BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.032%

Price spread now: Aster against KuCoin−0.040%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.178%−$18 on $10k

Price spread, last 7 days+0.142%+$14 · spread now −0.040%, 7d avg −0.015%

Together, before fees−0.036%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.025% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BZUSDTM	97.570	0.0100	pay 0.0050% / 4h	2h 45m	$3.8M	$837K	50x
Short	Aster BZUSDT	97.531	0	get 0.0000% / 4h	2h 45m	$339K	$930K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$21
Price spread: −0.040% → −0.015%: −$2.51
Slippage, 4 orders: −$13.5
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$57.01
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; Aster: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 7 min ago	0.51 bp	7.5 bp −$8	42.1 bp −$421	doesn't fit	doesn't fit
Sell Aster live order book, 8 min ago	2.05 bp	6.1 bp −$6	10.8 bp −$108	84.3 bp −$8,426	doesn't fit

BZ on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BRENT/USDC PERP	−0.0220%	1h	96.684	−0.908%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.460	−0.113%	$237K	$436K	15x	as long as short
BloFin BZ-USDT	−0.0017%	4h	97.540	−0.031%	$1.5M	$97K	50x	as long as short
Aster BZUSDTshort	0.0000%	4h	97.531	−0.040%	$339K	$930K	50x
Binance BZUSDT	0.0000%	4h	97.522	−0.049%	$147.6M	$363.6M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.530	−0.041%	$10.4M	$12.5M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.530	−0.041%	$16.1M	$20.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.494	−0.078%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.480	−0.092%	$9.2M	$11.6M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.510	−0.061%	$28.0M	$16.5M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	97.498	−0.074%	$9.3M	$6.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.509	−0.063%	$26K	$315K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.540	−0.031%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.530	−0.041%	$101K	$249K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.460	−0.113%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.540	−0.031%	$1.2M	$83K	100x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.518	−0.053%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.062	+0.504%	—	—	—	as long as short
edgeX BZUSDC	+0.0012%	4h	97.490	−0.082%	$224K	$229K	20x	as long as short
Vest BZ-PERP	+0.0020%	1h	101.57	+4.100%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.520	−0.051%	$3.2M	$4.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.528	−0.043%	$680K	$3.8M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.513	−0.059%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.536	−0.035%	$153.8M	$125.4M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.544	−0.027%	$1.6M	$463K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0050%	1h	97.497	−0.075%	$7K	$42K	5x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.460	−0.113%	$3.1M	$1.0M	15x	as long as short
KuCoin BZUSDTMlong	+0.0100%	4h	97.570	long leg	$3.8M	$837K	50x
ApeX Omni BZUSDT	+0.0100%	1h	97.520	−0.051%	$26K	$274K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0104%	1h	97.530	−0.041%	$34K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0297% / S −0.2242%	1h	97.515	−0.056%	$115K	—	111x	as long as short