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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h −0.037%
Price spread now: Vest against Ondo Perps+4.220%7-day average +3.288% · 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 3 days (all we have)−0.144%−$14 on $10k
Price spread, last 4 days (all we have)−0.265%−$26 · spread now +4.220%, 7d avg +3.288%
Together, before fees−0.408%+ Points / potential airdropOndo Perps: Active · Vest: Active · farm board−$41 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.932% dearer against Ondo Perps than usual: you sell high and buy low, +$93 on $10k if it goes back to its 7-day average of +3.288%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps BRENT-USD.P96.9300.0050pay 0.0006% / 1h49m 01s$3.1M$1.1M15x
ShortVest BZ-PERP101.020.0046get 0.0006% / 1h49m 01s$735K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Ondo Perps. 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
−$0.99
Price spread: +4.220% → +3.288%
$93.2
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
$85.21
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and 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 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
Injective BRENT/USDC PERP−0.0220%1h96.207−0.746%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.810−0.124%$234K$425K15xas long as short
Aster BZUSDT0.0000%4h96.948+0.018%$337K$998K50xas long as short
Binance BZUSDT0.0000%4h96.940+0.010%$146.5M$375.6M100xas long as short
Bybit BZUSDT0.0000%8h96.940+0.010%$10.3M$13.4M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.950+0.021%$15.9M$20.8M50xas long as short
RISEx BZ/USDC0.0000%1h96.945+0.015%$2.3M$1.3M20xas long as short
Hotstuff BRENTOIL-PERP0.0000%1h96.990+0.062%$33K20xas long as short
Gate BZ_USDT0.0000%8h96.900−0.031%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h96.940+0.010%$27.4M$16.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.006+0.078%$9.4M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.011+0.084%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h96.970+0.041%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.960+0.031%$103K$239K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.990+0.062%$278K$269K75xas long as short
Phemex XBRUSDT0.0000%4h96.950+0.021%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.492+0.579%as long as short
edgeX BZUSDC+0.0015%4h96.887−0.044%$222K$227K20xas long as short
Lighter BRENTOIL+0.0032%1h96.960+0.031%$3.3M$4.5M20xas long as short
Extended XBR-USD+0.0032%1h96.968+0.039%$676K$4.9M10xas long as short
Vest BZ-PERPshort+0.0046%1h101.02+4.220%$735K10x
Paradex BZ-USD-PERP+0.0049%8h96.953+0.023%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.971+0.042%$151.9M$125.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.015+0.088%$1.5M$446K20xas long as short
Ondo Perps BRENT-USD.Plong+0.0050%1h96.930long leg$3.1M$1.1M15x
KuCoin BZUSDTM+0.0100%4h97.010+0.083%$3.8M$876K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.970+0.041%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0181% / S +0.0061%1h96.945+0.015%$126K111xas long as short
Aftermath Perps BRENTUSD+0.0197%1h97.000+0.072%$7K$44K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h96.977+0.048%$84K$218K20xas long as short