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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.004%
Price spread now: edgeX against RISEx−0.004%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.378% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.130%−$13 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.004%, 7d avg −0.056%
Together, before fees−0.217%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.051% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.056%. Mind the row above: over the last 4 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BZ/USDC97.4710get 0.0000% / 1h4m 49s$2.4M$1.7M20x
ShortedgeX BZUSDC97.4670.0010get 0.0005% / 4h3h 04m$224K$227K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against RISEx. 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
$2.05
Price spread: −0.004% → −0.056%
$5.11
Slippage, 4 orders
−$22.79
Fee RISEx: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$30.62
Costs to cover
0.378%
Break-even
111.4 days
Slippage from RISEx: live order book, 4 min ago; edgeX: live order book, 47 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 RISEx live order book, 4 min ago1.08 bp4.1 bp −$44.7 bp −$47doesn't fitdoesn't fit
Sell edgeX live order book, 47 min ago10.29 bp14.8 bp −$1516.8 bp −$168100.8 bp −$10.1Kdoesn't fit

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%1h96.536−0.959%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0088%1h97.460−0.011%$237K$443K15xas long as short
Aster BZUSDT0.0000%4h97.496+0.026%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.496+0.026%$147.4M$366.8M100xas long as short
Bybit BZUSDT0.0000%8h97.500+0.030%$10.4M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.500+0.030%$16.1M$20.5M50xas long as short
RISEx BZ/USDClong0.0000%1h97.471long leg$2.4M$1.7M20x
Gate BZ_USDT0.0000%8h97.460−0.011%$9.2M$12.2M100xas long as short
Bitget BZUSDT0.0000%4h97.490+0.019%$28.0M$16.6M100xas long as short
Variational Omni BZ0.0000%4h97.468−0.003%$9.3M$6.9Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.490+0.020%$26K$314K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.510+0.040%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.500+0.030%$101K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.460−0.011%$280K$267K75xas long as short
Phemex XBRUSDT0.0000%4h97.530+0.060%$1.2M$82K100xas long as short
edgeX BZUSDCshort+0.0010%4h97.467−0.004%$224K$227K20x
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.042+0.586%as long as short
BloFin BZ-USDT+0.0022%4h97.490+0.019%$1.5M$97K50xas long as short
Vest BZ-PERP+0.0023%1h101.55+4.185%$735K10xas long as short
Lighter BRENTOIL+0.0032%1h97.500+0.030%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.509+0.039%$680K$3.9M10xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.494+0.023%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.514+0.044%$153.8M$125.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.517+0.047%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h97.450−0.022%$3.1M$1.0M15xas long as short
Kraken Futures PF_BRENTOILUSD+0.0063%1h97.480+0.009%$82K$208K20xas long as short
Aftermath Perps BRENTUSD+0.0077%1h97.461−0.011%$7K$42K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.570+0.102%$3.8M$849K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.480+0.009%$26K$274K50xas long as short
Hotstuff BRENTOIL-PERP+0.0104%1h97.500+0.030%$34K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0276% / S −0.1799%1h97.485+0.014%$115K111xas long as short