BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.016%

Price spread now: RISEx against Extended−0.022%7-day average +0.076% · 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−$26as in the Price arb table

costs, in and out, $10k−$160.165% of the position

Long on Extended Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.229%+$23 on $10k

Price spread, last 7 days+0.190%+$19 · spread now −0.022%, 7d avg +0.076%

Together, before fees+0.419%+ Points / potential airdropExtended: Active · farm board+$42 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.098% cheaper against Extended than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.076%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.229%, 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	Extended XBR-USD	97.388	0.0032	pay 0.0004% / 1h	46m 40s	$679K	$4.2M	10x
Short	RISEx BZ/USDC	97.366	0	get 0.0000% / 1h	46m 40s	$2.4M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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 ExtendedbpFee RISExbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$6.72
Price spread: −0.022% → +0.076%: −$9.84
Slippage, 4 orders: −$5.48
Fee Extended: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$33.04
Costs to cover: 0.165%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; RISEx: live order book, 2 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 Extended live order book, 2 min ago	0.41 bp	3.8 bp −$4	17.1 bp −$171	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	1.90 bp	4.9 bp −$5	6.6 bp −$66	doesn't fit	doesn't fit

BZ on 31 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
Injective BRENT/USDC PERP	−0.0220%	1h	96.333	−1.083%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.270	−0.121%	$233K	$439K	15x	as long as short
BloFin BZ-USDT	−0.0050%	4h	97.420	+0.033%	$1.5M	$92K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.375	−0.013%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.370	−0.018%	$147.6M	$368.5M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.370	−0.018%	$10.4M	$12.7M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.380	−0.008%	$16.0M	$20.4M	50x	as long as short
RISEx BZ/USDCshort	0.0000%	1h	97.366	−0.022%	$2.4M	$1.7M	20x
Gate BZ_USDT	0.0000%	8h	97.340	−0.049%	$9.2M	$12.1M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.360	−0.029%	$27.9M	$16.7M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	97.258	−0.133%	$9.4M	$6.8M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.351	−0.038%	$29K	$346K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.400	+0.013%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.400	+0.013%	$104K	$240K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.160	−0.234%	$279K	$267K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.390	+0.002%	$1.2M	$84K	100x	as long as short
edgeX BZUSDC	+0.0002%	4h	97.313	−0.077%	$223K	$228K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.953	+0.580%	—	—	—	as long as short
Vest BZ-PERP	+0.0030%	1h	101.44	+4.161%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.370	−0.018%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USDlong	+0.0032%	1h	97.388	long leg	$679K	$4.2M	10x
Paradex BZ-USD-PERP	+0.0050%	8h	97.369	−0.019%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.402	+0.015%	$153.6M	$126.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.430	+0.043%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.340	−0.049%	$3.1M	$1.0M	15x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0063%	1h	97.404	+0.016%	$82K	$208K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.430	+0.043%	$3.8M	$869K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.350	−0.039%	$26K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0107%	1h	97.309	−0.081%	$7K	$43K	5x	as long as short
Hotstuff BRENTOIL-PERP	+0.0136%	1h	97.410	+0.023%	$34K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0233% / S −0.0286%	1h	97.395	+0.007%	$126K	—	111x	as long as short