BZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	OrderlyPERP_BZ_USDC_mythos	109.75	+0.0049	pay 0.0049% / 8h	3h 56m	$22K	$59K	10x	Long Orderly
SHORT	GMXBRENTOIL/USD [ETH-USDC]	110.03	L +0.0013S +0.0217	pay 0.0027% / 1h	56m 05s	$338K	$1.8M	100x	Short GMX5% off

Price gap+0.260%

Funding gap−0.0266% /8h

The gap pays +$26 on $10k if it goes back to zero (no 7-day history yet), but funding costs $8 a day and eats that in about 3.3 days.

If you open now and hold

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

Funding−$94−0.0266% /8h now · paid −0.937% over the last 7D

Price—spread +0.260% now · no price history on both exchanges yet

Costsno datano order book for Orderly and GMX

Result, before costs—no pointsneeds both price histories

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.260%

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 Orderly and GMX: its slippage is not counted.
Note: Margin at max leverage$1,000 + $100
Orderly 10x, GMX 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$7.99Long Orderly: 3 payments, −$1.47; short GMX: 24 payments, −$6.52.
Note: No 7-day spread history+0.260%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$22K vs $338K 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 legOrderly No · GMX 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−0.0446%/8h × 21 periods−$93.67

Price spread+0.260% → 0+$25.97

Slippage, 4 ordersno data for Orderly and GMX—

Fee Orderly bp × 2 orders−$6.00

Fee GMX bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$85.71

Costs to cover0.180%Break-evenfrom the start

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

Cost to enter

taker + slippage from mid, one side

BUY · LONGOrderly—————

SELL · SHORTGMX—————

Closing costs about the same again.
Orderly and GMX: 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