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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against HTX−0.021%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.021%, 7d avg −0.012%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BRENTOIL-USDT97.2900get 0.0000% / 4h3h 20m$279K$267K75x
ShortGate BZ_USDT97.2700get 0.0000% / 8h3h 20m$9.2M$12.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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
$0
Price spread: −0.021% → −0.012%
−$0.86
Slippage, 4 orders
−$59.42
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$87.28
Costs to cover
0.864%
Break-even
never at this rate
Slippage from HTX: live order book, 31 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 31 min ago1.54 bp20.7 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago1.03 bp10.7 bp −$1119.8 bp −$19830.2 bp −$3,02042.7 bp −$21.3K

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%1h96.628−0.680%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.270−0.021%$233K$439K15xas long as short
Aster BZUSDT0.0000%4h97.341+0.052%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.305+0.016%$147.2M$366.9M100xas long as short
Bybit BZUSDT0.0000%8h97.300+0.010%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.300+0.010%$16.1M$20.4M50xas long as short
RISEx BZ/USDC0.0000%1h97.275−0.015%$2.4M$1.7M20xas long as short
Gate BZ_USDTshort0.0000%8h97.270−0.021%$9.2M$12.2M100x
Bitget BZUSDT0.0000%4h97.300+0.010%$27.9M$16.6M100xas long as short
Variational Omni BZ0.0000%4h97.278−0.012%$9.3M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.313+0.024%$29K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.320+0.031%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.310+0.021%$104K$246K15xas long as short
HTX BRENTOIL-USDTlong0.0000%4h97.290long leg$279K$267K75x
Phemex XBRUSDT0.0000%4h97.440+0.154%$1.2M$82K100xas long as short
edgeX BZUSDC+0.0010%4h97.311+0.022%$223K$227K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.840+0.566%as long as short
BloFin BZ-USDT+0.0013%4h97.2900.000%$1.5M$91K50xas long as short
Vest BZ-PERP+0.0027%1h101.36+4.183%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.300+0.010%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.321+0.032%$680K$4.0M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.284−0.006%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.307+0.017%$153.6M$125.9M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.337+0.048%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.240−0.051%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.312+0.023%$82K$208K20xas long as short
Aftermath Perps BRENTUSD+0.0098%1h97.335+0.046%$7K$43K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.340+0.051%$3.8M$852K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.340+0.051%$26K$274K50xas long as short
Hotstuff BRENTOIL-PERP+0.0136%1h97.300+0.010%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0259% / S −0.1442%1h97.295+0.005%$115K111xas long as short