BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.014%

Price spread now: Paradex against Bybit−0.049%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.049% cheaper against Bybit than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BZUSDT	96.220	0	get 0.0000% / 8h	20m 16s	$10.5M	$16.1M	100x
Short	Paradex BZ-USD-PERP	96.173	0.0026	get 0.0026% / 8h	20m 16s	$3K	$521	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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 BybitbpFee ParadexbpOrdersPrice spread, now −0.049%Rate

Funding earned: $5.42
Price spread: −0.049% → 0.000%: −$4.92
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$14.5
Costs to cover: 0.150%
Break-even: 25.7 days

Slippage unknown: Bybit: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	0.52 bp	9.6 bp −$10	17.5 bp −$175	106.1 bp −$10.6K	doesn'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 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	96.205	−0.016%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.348	−0.906%	$8K	$7K	30x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0166%	1h	96.220	0.000%	$103K	$275K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0088%	1h	96.250	+0.031%	$33K	—	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0040%	1h	96.070	−0.156%	$232K	$565K	15x	as long as short
RISEx BZ/USDC	−0.0020%	1h	96.179	−0.042%	$2.2M	$1.3M	20x	as long as short
Aster BZUSDT	0.0000%	4h	96.210	−0.010%	$334K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.210	−0.011%	$145.8M	$454.8M	100x	as long as short
Bybit BZUSDTlong	0.0000%	8h	96.220	long leg	$10.5M	$16.1M	100x
OKX BZ-USDT-SWAP	0.0000%	4h	96.190	−0.031%	$15.8M	$26.6M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BZ_USDT	0.0000%	8h	96.160	−0.062%	$9.2M	$16.4M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.180	−0.042%	$27.6M	$20.5M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.172	−0.050%	$9.3M	$7.7M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.220	0.000%	$34K	$375K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.220	0.000%	$4K	$2.7M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.150	−0.073%	$306K	$249K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.360	+0.145%	$1.2M	$94K	100x	as long as short
edgeX BZUSDC	+0.0013%	4h	96.203	−0.018%	$220K	$233K	20x	as long as short
Paradex BZ-USD-PERPshort	+0.0026%	8h	96.173	−0.049%	$3K	$521	5x
BloFin BZ-USDT	+0.0029%	4h	96.150	−0.073%	$1.5M	$96K	50x	as long as short
Vest BZ-PERP	+0.0046%	1h	99.780	+3.700%	—	$735K	10x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.240	+0.021%	$151.1M	$144.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.257	+0.038%	$1.5M	$527K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0073%	1h	96.270	+0.052%	$6K	$44K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.130	−0.094%	$3.8M	$988K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.170	−0.052%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	96.255	+0.037%	$83K	$234K	20x	as long as short
Lighter BRENTOIL	+0.0304%	1h	96.220	0.000%	$3.3M	$4.3M	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0392%	1h	96.160	−0.062%	$3.1M	$1.1M	15x	as long as short
Extended XBR-USD	+0.0592%	1h	96.113	−0.111%	$670K	$5.2M	10x	as long as short