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−$28
spread now+0.102%7d average+0.084%fees + slippage, in and out−$30spread needed0.300%
Long on edgeXShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BZUSDC95.0630.0013pay 0.0006% / 4h3h 37m$217K$236K20x
ShortLighter BRENTOIL95.1600.0032get 0.0004% / 1h37m 27s$3.2M$4.0M20x

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
$10.23
Funding while held
$0.58
Slippage, 4 orders
−$20.97
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$19.16
Spread needed to break even
0.300%
Slippage from edgeX: live order book, 6 min ago; Lighter: live order book, 7 min ago.

Cost of waiting

funding view
Funding /8h
+0.0019%
Per $10,000 a day
+$0.58
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 edgeX live order book, 6 min ago9.96 bp14.5 bp −$1415.6 bp −$15667.5 bp −$6,749doesn't fit
Sell Lighter live order book, 7 min ago0.52 bp0.5 bp −$12.9 bp −$2915.3 bp −$1,533doesn't fit

BZ price on every exchange

against the cheapest. Click to use as the short leg.
Injective94.613cheapest
edgeX95.063+0.475%
HTX95.080+0.494%BloFin95.080+0.494%Aster95.115+0.531%Bybit95.120+0.536%Gate95.130+0.546%Bitget95.130+0.546%Ondo Perps95.140+0.557%ApeX Omni95.140+0.557%Kraken Futures95.148+0.565%OKX95.150+0.568%
Lighter95.160+0.578%
KuCoin95.160+0.578%Extended95.165+0.583%GMX95.165+0.583%SunX95.170+0.589%Deribit95.170+0.589%Paradex95.176+0.595%RISEx95.178+0.597%Polymarket Perps95.180+0.599%Variational Omni95.184+0.603%Hotstuff95.190+0.610%Binance95.191+0.611%tradeXYZ95.204+0.625%Aftermath Perps95.254+0.677%Coinbase International95.480+0.916%Phemex95.530+0.969%gTrade (Gains Network)95.882+1.341%Vest99.250+4.901%

BZ on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BRENT/USDC PERP−0.473%−0.0220%1h$10K$4K30xas long as short
edgeX BZUSDClong0.000%+0.0013%4h$217K$236K20x
HTX BRENTOIL-USDT+0.018%0.0000%4h$281K$130K75xas long as short
BloFin BZ-USDT+0.018%−0.0002%4h$1.5M$78K50xas long as short
Aster BZUSDT+0.055%0.0000%4h$346K$1.6M50xas long as short
Bybit BZUSDT+0.060%0.0000%8h$10.5M$16.1M100xas long as short
Gate BZ_USDT+0.071%0.0000%8h$9.1M$18.1M100xas long as short
Bitget BZUSDT+0.071%0.0000%4h$27.4M$22.0M100xas long as short
Ondo Perps BRENT-USD.P+0.081%+0.0050%1h$3.0M$990K15xas long as short
ApeX Omni BZUSDT+0.081%+0.0100%1h$25K$271K50xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_BRENTOILUSD+0.090%−0.0215%1h$80K$359K20xas long as short
OKX BZ-USDT-SWAP+0.092%0.0000%4h$15.8M$31.1M50xas long as short
Lighter BRENTOILshort+0.102%+0.0032%1h$3.2M$4.0M20x
KuCoin BZUSDTM+0.102%+0.0100%4h$3.7M$926K50xas long as short
Extended XBR-USD+0.107%+0.0032%1h$674K$5.2M10xas long as short
GMX BRENTOIL/USD [ETH-USDC]+0.108%L +0.0026% / S +0.0060%1h$41K—111xas long as short
SunX BRENTOIL-USDT+0.113%0.0000%4h$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL+0.113%−0.0065%1h$102K$264K15xas long as short
Paradex BZ-USD-PERP+0.119%+0.0046%8h$3K$2825xas long as short
RISEx BZ/USDC+0.121%−0.0024%1h$2.1M$1.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.123%+0.0050%1h$1.5M$569K20xas long as short
Variational Omni BZ+0.127%0.0000%4h$9.5M$11.9M—as long as short
Hotstuff BRENTOIL-PERP+0.134%+0.0144%1h$33K—20xas long as short
Binance BZUSDT+0.135%0.0000%4h$145.5M$443.4M100xas long as short
tradeXYZ xyz:BRENTOIL+0.149%+0.0050%1h$134.5M$133.4M20xas long as short
Aftermath Perps BRENTUSD+0.201%−0.0042%1h$7K$49K5xas long as short
Coinbase International BRENTOIL-PERP-INTX+0.439%−0.0048%1h$266K$713K15xas long as short
Phemex XBRUSDT+0.492%0.0000%4h$1.2M$92K100xas long as short
gTrade (Gains Network) BRENT/USD+0.861%L +0.0011% / S −0.0011%1h———as long as short
Vest BZ-PERP+4.405%+0.0046%1h—$476K10xas long as short