Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 96.920 | −0.0369 | get 0.0046% / 1h | 51m 02s | $570K | $9.7M | 15x | Long Deribit | |
| SHORT | 96.960 | +0.0100 | get 0.0013% / 1h | 51m 02s | $405K | $228K | 20x | Short SoDEX |
Price gap+0.041%
Funding gap+0.0469% /8h
Both sides work: funding pays +$14 a day on $10k, and the gap is 0.029% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$36+0.0469% /8h now · paid +0.361% over the last 7D
Price+$3spread +0.041% now, avg +0.012% → +0.029% if it goes back
Costs−$560.560% of $10k · taker + slippage, in and out
Result−$17−0.17%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.041%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBZ on 36 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size4.2 / 20.1 bpAt $10k entering SoDEX costs 20.1 bp, fee and slippage, 4.8× Deribit’s.
- Note: Margin at max leverage$667 + $500Deribit 15x, SoDEX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$14.06Long Deribit: 24 payments, +$11.06; short SoDEX: 24 payments, +$3.00.
- OK: Entry gap works for you+0.041% vs +0.012%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$405K vs $570K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCDeribit Yes · SoDEX NoID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0172%/8h × 21 periods+$36.12
Price spread+0.041% → +0.012% (7d avg)+$2.89
Slippage, 4 orderslive order books−$41.00
Fee Deribit bp × 2 orders−$7.00
Fee SoDEX bp × 2 orders−$8.00
Net · 7 days · $10k−$17.00
Costs to cover0.560%Break-even10.3 days
Slippage: Deribit: live order book, 6 min ago; SoDEX: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit0.524.2 bp−$48.0 bp−$80doesn’t fitdoesn’t fit
SELL · SHORTSoDEX4.1120.1 bp−$20112.8 bp−$1,128doesn’t fitdoesn’t fit
Closing costs about the same again.
BZ news
posts that mention BZ or Brent crude, from every exchange| 11-05 06:14 | SoDEX | Other | 🇺🇸 US MIDTERMS: Democrats have flipped Congress. What does the political shake-up mean for your portfolio? 👀 🛢️ OIL — BEARISH 📉 Pressure to end the US-Iran war is mounting. Brent crude plunged 8.7% below $95 as ceasefire expectations rose. Further de-escalation could push oil prices lower. ₿ CRYPTO — REGULATORY HEADWINDS ⚠️ Democratic control of Congress could delay the CLARITY Act, reducing the likelihood of near-term passage and prolonging regulatory uncertainty for crypto markets. 🤖 AI & TECH — A DIVIDED OUTLOOK 🔴 Emerging Cloud Providers: Tighter data center oversight could delay construction, increase costs and slow AI infrastructure expansion. 🟢 Big Tech: Established hyperscalers like $MSFT, $GOOGLE and $AMZN may benefit from existing infrastructure, stronger financing capacity and regulatory advantages. ⚡ The Bigger Picture: Slower data center development could mean lower AI CapEx growth, putting pressure on chipmakers and newer cloud companies. 📊 OTHER SECTORS TO WATCH 🟢 Healthcare & clean energy — Potential policy tailwinds 🔴 $TSLA & $SPCX — Greater regulatory scrutiny 🔴 Defense — Potential pressure from de-escalation 🇨🇳 China assets — Reduced tariff uncertainty, but potentially tougher congressional scrutiny. 🔥 YOUR TRADE, YOUR CALL! 👇 Which sector are you most bullish or bearish on after the midterms? 📸 Share your positions or market predictions in the comments! @sodex_official on X ↗ |
| 11-02 13:24 | Markets by Kinetiq | Other | Trade $WTIOIL and $BRENTOIL 24/7 @Markets_xyz on X ↗ |
| 11-02 13:24 | Markets by Kinetiq | Other | JUST IN: Iran offers to reopen the Strait of Hormuz and resume nuclear talks within 48 hours if the U.S. meets its demands. $WTIOIL drops 3%, falling below $100/barrel, while $BRENTOIL also falls 3%. @Markets_xyz on X ↗ |
| 10-30 11:41 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 8 points are LIVE! 🚀 SoDEX Open Interest Hits $312M! Thank you to our growing trading community! 🧡 ⚡ Week 9 Bonus: Trade ZEC-USD, NEAR-USD, BRENTOIL-USD,KORU-USD,MCD-USD,NKE-USD,CRWV-USD,CRWD-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |
| 10-29 19:15 | QFEX | Other | Brent Crude Oil is now trading 24/7 @QFEX on X ↗ |
| 10-29 16:26 | QFEX | Listing | new market BRENT-USD ($BZ) seen by our collector |
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