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+0.2722%/8h= +298.0% APRpaid last 24h +0.056%
Price spread now: GMX against Paradex−0.001%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 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$82 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BZ-USD-PERP97.4560.0050pay 0.0050% / 8h7m 40s$2K$1K5x
ShortGMX BRENTOIL/USD [ETH-USDC]97.455L +0.0329% / S −0.2771%get 0.0346% / 1h7m 40s$116K111x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$571.54
Price spread: −0.001% → 0.000%
−$0.08
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
$555.46
Costs to cover
0.160%
Break-even
0.2 days
Slippage unknown: Paradex: no order-book sample; GMX: 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 Paradex no order-book sample
Sell GMX no order-book sample
Paradex and GMX: 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−0.0263%1h97.460+0.004%$100K$256K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−1.143%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.025%$237K$402K15xas long as short
Ondo Perps BRENT-USD.P−0.0014%1h97.390−0.067%$3.1M$1.0M15xas long as short
Aster BZUSDT0.0000%4h97.470+0.015%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.451−0.005%$148.4M$350.9M100xas long as short
Bybit BZUSDT0.0000%8h97.460+0.004%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.430−0.026%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.411−0.046%$2.4M$1.7M20xas long as short
Gate BZ_USDT0.0000%8h97.400−0.057%$9.2M$11.2M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BZUSDT0.0000%4h97.460+0.004%$27.9M$18.5M100xas long as short
Variational Omni BZ0.0000%4h97.183−0.280%$9.4M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.187−0.276%$14K$332K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.430−0.026%$4K$2.4M20xas long as short
HTX BRENTOIL-USDT0.0000%4h97.430−0.026%$280K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.450−0.006%$1.2M$86K100xas long as short
Vest BZ-PERP+0.0010%1h101.48+4.129%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.043+0.603%as long as short
edgeX BZUSDC+0.0020%4h97.166−0.298%$223K$228K20xas long as short
BloFin BZ-USDT+0.0022%4h97.410−0.047%$1.5M$99K50xas long as short
Lighter BRENTOIL+0.0032%1h97.450−0.006%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.4560.000%$737K$2.9M10xas long as short
Paradex BZ-USD-PERPlong+0.0050%8h97.456long leg$2K$1K5x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.485+0.030%$155.8M$115.0M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.496+0.041%$1.6M$398K20xas long as short
Aftermath Perps BRENTUSD+0.0082%1h97.226−0.236%$7K$40K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.440−0.016%$3.8M$801K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.230−0.232%$25K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.480+0.025%$82K$200K20xas long as short
Hotstuff BRENTOIL-PERP+0.0120%1h97.430−0.026%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]shortL +0.0329% / S −0.2771%1h97.455−0.001%$116K111x