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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.020%
Price spread now: Ondo Perps against RISEx−0.049%7-day average −0.147% · 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)−0.098%−$10 on $10k
Price spread, last 7 days−0.469%−$47 · spread now −0.049%, 7d avg −0.147%
Together, before fees−0.567%+ Points / potential airdropOndo Perps: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.098% dearer against RISEx than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.147%. Mind the row above: over the last 4 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BZ/USDC97.5680get 0.0000% / 1h8m 16s$2.4M$1.7M20x
ShortOndo Perps BRENT-USD.P97.5200.0050get 0.0006% / 1h8m 16s$3.1M$998K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.049% → −0.147%
$9.81
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$9.4
Costs to cover
0.110%
Break-even
0.8 days
Slippage unknown: RISEx: live order book, 1 min ago; Ondo Perps: 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 RISEx live order book, 1 min ago1.13 bp4.1 bp −$45.9 bp −$59doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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%1h96.939−0.645%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0096%1h97.530−0.039%$235K$426K15xas long as short
Aster BZUSDT0.0000%4h97.619+0.053%$339K$930K50xas long as short
Binance BZUSDT0.0000%4h97.620+0.053%$147.6M$358.6M100xas long as short
Bybit BZUSDT0.0000%8h97.610+0.043%$10.3M$12.6M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.620+0.053%$16.1M$20.5M50xas long as short
RISEx BZ/USDClong0.0000%1h97.568long leg$2.4M$1.7M20x
Gate BZ_USDT0.0000%8h97.600+0.033%$9.3M$11.7M100xas long as short
Bitget BZUSDT0.0000%4h97.610+0.043%$27.7M$17.3M100xas long as short
Variational Omni BZ0.0000%4h97.668+0.102%$9.4M$7.0Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h97.687+0.122%$34K$307K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.650+0.084%$4K$2.4M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h97.620+0.053%$100K$249K15xas long as short
HTX BRENTOIL-USDT0.0000%4h97.630+0.064%$280K$253K75xas long as short
Phemex XBRUSDT0.0000%4h97.610+0.043%$1.2M$80K100xas long as short
Kraken Futures PF_BRENTOILUSD+0.0009%1h97.630+0.064%$82K$208K20xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h98.169+0.616%as long as short
Vest BZ-PERP+0.0015%1h101.65+4.184%$735K10xas long as short
edgeX BZUSDC+0.0018%4h97.666+0.101%$225K$227K20xas long as short
BloFin BZ-USDT+0.0028%4h97.620+0.053%$1.5M$95K50xas long as short
Lighter BRENTOIL+0.0032%1h97.630+0.064%$3.2M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h97.633+0.067%$681K$3.6M10xas long as short
Hotstuff BRENTOIL-PERP+0.0040%1h97.630+0.064%$34K20xas long as short
Paradex BZ-USD-PERP+0.0050%8h97.592+0.025%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h97.634+0.068%$154.4M$122.8M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.641+0.075%$1.6M$463K20xas long as short
Ondo Perps BRENT-USD.Pshort+0.0050%1h97.520−0.049%$3.1M$998K15x
Aftermath Perps BRENTUSD+0.0072%1h97.632+0.065%$7K$42K5xas long as short
KuCoin BZUSDTM+0.0100%4h97.610+0.043%$3.8M$832K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.690+0.125%$26K$274K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0328% / S −0.2771%1h97.625+0.058%$116K111xas long as short