BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0109%/8h= −11.9% APRnext payment −$0.54 per $10,000 · paid last 24h −0.016%

Price spread now: edgeX against Bitget+0.017%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 5 days (all we have)−0.047%−$5 · spread now +0.017%, 7d avg −0.030%

Together, before fees+0.004%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.047% dearer against Bitget than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.030%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BZUSDT	95.830	−0.0090	get 0.0045% / 4h	2h 05m	$28.0M	$26.9M	100x
Short	edgeX BZUSDC	95.846	−0.0199	pay 0.0099% / 4h	2h 05m	$229K	$256K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$22.89
Price spread: +0.017% → −0.030%: $4.72
Slippage, 4 orders: −$25.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$64.74
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 55 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 Bitget live order book, 2 min ago	1.04 bp	7.8 bp −$8	10.1 bp −$101	30.4 bp −$3,038	54.4 bp −$27.2K
Sell edgeX live order book, 55 min ago	10.47 bp	15.0 bp −$15	16.3 bp −$163	62.4 bp −$6,238	doesn't fit

BZ on 31 exchanges

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 −0.0994% / S +0.0717%	1h	95.855	+0.026%	$177K	—	111x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0376%	1h	95.830	0.000%	$119K	$345K	15x	as long as short
RISEx BZ/USDC	−0.0292%	1h	95.860	+0.031%	$2.3M	$3.6M	20x	as long as short
edgeX BZUSDCshort	−0.0199%	4h	95.846	+0.017%	$229K	$256K	20x
Binance BZUSDT	−0.0191%	4h	95.822	−0.008%	$166.8M	$513.8M	100x	as long as short
OKX BZ-USDT-SWAP	−0.0188%	4h	95.820	−0.010%	$16.3M	$33.3M	50x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0183%	1h	95.876	+0.048%	$175K	$199K	20x	as long as short
Bybit BZUSDT	−0.0179%	8h	95.820	−0.010%	$10.2M	$18.9M	100x	as long as short
BloFin BZ-USDT	−0.0162%	4h	95.830	0.000%	$1.6M	$256K	50x	as long as short
Variational Omni BZ	−0.0151%	4h	95.893	+0.065%	$8.6M	$4.8M	—	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	−0.0114%	4h	95.848	+0.018%	$20K	$230K	25x	as long as short
Ondo Perps BRENT-USD.P	−0.0111%	1h	95.810	−0.021%	$3.0M	$1.0M	15x	as long as short
Aster BZUSDT	−0.0110%	4h	95.887	+0.060%	$324K	$476K	50x	as long as short
Bitget BZUSDTlong	−0.0090%	4h	95.830	long leg	$28.0M	$26.9M	100x
Hotstuff BRENTOIL-PERP	−0.0088%	1h	95.940	+0.115%	$33K	—	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0072%	1h	95.670	−0.167%	$251K	$1.6M	15x	as long as short
Gate BZ_USDT	−0.0070%	8h	95.760	−0.073%	$9.0M	$18.5M	100x	as long as short
Lighter BRENTOIL	−0.0040%	1h	95.820	−0.010%	$3.6M	$5.6M	20x	as long as short
Paradex BZ-USD-PERP	−0.0025%	8h	95.866	+0.038%	$2K	$2K	5x	as long as short
Aftermath Perps BRENTUSD	−0.0024%	1h	95.930	+0.104%	$8K	$31K	5x	as long as short
Vest BZ-PERP	−0.0022%	1h	99.500	+3.830%	—	$2K	10x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.800	−0.031%	$2K	$881K	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.780	−0.052%	$267K	$216K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.840	+0.010%	$1.2M	$74K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	96.225	+0.412%	—	—	—	as long as short
Extended XBR-USD	+0.0032%	1h	95.884	+0.056%	$791K	$4.4M	10x	as long as short
Injective BRENT/USDC PERP	+0.0033%	1h	93.959	−1.952%	$4K	$4K	30x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	95.884	+0.056%	$142.3M	$174.9M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	95.896	+0.069%	$1.5M	$698K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.840	+0.010%	$3.0M	$1.3M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.910	+0.083%	$28K	$272K	50x	as long as short