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+0.0181%/8h= +19.8% APRpaid last 24h +0.062%
Price spread now: BloFin against Injective+0.396%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.396% dearer against Injective than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BRENT/USDC PERP97.155−0.0220get 0.0028% / 1h50m 08s$8K$7K30x
ShortBloFin BZ-USDT97.540−0.0039pay 0.0020% / 4h50m 08s$1.5M$95K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$37.97
Price spread: +0.396% → 0.000%
$39.63
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$65.57
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 3 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 Injective no order-book sample
Sell BloFin live order book, 3 min ago1.02 bp7.0 bp −$78.7 bp −$8716.1 bp −$1,613doesn't fit
Injective: 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 PERPlong−0.0220%1h97.155long leg$8K$7K30x
Hotstuff BRENTOIL-PERP−0.0088%1h97.580+0.437%$34K20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL−0.0058%1h97.470+0.324%$100K$253K15xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.700+0.561%$237K$412K15xas long as short
BloFin BZ-USDTshort−0.0039%4h97.540+0.396%$1.5M$95K50x
Aster BZUSDT0.0000%4h97.449+0.303%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.440+0.293%$148.4M$354.2M100xas long as short
Bybit BZUSDT0.0000%8h97.420+0.273%$10.2M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.430+0.283%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.525+0.381%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.410+0.262%$9.2M$10.8M100xas long as short
Bitget BZUSDT0.0000%4h97.440+0.293%$27.9M$18.2M100xas long as short
Variational Omni BZ0.0000%4h97.526+0.382%$9.4M$6.7Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.709+0.570%$25K$321K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.490+0.345%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.510+0.365%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.500+0.355%$1.2M$87K100xas long as short
edgeX BZUSDC+0.0003%4h97.577+0.434%$225K$228K20xas long as short
Vest BZ-PERP+0.0008%1h101.67+4.647%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.048+0.919%as long as short
Ondo Perps BRENT-USD.P+0.0030%1h97.470+0.324%$3.1M$1.0M15xas long as short
Lighter BRENTOIL+0.0032%1h97.440+0.293%$3.3M$3.9M20xas long as short
Extended XBR-USD+0.0032%1h97.459+0.312%$736K$3.2M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.538+0.394%$2K$8635xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.469+0.323%$155.3M$114.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.593+0.451%$1.6M$462K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.470+0.324%$3.8M$805K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.610+0.468%$26K$273K50xas long as short
Aftermath Perps BRENTUSD+0.0100%1h97.613+0.472%$7K$40K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.520+0.376%$82K$201K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.495+0.350%$116K111xas long as short