Settings8H · net · $10k
Funding arb · Price arb /

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Ondo Perps against Extended−0.032%7-day average −0.070% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.032%, 7d avg −0.070%
Together, before fees+0.079%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.038% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XBR-USD96.8510.0032pay 0.0004% / 1h57m 38s$687K$5.3M10x
ShortOndo Perps BRENT-USD.P96.8200.0050get 0.0006% / 1h57m 38s$3.1M$1.1M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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

Funding earned
$3.86
Price spread: −0.032% → −0.070%
$3.79
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$2.35
Costs to cover
0.100%
Break-even
11.3 days
Slippage unknown: Extended: live order book, 1 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago0.05 bp3.1 bp −$317.0 bp −$170doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BRENT/USDC PERP−0.0220%1h95.731−1.157%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0136%1h96.650−0.208%$234K$440K15xas long as short
Aster BZUSDT0.0000%4h96.898+0.048%$337K$1.2M50xas long as short
Binance BZUSDT0.0000%4h96.867+0.016%$146.1M$400.2M100xas long as short
Bybit BZUSDT0.0000%8h96.840−0.012%$10.4M$14.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.850−0.001%$15.9M$23.9M50xas long as short
RISEx BZ/USDC0.0000%1h96.853+0.002%$2.3M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.810−0.043%$9.2M$12.6M100xas long as short
Bitget BZUSDT0.0000%4h96.850−0.001%$27.7M$16.8M100xas long as short
Variational Omni BZ0.0000%4h96.668−0.189%$9.3M$7.4Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h96.660−0.198%$24K$366K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.860+0.009%$4K$2.6M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.870+0.019%$103K$271K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.700−0.156%$308K$222K75xas long as short
Phemex XBRUSDT0.0000%4h96.870+0.019%$1.2M$88K100xas long as short
BloFin BZ-USDT+0.0005%4h96.840−0.012%$1.5M$91K50xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.398+0.564%as long as short
edgeX BZUSDC+0.0015%4h96.699−0.158%$221K$233K20xas long as short
Lighter BRENTOIL+0.0032%1h96.880+0.029%$3.4M$4.3M20xas long as short
Extended XBR-USDlong+0.0032%1h96.851long leg$687K$5.3M10x
Vest BZ-PERP+0.0046%1h100.86+4.139%$735K10xas long as short
Paradex BZ-USD-PERP+0.0046%8h96.854+0.003%$3K$5215xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.885+0.035%$151.9M$138.2M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h96.861+0.010%$1.5M$506K20xas long as short
Ondo Perps BRENT-USD.Pshort+0.0050%1h96.820−0.032%$3.1M$1.1M15x
KuCoin BZUSDTM+0.0100%4h96.880+0.029%$3.8M$918K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.740−0.115%$25K$272K50xas long as short
Hotstuff BRENTOIL-PERP+0.0136%1h96.820−0.032%$33K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0202% / S +0.0119%1h96.865+0.014%$126K111xas long as short
Kraken Futures PF_BRENTOILUSD+0.0253%1h96.870+0.019%$83K$219K20xas long as short
Aftermath Perps BRENTUSD+0.0317%1h96.775−0.079%$7K$44K5xas long as short