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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.013%
Price spread now: Paradex against Gate−0.017%45s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BZ_USDT97.6400get 0.0000% / 8h2h 25m$9.3M$11.7M100x
ShortParadex BZ-USD-PERP97.6230.0050get 0.0050% / 8h2h 25m$3K$3365x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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
$10.5
Price spread: −0.017% → 0.000%
−$1.74
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$10.24
Costs to cover
0.190%
Break-even
13.8 days
Slippage unknown: Gate: live order book, 3 min ago; Paradex: 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 Gate live order book, 3 min ago1.54 bp10.9 bp −$1118.1 bp −$18130.9 bp −$3,09142.7 bp −$21.4K
Sell Paradex no order-book sample
Paradex: 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%1h96.783−0.878%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.530−0.113%$235K$434K15xas long as short
BloFin BZ-USDT−0.0015%4h97.620−0.020%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h97.697+0.059%$340K$930K50xas long as short
Binance BZUSDT0.0000%4h97.694+0.056%$147.9M$362.5M100xas long as short
Bybit BZUSDT0.0000%8h97.680+0.041%$10.3M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.680+0.041%$16.1M$20.7M50xas long as short
RISEx BZ/USDC0.0000%1h97.615−0.025%$2.4M$1.7M20xas long as short
Gate BZ_USDTlong0.0000%8h97.640long leg$9.3M$11.7M100x
Bitget BZUSDT0.0000%4h97.680+0.041%$28.0M$16.5M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.619−0.022%$9.4M$7.0Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.601−0.040%$34K$309K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.650+0.010%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.630−0.010%$101K$250K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.590−0.051%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.620−0.020%$1.2M$83K100xas long as short
edgeX BZUSDC+0.0001%4h97.537−0.106%$225K$227K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0009%1h97.644+0.005%$82K$208K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.174+0.547%as long as short
Vest BZ-PERP+0.0017%1h101.69+4.148%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.690+0.051%$3.3M$4.6M20xas long as short
Extended XBR-USD+0.0032%1h97.672+0.033%$680K$3.7M10xas long as short
Paradex BZ-USD-PERPshort+0.0050%8h97.623−0.017%$3K$3365x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.707+0.069%$154.3M$124.5M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.674+0.035%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.590−0.051%$3.1M$1.0M15xas long as short
Aftermath Perps BRENTUSD+0.0059%1h97.607−0.033%$7K$42K5xas long as short
Hotstuff BRENTOIL-PERP+0.0064%1h97.630−0.010%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.680+0.041%$3.8M$833K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.670+0.031%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0318% / S −0.2532%1h97.625−0.015%$116K111xas long as short