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Price arb /

BZ

RWAall BZ markets
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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.

After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.040%7d average−0.027%fees + slippage, in and out−$47spread needed0.467%
Long on BybitShort on edgeX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BZUSDT96.1600get 0.0000% / 8h5h 47m$10.5M$16.6M100x
ShortedgeX BZUSDC96.1220.0014get 0.0007% / 4h1h 47m$220K$235K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.98
Funding while held
$0.42
Slippage, 4 orders
−$26.71
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$50.26
Spread needed to break even
0.467%
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 51 min ago.

Cost of waiting

funding view
Funding /8h
+0.0014%
Per $10,000 a day
+$0.42
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago0.52 bp7.9 bp −$812.2 bp −$12271.3 bp −$7,125doesn't fit
Sell edgeX live order book, 51 min ago10.47 bp15.0 bp −$1516.3 bp −$16363.8 bp −$6,379doesn't fit

BZ price on every exchange

against the cheapest. Click to use as the short leg.
Injective86.379cheapest
Coinbase International95.950+11.080%HTX96.000+11.138%Phemex96.100+11.254%Variational Omni96.117+11.274%
edgeX96.122+11.279%
Aftermath Perps96.134+11.293%Gate96.140+11.300%
Bybit96.160+11.323%
Lighter96.170+11.335%Binance96.170+11.335%GMX96.175+11.341%OKX96.180+11.347%Bitget96.180+11.347%Aster96.190+11.358%Ondo Perps96.190+11.358%KuCoin96.190+11.358%BloFin96.190+11.358%Extended96.192+11.361%Deribit96.200+11.370%Paradex96.204+11.374%ApeX Omni96.210+11.381%RISEx96.212+11.383%SunX96.220+11.393%tradeXYZ96.231+11.406%Kraken Futures96.237+11.412%Hotstuff96.240+11.416%Polymarket Perps96.244+11.421%gTrade (Gains Network)96.892+12.171%Vest100.23+16.035%

BZ on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BRENT/USDC PERP−10.172%−0.0220%1h$9K$4K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.218%−0.0040%1h$231K$855K15xas long as short
HTX BRENTOIL-USDT−0.166%0.0000%4h$284K$162K75xas long as short
Phemex XBRUSDT−0.062%0.0000%4h$1.2M$101K100xas long as short
Variational Omni BZ−0.044%0.0000%4h$9.6M$12.3M—as long as short
edgeX BZUSDCshort−0.040%+0.0014%4h$220K$235K20x
Aftermath Perps BRENTUSD−0.027%+0.0052%1h$6K$49K5xas long as short
Gate BZ_USDT−0.021%0.0000%8h$9.2M$18.5M100xas long as short
Bybit BZUSDTlong0.000%0.0000%8h$10.5M$16.6M100x
Lighter BRENTOIL+0.010%+0.0032%1h$3.2M$4.1M20xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance BZUSDT+0.010%0.0000%4h$144.4M$461.2M100xas long as short
GMX BRENTOIL/USD [ETH-USDC]+0.016%L +0.0014% / S +0.0047%1h$35K—111xas long as short
OKX BZ-USDT-SWAP+0.021%0.0000%4h$15.9M$30.0M50xas long as short
Bitget BZUSDT+0.021%0.0000%4h$27.7M$23.0M100xas long as short
Aster BZUSDT+0.031%0.0000%4h$330K$1.6M50xas long as short
Ondo Perps BRENT-USD.P+0.031%+0.0050%1h$3.1M$1.0M15xas long as short
KuCoin BZUSDTM+0.031%+0.0100%4h$3.8M$942K50xas long as short
BloFin BZ-USDT+0.031%+0.0017%4h$1.5M$82K50xas long as short
Extended XBR-USD+0.034%+0.0032%1h$682K$5.2M10xas long as short
Deribit BRENTOIL_USDC-PERPETUAL+0.042%0.0000%1h$103K$280K15xas long as short
Paradex BZ-USD-PERP+0.046%+0.0048%8h$3K$4735xas long as short
ApeX Omni BZUSDT+0.052%+0.0100%1h$25K$271K50xas long as short
RISEx BZ/USDC+0.054%0.0000%1h$2.1M$1.2M20xas long as short
SunX BRENTOIL-USDT+0.062%0.0000%4h$4K$2.6M20xas long as short
tradeXYZ xyz:BRENTOIL+0.074%+0.0050%1h$148.7M$142.1M20xas long as short
Kraken Futures PF_BRENTOILUSD+0.080%+0.0085%1h$81K$306K20xas long as short
Hotstuff BRENTOIL-PERP+0.083%+0.0040%1h$33K—20xas long as short
Polymarket Perps BRENTOIL-USD+0.087%+0.0050%1h$1.5M$550K20xas long as short
gTrade (Gains Network) BRENT/USD+0.762%L +0.0011% / S −0.0011%1h———as long as short
Vest BZ-PERP+4.233%+0.0046%1h—$617K10xas long as short