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−0.0103%/8h= −11.3% APRnext payment $0.13 per $10,000 · paid last 24h −0.016%
Price spread now: Vest against Kraken Futures+4.183%7-day average +3.176% · 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)+0.336%+$34 on $10k
Price spread, last 4 days (all we have)−0.574%−$57 · spread now +4.183%, 7d avg +3.176%
Together, before fees−0.239%+ Points / potential airdropVest: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 1.007% dearer against Kraken Futures than usual: you sell high and buy low (spread +4.183% now, against its 7-day average of +3.176%): +$101 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 days. Mind the row above: over the last 4 days funding on this pair paid +0.336%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BRENTOILUSD97.3290.0113pay 0.0014% / 1h4m 04s$82K$200K20x
ShortVest BZ-PERP101.400.0010get 0.0001% / 1h4m 04s$735K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Kraken Futures. 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
−$21.71
Price spread: +4.183% → +3.176%
$100.7
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$66.99
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Kraken Futures: live order book, 33 min ago; Vest: 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 Kraken Futures live order book, 33 min ago5.44 bp11.6 bp −$1219.7 bp −$197doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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
Deribit BRENTOIL_USDC-PERPETUAL−0.0264%1h97.300−0.030%$100K$256K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−1.014%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.155%$237K$402K15xas long as short
BloFin BZ-USDT−0.0035%4h97.360+0.032%$1.5M$99K50xas long as short
Ondo Perps BRENT-USD.P−0.0016%1h97.350+0.022%$3.1M$1.0M15xas long as short
Aster BZUSDT0.0000%4h97.381+0.053%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.340+0.011%$148.2M$351.4M100xas long as short
Bybit BZUSDT0.0000%8h97.330+0.001%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.320−0.009%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.319−0.011%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.280−0.050%$9.2M$11.3M100xas long as short
Bitget BZUSDT0.0000%4h97.340+0.011%$27.9M$18.5M100xas long as short
Variational Omni BZ0.0000%4h97.402+0.075%$9.5M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.430+0.104%$14K$332K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.360+0.032%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.290−0.040%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.400+0.073%$1.2M$86K100xas long as short
edgeX BZUSDC+0.0003%4h97.432+0.106%$224K$229K20xas long as short
Vest BZ-PERPshort+0.0010%1h101.40+4.183%$735K10x
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.903+0.590%as long as short
Lighter BRENTOIL+0.0032%1h97.290−0.040%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.379+0.051%$743K$2.9M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.367+0.039%$2K$1K5xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.349+0.021%$155.4M$115.3M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.392+0.065%$1.6M$395K20xas long as short
Aftermath Perps BRENTUSD+0.0076%1h97.344+0.015%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.330+0.001%$3.8M$800K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.450+0.124%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSDlong+0.0113%1h97.329long leg$82K$200K20x
Hotstuff BRENTOIL-PERP+0.0168%1h97.440+0.114%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.325−0.004%$115K111xas long as short