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

BZ

RWAall BZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0111%/8h= +12.2% APRnext payment +$0.14 per $10,000 · paid last 24h +0.006%
Price spread now: Aftermath Perps against tradeXYZ+0.045%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aftermath Perps is 0.045% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BRENTOIL96.9180.0050pay 0.0006% / 1h24m 40s$151.8M$125.1M20x
ShortAftermath Perps BRENTUSD96.9610.0161get 0.0020% / 1h24m 40s$7K$43K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against tradeXYZ. 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
$23.4
Price spread: +0.045% → 0.000%
$4.47
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$0.86
Costs to cover
0.270%
Break-even
6.7 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Aftermath 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 tradeXYZ live order book, 4 min ago0.21 bp9.6 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath 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%1h96.164−0.778%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.900−0.019%$233K$431K15xas long as short
Aster BZUSDT0.0000%4h96.923+0.006%$336K$984K50xas long as short
Binance BZUSDT0.0000%4h96.910−0.008%$146.7M$373.8M100xas long as short
Bybit BZUSDT0.0000%8h96.880−0.039%$10.3M$13.2M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.900−0.019%$16.0M$20.5M50xas long as short
RISEx BZ/USDC0.0000%1h96.970+0.054%$2.3M$1.3M20xas long as short
Gate BZ_USDT0.0000%8h96.880−0.039%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h96.920+0.002%$27.4M$16.3M100xas long as short
Variational Omni BZ0.0000%4h96.955+0.038%$9.3M$7.1Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BZ_USDT_Perp0.0000%4h96.959+0.042%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.000+0.085%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.990+0.074%$103K$243K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.920+0.002%$278K$268K75xas long as short
Phemex XBRUSDT0.0000%4h96.990+0.074%$1.2M$85K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.532+0.633%as long as short
edgeX BZUSDC+0.0018%4h96.953+0.037%$222K$227K20xas long as short
BloFin BZ-USDT+0.0024%4h96.980+0.064%$1.5M$86K50xas long as short
Lighter BRENTOIL+0.0032%1h96.900−0.019%$3.3M$4.7M20xas long as short
Extended XBR-USD+0.0032%1h96.929+0.011%$676K$4.7M10xas long as short
Vest BZ-PERP+0.0043%1h101.04+4.253%$735K10xas long as short
Paradex BZ-USD-PERP+0.0050%8h96.978+0.062%$3K$3365xas long as short
tradeXYZ xyz:BRENTOILlong+0.0050%1h96.918long leg$151.8M$125.1M20x
Polymarket Perps BRENTOIL-USD+0.0050%1h97.038+0.124%$1.5M$444K20xas long as short
Ondo Perps BRENT-USD.P+0.0050%1h96.900−0.019%$3.1M$1.1M15xas long as short
KuCoin BZUSDTM+0.0100%4h97.010+0.095%$3.8M$869K50xas long as short
ApeX Omni BZUSDT+0.0100%1h97.000+0.085%$25K$274K50xas long as short
Hotstuff BRENTOIL-PERP+0.0112%1h96.990+0.074%$33K20xas long as short
Aftermath Perps BRENTUSDshort+0.0161%1h96.961+0.045%$7K$43K5x
GMX BRENTOIL/USD [ETH-USDC]L +0.0183% / S +0.0041%1h96.985+0.069%$126K111xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h97.011+0.096%$84K$218K20xas long as short