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

BZ

RWAall BZ markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.002%
7d averageif it closes, per $10,000$0funding while held, a day−$0.96
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BRENTOIL-PERP95.3400.0048pay 0.0006% / 1h41m 20s$33K20x
ShortedgeX BZUSDC95.3380.0016get 0.0008% / 4h3h 41m$218K$235K20x

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
−$0.17
Funding while held
−$0.96
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$15.13
Spread needed to break even
0.140%
Slippage unknown: Hotstuff: no order-book sample; edgeX: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0032%
Per $10,000 a day
$0.96
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 Hotstuff no order-book sample
Sell edgeX live order book, 2 min ago9.96 bp14.5 bp −$1416.5 bp −$16564.3 bp −$6,435doesn't fit
Hotstuff: 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 price on every exchange

against the cheapest. Click to use as the short leg.

BZ on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate BZ_USDT−0.283%0.0000%8h$9.1M$18.0M100xas long as short
GMX BRENTOIL/USD [ETH-USDC]−0.246%L +0.0027% / S +0.0059%1h$41K111xas long as short
Binance BZUSDT−0.241%0.0000%4h$144.7M$442.0M100xas long as short
Bybit BZUSDT−0.241%0.0000%8h$10.5M$16.0M100xas long as short
OKX BZ-USDT-SWAP−0.241%0.0000%4h$15.9M$30.6M50xas long as short
KuCoin BZUSDTM−0.220%+0.0100%4h$3.7M$925K50xas long as short
Ondo Perps BRENT-USD.P−0.210%+0.0050%1h$3.0M$990K15xas long as short
Bitget BZUSDT−0.210%0.0000%4h$27.5M$21.9M100xas long as short
tradeXYZ xyz:BRENTOIL−0.202%+0.0050%1h$136.2M$130.6M20xas long as short
Extended XBR-USD−0.188%+0.0032%1h$675K$5.2M10xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Polymarket Perps BRENTOIL-USD−0.169%+0.0050%1h$1.5M$569K20xas long as short
Lighter BRENTOIL−0.157%+0.0032%1h$3.2M$4.0M20xas long as short
Paradex BZ-USD-PERP−0.143%+0.0046%8h$3K$2825xas long as short
RISEx BZ/USDC−0.136%−0.0024%1h$2.1M$1.0M20xas long as short
Aster BZUSDT−0.125%0.0000%4h$346K$1.6M50xas long as short
HTX BRENTOIL-USDT−0.073%0.0000%4h$281K$126K75xas long as short
edgeX BZUSDCshort−0.002%+0.0016%4h$218K$235K20x
Hotstuff BRENTOIL-PERPlong0.000%+0.0048%1h$33K20x
Injective BRENT/USDC PERP0.000%−0.0220%1h$10K$4K30xas long as short
Kraken Futures PF_BRENTOILUSD+0.009%−0.0215%1h$80K$363K20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL+0.010%−0.0065%1h$102K$262K15xas long as short
BloFin BZ-USDT+0.010%+0.0026%4h$1.5M$78K50xas long as short
SunX BRENTOIL-USDT+0.031%0.0000%4h$4K$2.7M20xas long as short
Variational Omni BZ+0.041%0.0000%4h$9.4M$11.8Mas long as short
ApeX Omni BZUSDT+0.063%+0.0100%1h$25K$271K50xas long as short
Aftermath Perps BRENTUSD+0.090%−0.0040%1h$6K$49K5xas long as short
Coinbase International BRENTOIL-PERP-INTX+0.147%−0.0048%1h$266K$713K15xas long as short
gTrade (Gains Network) BRENT/USD+0.517%L +0.0011% / S −0.0011%1has long as short
Phemex XBRUSDT+0.871%0.0000%4h$1.2M$92K100xas long as short
Vest BZ-PERP+4.070%+0.0046%1h$476K10xas long as short