BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h +0.051%

Price spread now: RISEx against Ondo Perps+0.025%7-day average +0.150% · you sell dearer than you buy

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

Long on Ondo Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.106%+$11 on $10k

Price spread, last 7 days+0.125%+$12 · spread now +0.025%, 7d avg +0.150%

Together, before fees+0.231%+ Points / potential airdropOndo Perps: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.125% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.150%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.106%, 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	Ondo Perps BRENT-USD.P	96.130	0.0055	pay 0.0007% / 1h	38m 14s	$3.0M	$1.1M	15x
Short	RISEx BZ/USDC	96.154	−0.0020	pay 0.0003% / 1h	38m 14s	$2.2M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$15.83
Price spread: +0.025% → +0.150%: −$12.5
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$39.33
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; RISEx: live order book, 1 min ago. 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 RISEx live order book, 1 min ago	0.57 bp	3.6 bp −$4	4.7 bp −$47	doesn't fit	doesn't fit

Ondo Perps: 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 30 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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.175	+0.047%	$120K	—	111x	as long as short
Hotstuff BRENTOIL-PERP	−0.0400%	1h	96.180	+0.052%	$33K	—	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0269%	1h	96.230	+0.104%	$103K	$278K	15x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.369	−0.792%	$8K	$7K	30x	as long as short
tradeXYZ xyz:BRENTOIL	−0.0058%	1h	96.243	+0.118%	$150.2M	$143.8M	20x	as long as short
BloFin BZ-USDT	−0.0052%	4h	96.130	0.000%	$1.5M	$95K	50x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0040%	1h	96.070	−0.062%	$232K	$578K	15x	as long as short
RISEx BZ/USDCshort	−0.0020%	1h	96.154	+0.025%	$2.2M	$1.3M	20x
GRVT BZ_USDT_Perp	−0.0016%	4h	96.079	−0.053%	$34K	$375K	25x	as long as short
Binance BZUSDT	−0.0011%	4h	96.205	+0.078%	$146.0M	$466.8M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX BZUSDC	−0.0010%	4h	96.063	−0.070%	$220K	$232K	20x	as long as short
Aster BZUSDT	0.0000%	4h	96.120	−0.010%	$334K	$1.4M	50x	as long as short
Bybit BZUSDT	0.0000%	8h	96.190	+0.062%	$10.4M	$16.0M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.180	+0.052%	$15.9M	$26.8M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	96.150	+0.021%	$9.2M	$16.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.180	+0.052%	$27.4M	$20.9M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.063	−0.070%	$9.3M	$7.9M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.210	+0.083%	$4K	$2.7M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.160	+0.031%	$306K	$249K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.190	+0.062%	$1.2M	$96K	100x	as long as short
Paradex BZ-USD-PERP	+0.0013%	8h	96.141	+0.011%	$3K	$521	5x	as long as short
Aftermath Perps BRENTUSD	+0.0037%	1h	96.168	+0.040%	$6K	$45K	5x	as long as short
Lighter BRENTOIL	+0.0040%	1h	96.150	+0.021%	$3.3M	$4.3M	20x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.16	+4.192%	—	$735K	10x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.207	+0.080%	$1.5M	$529K	20x	as long as short
Ondo Perps BRENT-USD.Plong	+0.0055%	1h	96.130	long leg	$3.0M	$1.1M	15x
KuCoin BZUSDTM	+0.0100%	4h	96.120	−0.010%	$3.8M	$989K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.150	+0.021%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	96.227	+0.101%	$81K	$234K	20x	as long as short
Extended XBR-USD	+0.0168%	1h	96.023	−0.112%	$671K	$5.2M	10x	as long as short