BZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GMXBRENTOIL/USD [ETH-USDC]	110.52	L −0.0067S +0.0265	get 0.0008% / 1h	48m 58s	$339K	$1.8M	100x	Long GMX5% off
SHORT	OrderlyPERP_BZ_USDC_mythos	110.26	+0.0030	get 0.0030% / 8h	2h 48m	$22K	$59K	10x	Short Orderly

Price gap−0.231%

Funding gap+0.0097% /8h

Funding pays +$3 a day on $10k, but the gap is 0.231% under zero (no 7-day history yet): −$23 if it goes back, about 7.9 days of funding. At the last 7 days' pace that is about 2.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$73+0.0097% /8h now · paid +0.727% over the last 7D

Price—spread −0.231% now · no price history on both exchanges yet

Costsno datano order book for GMX and Orderly

Result, before costs—no pointsneeds both price histories

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−0.231%

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

/8h

BZ on 36 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

Note: Order book unknown—
No order-book sample for GMX and Orderly: its slippage is not counted.
Note: Margin at max leverage$100 + $1,000
GMX 100x, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$2.92Long GMX: 24 payments, +$2.01; short Orderly: 3 payments, +$0.91.
Note: No 7-day spread history−0.231%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$22K vs $339K OI
Orderly sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legGMX No · Orderly No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0346%/8h × 21 periods+$72.73

Price spread−0.231% → 0−$23.07

Slippage, 4 ordersno data for GMX and Orderly—

Fee GMX bp × 2 orders−$12.00

Fee Orderly bp × 2 orders−$6.00

Net, fees only · 7 days · $10k+$31.65

Costs to cover0.180%Break-even4.0 days

Slippage: GMX: no order-book sample; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGGMX—————

SELL · SHORTOrderly—————

Closing costs about the same again.
GMX and Orderly: no data.

BZ news

posts that mention BZ or Brent crude, from every exchangeSearch all news →

10-26 12:02	SoDEX	Listing	new market BRENTOIL-USD ($BZ) seen by our collector
10-26 09:00	MEXC	Other	Brent crude closed Friday at $116.72 (+3.1%). 🟢 $COP +3.6% \| $CVX +2.9% 🔴 Dow -1.23% \| Nasdaq -0.21% Oil surges, while much of the market pays the price. 📉 Will oil hold above $116 this week? 👇 @MEXC on X ↗
10-22 15:08	BingX	Other	When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-19 17:22	Kalshi	Other	BREAKING: Brent crude surges above $110, its highest since May 19 @Kalshi on X ↗
10-17 09:31	Kalshi	Other	JUST IN: Brent crude hits $110 a barrel for the first time since May @Kalshi on X ↗
10-16 16:42	Bullet	Listing	By popular demand, BRENTOIL perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗

BZ