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+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.037%
Price spread now: Ondo Perps against Vest−4.008%7-day average −3.288% · 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)+0.144%+$14 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now −4.008%, 7d avg −3.288%
Together, before fees+0.197%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.720% cheaper against Vest than usual: you would sell low and buy high, −$72 on $10k if it goes back to its 7-day average of −3.288%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest BZ-PERP101.050.0046pay 0.0006% / 1h50m 06s$735K10x
ShortOndo Perps BRENT-USD.P97.0000.0050get 0.0006% / 1h50m 06s$3.1M$1.1M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Vest. 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
$0.99
Price spread: −4.008% → −3.288%
−$72.04
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$78.05
Costs to cover
0.070%
Break-even
558.2 days
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and 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 30 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%1h96.207−4.793%$8K$7K30xas long as short
Coinbase International BRENTOIL-PERP-INTX−0.0104%1h96.810−4.196%$234K$425K15xas long as short
Aster BZUSDT0.0000%4h96.983−4.025%$337K$998K50xas long as short
Binance BZUSDT0.0000%4h96.990−4.018%$146.6M$375.6M100xas long as short
Bybit BZUSDT0.0000%8h96.980−4.028%$10.3M$13.4M100xas long as short
OKX BZ-USDT-SWAP0.0000%4h96.980−4.028%$15.9M$20.8M50xas long as short
RISEx BZ/USDC0.0000%1h97.011−3.997%$2.3M$1.3M20xas long as short
Hotstuff BRENTOIL-PERP0.0000%1h97.030−3.978%$33K20xas long as short
Gate BZ_USDT0.0000%8h96.960−4.048%$9.2M$12.3M100xas long as short
Bitget BZUSDT0.0000%4h97.020−3.988%$27.4M$16.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BZ0.0000%4h97.006−4.002%$9.4M$7.1Mas long as short
GRVT BZ_USDT_Perp0.0000%4h96.921−4.086%$37K$343K25xas long as short
SunX BRENTOIL-USDT0.0000%4h97.020−3.988%$4K$2.5M20xas long as short
Deribit BRENTOIL_USDC-PERPETUAL0.0000%1h96.990−4.018%$104K$239K15xas long as short
HTX BRENTOIL-USDT0.0000%4h96.990−4.018%$278K$269K75xas long as short
Phemex XBRUSDT0.0000%4h97.010−3.998%$1.2M$84K100xas long as short
gTrade (Gains Network) BRENT/USDL +0.0011% / S −0.0011%1h97.529−3.484%as long as short
edgeX BZUSDC+0.0015%4h96.887−4.119%$222K$227K20xas long as short
Lighter BRENTOIL+0.0032%1h96.990−4.018%$3.3M$4.5M20xas long as short
Extended XBR-USD+0.0032%1h97.007−4.001%$677K$4.9M10xas long as short
Vest BZ-PERPlong+0.0046%1h101.05long leg$735K10x
Paradex BZ-USD-PERP+0.0049%8h97.016−3.992%$3K$3365xas long as short
tradeXYZ xyz:BRENTOIL+0.0050%1h96.998−4.010%$152.0M$125.6M20xas long as short
Polymarket Perps BRENTOIL-USD+0.0050%1h97.062−3.947%$1.5M$446K20xas long as short
Ondo Perps BRENT-USD.Pshort+0.0050%1h97.000−4.008%$3.1M$1.1M15x
KuCoin BZUSDTM+0.0100%4h97.040−3.968%$3.8M$876K50xas long as short
ApeX Omni BZUSDT+0.0100%1h96.970−4.038%$25K$273K50xas long as short
GMX BRENTOIL/USD [ETH-USDC]L +0.0180% / S +0.0062%1h96.985−4.023%$126K111xas long as short
Aftermath Perps BRENTUSD+0.0198%1h96.969−4.039%$7K$44K5xas long as short
Kraken Futures PF_BRENTOILUSD+0.0298%1h97.027−3.981%$84K$218K20xas long as short