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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%
Price spread now: Bitget against OKX+0.021%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 days+0.023%+$2 · spread now +0.021%, 7d avg +0.015%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BZ-USDT-SWAP95.8100get 0.0000% / 4h1h 45m$15.8M$27.8M50x
ShortBitget BZUSDT95.8300get 0.0000% / 4h1h 45m$27.4M$22.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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% → +0.015%
$0.55
Slippage, 4 orders
−$8.29
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$29.74
Costs to cover
0.303%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: 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 OKX live order book, 3 min ago0.52 bp6.2 bp −$69.8 bp −$9827.7 bp −$2,769doesn't fit
Sell Bitget live order book, 3 min ago1.04 bp8.6 bp −$912.6 bp −$12626.6 bp −$2,66266.8 bp −$33.4K

BZ on 30 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
GMX BRENTOIL/USD [ETH-USDC]L −0.0762% / S +0.0137%1h95.835+0.026%$114K29xas long as short
Ondo Perps BRENT-USD.P−0.0575%1h95.790−0.021%$3.0M$1.1M15xas long as short
Hotstuff BRENTOIL-PERP−0.0352%1h95.8100.000%$33K20xas long as short
Injective BRENT/USDC PERP−0.0220%1h95.248−0.587%$8K$7K30xas long as short
Lighter BRENTOIL−0.0128%1h95.830+0.021%$3.3M$4.2M20xas long as short
tradeXYZ xyz:BRENTOIL−0.0098%1h95.816+0.006%$147.4M$146.9M20xas long as short
RISEx BZ/USDC−0.0075%1h95.825+0.015%$2.2M$1.3M20xas long as short
GRVT BZ_USDT_Perp−0.0042%4h95.760−0.052%$34K$396K25xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0016%1h96.050+0.250%$232K$676K15xas long as short
Paradex BZ-USD-PERP−0.0015%8h95.833+0.024%$3K$5215xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BZUSDT0.0000%4h95.848+0.040%$333K$1.5M50xas long as short
Binance BZUSDT0.0000%4h95.820+0.010%$145.3M$482.1M100xas long as short
Bybit BZUSDT0.0000%8h95.8100.000%$10.2M$16.7M100xas long as short
OKX BZ-USDT-SWAPlong0.0000%4h95.810long leg$15.8M$27.8M50x
Gate BZ_USDT0.0000%8h95.790−0.021%$9.2M$18.0M100xas long as short
Bitget BZUSDTshort0.0000%4h95.830+0.021%$27.4M$22.3M100x
Variational Omni BZ0.0000%4h95.737−0.076%$9.2M$9.2Mas long as short
SunX BRENTOIL-USDT0.0000%4h95.840+0.031%$4K$2.7M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h95.880+0.073%$102K$279K15xas long as short
HTX BRENTOIL-USDT0.0000%4h95.790−0.021%$305K$259K75xas long as short
Phemex XBRUSDT0.0000%4h95.890+0.083%$1.2M$100K100xas long as short
edgeX BZUSDC+0.0005%4h95.735−0.078%$219K$234K20xas long as short
Aftermath Perps BRENTUSD+0.0011%1h95.811+0.002%$5K$45K5xas long as short
Extended XBR-USD+0.0032%1h95.897+0.091%$670K$5.3M10xas long as short
Vest BZ-PERP+0.0046%1h100.03+4.405%$735K10xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h95.872+0.065%$1.5M$529K20xas long as short
BloFin BZ-USDT+0.0054%4h95.840+0.031%$1.5M$95K50xas long as short
KuCoin BZUSDTM+0.0100%4h95.830+0.021%$3.7M$1.0M50xas long as short
ApeX Omni BZUSDT+0.0100%1h95.830+0.021%$25K$271K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0556%1h95.851+0.043%$81K$244K20xas long as short