BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.2% APRnext payment −$0.15 per $10,000 · paid last 24h +0.027%

Price spread now: RISEx against ApeX Omni−0.023%54s7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.472% of the position

Long on ApeX Omni Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.129%+$13 on $10k

Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.023%, 7d avg +0.026%

Together, before fees+0.226%+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and RISEx is 0.049% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.026%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.129%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BZUSDT	96.130	0.0100	pay 0.0013% / 1h	40m 15s	$25K	$271K	50x
Short	RISEx BZ/USDC	96.108	−0.0020	pay 0.0003% / 1h	40m 15s	$2.2M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee RISExbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$25.24
Price spread: −0.023% → +0.026%: −$4.91
Slippage, 4 orders: −$31.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$77.32
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 37 min ago; RISEx: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 37 min ago	8.85 bp	19.2 bp −$19	183.2 bp −$1,832	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	1.04 bp	4.0 bp −$4	5.2 bp −$52	doesn't fit	doesn't fit

BZ on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.125	−0.005%	$120K	—	111x	as long as short
Hotstuff BRENTOIL-PERP	−0.0328%	1h	96.150	+0.021%	$33K	—	20x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.369	−0.792%	$8K	$7K	30x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0166%	1h	96.160	+0.031%	$103K	$278K	15x	as long as short
tradeXYZ xyz:BRENTOIL	−0.0126%	1h	96.157	+0.028%	$149.7M	$145.0M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0040%	1h	96.070	−0.062%	$232K	$578K	15x	as long as short
RISEx BZ/USDCshort	−0.0020%	1h	96.108	−0.023%	$2.2M	$1.3M	20x
Binance BZUSDT	−0.0017%	4h	96.130	0.000%	$145.9M	$467.1M	100x	as long as short
GRVT BZ_USDT_Perp	−0.0012%	4h	96.060	−0.073%	$34K	$375K	25x	as long as short
BloFin BZ-USDT	−0.0002%	4h	96.090	−0.042%	$1.5M	$95K	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BZUSDT	0.0000%	4h	96.120	−0.010%	$334K	$1.4M	50x	as long as short
Bybit BZUSDT	0.0000%	8h	96.110	−0.021%	$10.4M	$16.0M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.110	−0.021%	$15.9M	$26.8M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	96.080	−0.052%	$9.2M	$16.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.120	−0.010%	$27.4M	$20.9M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.063	−0.070%	$9.3M	$7.9M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.150	+0.021%	$4K	$2.7M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.030	−0.104%	$306K	$249K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.130	0.000%	$1.2M	$96K	100x	as long as short
edgeX BZUSDC	+0.0003%	4h	95.988	−0.148%	$220K	$234K	20x	as long as short
Paradex BZ-USD-PERP	+0.0012%	8h	96.120	−0.011%	$3K	$521	5x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.100	−0.031%	$3.3M	$4.3M	20x	as long as short
Aftermath Perps BRENTUSD	+0.0034%	1h	96.128	−0.002%	$6K	$45K	5x	as long as short
Vest BZ-PERP	+0.0046%	1h	99.740	+3.755%	—	$735K	10x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.157	+0.028%	$1.5M	$529K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.040	−0.094%	$3.0M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.100	−0.031%	$3.8M	$989K	50x	as long as short
ApeX Omni BZUSDTlong	+0.0100%	1h	96.130	long leg	$25K	$271K	50x
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	96.139	+0.010%	$81K	$233K	20x	as long as short
Extended XBR-USD	+0.0136%	1h	96.015	−0.120%	$671K	$5.2M	10x	as long as short