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= +5.4% APRpaid last 24h +0.013%
Price spread now: Paradex against SunX+0.032%7-day average · 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 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.032% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BRENTOIL-USDT97.3200get 0.0000% / 4h2m 42s$4K$2.4M20x
ShortParadex BZ-USD-PERP97.3510.0050get 0.0050% / 8h2m 42s$2K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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
$10.45
Price spread: +0.032% → 0.000%
$3.22
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
$1.67
Costs to cover
0.120%
Break-even
5.9 days
Slippage unknown: SunX: live order book, 4 min ago; Paradex: 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 SunX live order book, 4 min ago18.47 bp22.5 bp −$2230.5 bp −$305doesn't fitdoesn't fit
Sell Paradex no order-book sample
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
Deribit BRENTOIL_USDC-PERPETUAL−0.0263%1h97.350+0.031%$100K$256K15xas long as short
Injective BRENT/USDC PERP−0.0220%1h96.342−1.005%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0056%1h97.480+0.164%$237K$402K15xas long as short
BloFin BZ-USDT−0.0049%4h97.330+0.010%$1.5M$99K50xas long as short
Ondo Perps BRENT-USD.P−0.0018%1h97.260−0.062%$3.1M$1.0M15xas long as short
Aster BZUSDT0.0000%4h97.393+0.075%$339K$860K50xas long as short
Binance BZUSDT0.0000%4h97.350+0.031%$148.2M$351.7M100xas long as short
Bybit BZUSDT0.0000%8h97.340+0.021%$10.3M$13.3M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h97.340+0.021%$16.1M$19.6M50xas long as short
RISEx BZ/USDC0.0000%1h97.284−0.037%$2.4M$1.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BZ_USDT0.0000%8h97.300−0.021%$9.2M$11.3M100xas long as short
Bitget BZUSDT0.0000%4h97.360+0.041%$27.9M$18.5M100xas long as short
Variational Omni BZ0.0000%4h97.402+0.084%$9.5M$6.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h97.430+0.113%$14K$332K25xas long as short
SunX BRENTOIL-USDTlong0.0000%4h97.320long leg$4K$2.4M20x
HTX BRENTOIL-USDT0.0000%4h97.290−0.031%$279K$254K75xas long as short
Phemex XBRUSDT0.0000%4h97.400+0.082%$1.2M$86K100xas long as short
edgeX BZUSDC+0.0003%4h97.432+0.115%$224K$229K20xas long as short
Vest BZ-PERP+0.0010%1h101.37+4.162%$735K10xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.921+0.618%as long as short
Lighter BRENTOIL+0.0032%1h97.340+0.021%$3.3M$4.0M20xas long as short
Extended XBR-USD+0.0032%1h97.381+0.063%$747K$2.9M10xas long as short
Paradex BZ-USD-PERPshort+0.0050%8h97.351+0.032%$2K$1K5x
tradeXYZ xyz:BRENTOIL+0.0050%1h97.376+0.058%$155.5M$115.4M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.382+0.064%$1.6M$395K20xas long as short
Aftermath Perps BRENTUSD+0.0076%1h97.350+0.030%$7K$40K5xas long as short
Hotstuff BRENTOIL-PERP+0.0088%1h97.340+0.021%$34K20xas long as short
KuCoin BZUSDTM+0.0100%4h97.390+0.072%$3.8M$799K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.450+0.134%$26K$273K50xas long as short
Kraken Futures PF_BRENTOILUSD+0.0113%1h97.350+0.030%$82K$200K20xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0329% / S −0.2771%1h97.345+0.026%$116K111xas long as short