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−0.0050%/8h= −5.5% APRnext payment $0.50 per $10,000 · paid last 24h −0.013%
Price spread now: Gate against Paradex−0.029%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.029% cheaper against Paradex than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BZ-USD-PERP97.5090.0050pay 0.0050% / 8h2h 47m$3K$3365x
ShortGate BZ_USDT97.4800get 0.0000% / 8h2h 47m$9.2M$11.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Paradex. 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
−$10.5
Price spread: −0.029% → 0.000%
−$2.95
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$32.45
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 1 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 Paradex no order-book sample
Sell Gate live order book, 1 min ago0.51 bp12.7 bp −$1320.7 bp −$20732.1 bp −$3,21544.0 bp −$22.0K
Paradex: 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 PERP−0.0220%1h96.684−0.846%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.460−0.050%$237K$441K15xas long as short
BloFin BZ-USDT−0.0040%4h97.520+0.012%$1.5M$97K50xas long as short
Aster BZUSDT0.0000%4h97.523+0.015%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.520+0.012%$147.5M$364.6M100xas long as short
Bybit BZUSDT0.0000%8h97.520+0.012%$10.4M$12.5M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.530+0.022%$16.1M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h97.490−0.019%$2.4M$1.7M20xas long as short
Gate BZ_USDTshort0.0000%8h97.480−0.029%$9.2M$11.6M100x
Bitget BZUSDT0.0000%4h97.510+0.001%$28.0M$16.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.488−0.021%$9.3M$6.9Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.497−0.012%$26K$315K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.520+0.012%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.510+0.001%$101K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.450−0.060%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.520+0.012%$1.2M$83K100xas long as short
edgeX BZUSDC+0.0001%4h97.457−0.053%$224K$228K20xas long as short
Kraken Futures PF_BRENTOILUSD+0.0009%1h97.504−0.005%$82K$208K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.067+0.572%as long as short
Vest BZ-PERP+0.0020%1h101.57+4.165%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.520+0.012%$3.2M$4.6M20xas long as short
Extended XBR-USD+0.0032%1h97.522+0.014%$680K$3.9M10xas long as short
Paradex BZ-USD-PERPlong+0.0050%8h97.509long leg$3K$3365x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.528+0.020%$153.8M$125.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.529+0.021%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.460−0.050%$3.1M$1.0M15xas long as short
Aftermath Perps BRENTUSD+0.0054%1h97.490−0.019%$7K$42K5xas long as short
Hotstuff BRENTOIL-PERP+0.0056%1h97.530+0.022%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.570+0.063%$3.8M$837K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.520+0.012%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0295% / S −0.2195%1h97.515+0.006%$115K111xas long as short