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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0011%/8h= −1.3% APRpaid last 24h −0.006%
Price spread now: Aster against gTrade (Gains Network)−0.552%7-day average · 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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.552% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BRENT/USD98.352L +0.0011% / S −0.0011%pay 0.0001% / 1h44m 10s
ShortAster BZUSDT97.8090get 0.0000% / 4h1h 44m$340K$930K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.4
Price spread: −0.552% → 0.000%
−$55.2
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$75.59
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 4 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Aster live order book, 4 min ago2.05 bp6.0 bp −$611.5 bp −$11595.9 bp −$9,589doesn't fit
gTrade (Gains Network): 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%1h96.817−1.561%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.530−0.836%$235K$416K15xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0057%1h97.770−0.592%$100K$251K15xas long as short
BloFin BZ-USDT−0.0013%4h97.810−0.551%$1.5M$98K50xas long as short
Aster BZUSDTshort0.0000%4h97.809−0.552%$340K$930K50x
Binance BZUSDT0.0000%4h97.800−0.561%$147.7M$352.6M100xas long as short
Bybit BZUSDT0.0000%8h97.760−0.602%$10.1M$12.9M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.780−0.582%$16.1M$20.0M50xas long as short
RISEx BZ/USDC0.0000%1h97.810−0.551%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.750−0.612%$9.3M$10.9M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.810−0.551%$28.0M$17.4M100xas long as short
Variational Omni BZ0.0000%4h97.738−0.625%$9.4M$6.8Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.800−0.561%$27K$315K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.820−0.541%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.760−0.602%$281K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.790−0.572%$1.2M$80K100xas long as short
edgeX BZUSDC+0.0010%4h97.792−0.569%$225K$229K20xas long as short
gTrade (Gains Network) BRENT/USDlongL +0.0011% / S −0.0011%1h98.352long leg
Vest BZ-PERP+0.0012%1h101.91+3.617%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.800−0.561%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.802−0.560%$678K$3.4M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.835−0.526%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.816−0.545%$155.0M$119.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.847−0.514%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.790−0.572%$3.1M$999K15xas long as short
Aftermath Perps BRENTUSD+0.0082%1h97.808−0.554%$7K$41K5xas long as short
Hotstuff BRENTOIL-PERP+0.0096%1h97.790−0.572%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.820−0.541%$3.8M$826K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.780−0.582%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0157%1h97.818−0.543%$82K$208K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.795−0.567%$116K111xas long as short