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

BZ

RWAall BZ markets
SwapFunding view
Alert
My alerts

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.

Spread before costs (cost unknown: a leg has no order-book sample)−0.022%
7d average+0.007%if it closes, per $10,000$2funding while held, a day−$0.24
Long on edgeXShort on Variational Omni
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BZUSDC95.9820.0008pay 0.0004% / 4h1h 52m$220K$234K20x
ShortVariational Omni BZ95.9610get 0.0000% / 4h1h 52m$9.5M$12.3M—

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
−$2.19
Funding while held
−$0.24
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$11.43
Spread needed to break even
0.090%
Slippage unknown: edgeX: live order book, 46 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0008%
Per $10,000 a day
−$0.24
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, 46 min ago10.47 bp15.0 bp −$1515.6 bp −$15655.6 bp −$5,563doesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.63 bpdoesn't fit5.0 bp −$5016.9 bp −$1,690doesn't fit

BZ price on every exchange

against the cheapest. Click to use as the short leg.
Injective86.379cheapest
HTX95.880+10.999%Coinbase International95.950+11.080%
Variational Omni95.961+11.093%
KuCoin95.980+11.115%
edgeX95.982+11.118%
Gate96.030+11.173%ApeX Omni96.030+11.173%Aftermath Perps96.035+11.179%BloFin96.040+11.184%OKX96.050+11.196%Ondo Perps96.050+11.196%SunX96.060+11.208%Aster96.062+11.210%Bybit96.070+11.219%Paradex96.071+11.220%GMX96.075+11.225%RISEx96.078+11.229%Binance96.083+11.234%Bitget96.090+11.242%Lighter96.100+11.254%Kraken Futures96.101+11.255%Polymarket Perps96.108+11.263%Hotstuff96.110+11.265%Deribit96.110+11.265%Extended96.123+11.281%tradeXYZ96.136+11.296%Phemex96.140+11.300%gTrade (Gains Network)96.817+12.085%Vest100.11+15.896%

BZ on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BRENT/USDC PERP−10.005%−0.0220%1h$9K$4K30xas long as short
HTX BRENTOIL-USDT−0.107%0.0000%4h$283K$162K75xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.034%−0.0040%1h$231K$855K15xas long as short
Variational Omni BZshort−0.022%0.0000%4h$9.5M$12.3M—
KuCoin BZUSDTM−0.002%+0.0100%4h$3.8M$939K50xas long as short
edgeX BZUSDClong0.000%+0.0008%4h$220K$234K20x
Gate BZ_USDT+0.050%0.0000%8h$9.2M$18.5M100xas long as short
ApeX Omni BZUSDT+0.050%+0.0100%1h$25K$271K50xas long as short
Aftermath Perps BRENTUSD+0.055%+0.0051%1h$6K$49K5xas long as short
BloFin BZ-USDT+0.060%+0.0003%4h$1.5M$82K50xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX BZ-USDT-SWAP+0.071%0.0000%4h$15.9M$29.9M50xas long as short
Ondo Perps BRENT-USD.P+0.071%+0.0050%1h$3.0M$1.0M15xas long as short
SunX BRENTOIL-USDT+0.081%0.0000%4h$4K$2.6M20xas long as short
Aster BZUSDT+0.083%0.0000%4h$330K$1.6M50xas long as short
Bybit BZUSDT+0.091%0.0000%8h$10.5M$16.6M100xas long as short
Paradex BZ-USD-PERP+0.093%+0.0048%8h$3K$4735xas long as short
GMX BRENTOIL/USD [ETH-USDC]+0.097%L +0.0014% / S +0.0047%1h$35K—111xas long as short
RISEx BZ/USDC+0.100%0.0000%1h$2.1M$1.2M20xas long as short
Binance BZUSDT+0.105%0.0000%4h$144.2M$460.5M100xas long as short
Bitget BZUSDT+0.112%0.0000%4h$27.7M$22.8M100xas long as short
Lighter BRENTOIL+0.123%+0.0032%1h$3.2M$4.1M20xas long as short
Kraken Futures PF_BRENTOILUSD+0.124%+0.0085%1h$82K$302K20xas long as short
Polymarket Perps BRENTOIL-USD+0.131%+0.0050%1h$1.5M$550K20xas long as short
Hotstuff BRENTOIL-PERP+0.133%+0.0016%1h$33K—20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL+0.133%−0.0062%1h$103K$280K15xas long as short
Extended XBR-USD+0.147%+0.0032%1h$678K$5.2M10xas long as short
tradeXYZ xyz:BRENTOIL+0.160%+0.0050%1h$148.4M$141.9M20xas long as short
Phemex XBRUSDT+0.164%0.0000%4h$1.2M$101K100xas long as short
gTrade (Gains Network) BRENT/USD+0.870%L +0.0011% / S −0.0011%1h———as long as short
Vest BZ-PERP+4.301%+0.0046%1h—$617K10xas long as short