BZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterBRENTOIL	111.27	+0.0032	pay 0.0004% / 1h	38m 26s	$3.4M	$3.6M	20x	Long Lighter7d free
SHORT	BingXNCCO1OILBRENT2USD-USDT	111.54	−0.0094	pay 0.0047% / 4h	2h 38m	$967K	$7.9M	—	Short BingX

Price gap+0.243%

Funding gap−0.0126% /8h

The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 3.1 days.

If you open now and hold

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

Funding−$40−0.0126% /8h now · paid −0.405% over the last 7D

Price+$12spread +0.243% now, avg +0.125% → +0.118% if it goes back

Costs−$130.134% of $10k · taker + slippage, in and out

Result−$42−0.42%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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+0.243%

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 35 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

OK: Fits both order books1.5 / 5.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + —
Lighter 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$3.78Long Lighter: 24 payments, −$0.96; short BingX: 6 payments, −$2.82.
OK: Entry gap works for you+0.243% vs +0.125%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$967K vs $3.4M OI
BingX sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
Watch: KYCLighter No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0193%/8h × 21 periods−$40.49

Price spread+0.243% → +0.125% (7d avg)+$11.75

Slippage, 4 orderslive order books−$3.40

Fee Lighter bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$42.13

Costs to cover0.134%Break-evennever at this rate

Slippage: Lighter: live order book, 5 min ago; BingX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter0.901.5 bp−$21.8 bp−$187.1 bp−$708doesn’t fit

SELL · SHORTBingX0.455.5 bp−$66.8 bp−$6812.5 bp−$1,24731.7 bp−$15.9K

Closing costs about the same again.

BZ news

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

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 $110 a barrel for the first time since May @Kalshi on X ↗
10-16 16:42	Bullet	Listing	By popular demand, BRENTOIL perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-16 10:58	Bullet	Listing	new market BRENTOIL-USD ($BZ) seen by our collector
10-12 17:13	Aster	Listing	new market BZUSD1 ($BZ) seen by our collector

BZ