BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h −0.015%

Price spread now: gTrade (Gains Network) against Ondo Perps+0.645%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.645% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.645% now, against zero (this spread has no 7-day history yet)): +$64 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 55 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps BRENT-USD.P	97.670	0.0050	pay 0.0006% / 1h	28m 17s	$3.1M	$1.0M	15x
Short	gTrade (Gains Network) BRENT/USD	98.300	L +0.0011% / S −0.0011%	get 0.0001% / 1h	28m 17s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Ondo Perps. 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 Ondo PerpsbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.645%Rate

Funding earned: −$8.24
Price spread: +0.645% → 0.000%: $64.49
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $41.25
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; gTrade (Gains Network): 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Ondo Perps and gTrade (Gains Network): 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 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	97.018	−0.668%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.810	+0.143%	$236K	$417K	15x	as long as short
BloFin BZ-USDT	−0.0048%	4h	97.720	+0.051%	$1.5M	$97K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.758	+0.091%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.770	+0.102%	$147.8M	$349.3M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.750	+0.082%	$10.4M	$13.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.760	+0.092%	$16.1M	$19.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.703	+0.034%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.690	+0.020%	$9.3M	$11.0M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.750	+0.082%	$27.9M	$17.4M	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	97.768	+0.100%	$9.4M	$6.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.782	+0.115%	$24K	$305K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.740	+0.072%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.740	+0.072%	$100K	$252K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.690	+0.020%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.760	+0.092%	$1.2M	$86K	100x	as long as short
edgeX BZUSDC	0.0000%	4h	97.765	+0.098%	$225K	$229K	20x	as long as short
Vest BZ-PERP	+0.0010%	1h	101.87	+4.300%	—	$735K	10x	as long as short
gTrade (Gains Network) BRENT/USDshort	L +0.0011% / S −0.0011%	1h	98.300	+0.645%	—	—	—
Lighter BRENTOIL	+0.0032%	1h	97.770	+0.102%	$3.3M	$4.1M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.748	+0.080%	$682K	$3.3M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.727	+0.059%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.751	+0.083%	$155.1M	$116.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.780	+0.113%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.Plong	+0.0050%	1h	97.670	long leg	$3.1M	$1.0M	15x
Hotstuff BRENTOIL-PERP	+0.0064%	1h	97.740	+0.072%	$34K	—	20x	as long as short
Aftermath Perps BRENTUSD	+0.0083%	1h	97.776	+0.109%	$7K	$41K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.760	+0.092%	$3.8M	$809K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.830	+0.164%	$26K	$273K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	97.771	+0.104%	$82K	$206K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0329% / S −0.2771%	1h	97.775	+0.108%	$116K	—	111x	as long as short