Funding you earn now, next payment 00:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.080%
Price spread now: Injective against Paradex−0.929%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.929% cheaper against Paradex than usual: you would sell low and buy high (−$93 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BZ-USD-PERP | 96.242 | 0.0024 | pay 0.0024% / 8h | 24m 00s | $3K | $521 | 5x |
| Short | Injective BRENT/USDC PERP | 95.348 | −0.0220 | pay 0.0028% / 1h | 24m 00s | $8K | $7K | 30x |
Paradex BZ-USD-PERP
Injective BRENT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$51.14
- Price spread: −0.929% → 0.000%
- −$92.88
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$148.04
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Injective: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Paradex and Injective: 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 | 96.215 | −0.028% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERPshort | −0.0220% | 1h | 95.348 | −0.929% | $8K | $7K | 30x | |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0062% | 1h | 96.260 | +0.019% | $103K | $275K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.070 | −0.179% | $232K | $570K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.241 | 0.000% | $2.2M | $1.3M | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.238 | −0.004% | $334K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.223 | −0.020% | $145.9M | $455.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.250 | +0.008% | $10.4M | $16.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.210 | −0.033% | $15.8M | $26.7M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.180 | −0.064% | $9.2M | $16.4M | 100x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 96.220 | −0.023% | $27.6M | $20.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.254 | +0.013% | $9.3M | $7.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.259 | +0.018% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.240 | −0.002% | $4K | $2.7M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.230 | −0.012% | $306K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.360 | +0.123% | $1.2M | $95K | 100x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0008% | 1h | 96.330 | +0.092% | $33K | — | 20x | as long as short |
| edgeX BZUSDC | +0.0013% | 4h | 96.286 | +0.046% | $221K | $232K | 20x | as long as short |
| Paradex BZ-USD-PERPlong | +0.0024% | 8h | 96.242 | long leg | $3K | $521 | 5x | |
| BloFin BZ-USDT | +0.0034% | 4h | 96.280 | +0.040% | $1.5M | $96K | 50x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 99.820 | +3.718% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.280 | +0.040% | $151.2M | $144.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.290 | +0.050% | $1.5M | $527K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0067% | 1h | 96.293 | +0.053% | $6K | $45K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.180 | −0.064% | $3.8M | $988K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.280 | +0.040% | $25K | $271K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.269 | +0.028% | $83K | $235K | 20x | as long as short |
| Lighter BRENTOIL | +0.0320% | 1h | 96.280 | +0.040% | $3.3M | $4.3M | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0382% | 1h | 96.220 | −0.023% | $3.1M | $1.1M | 15x | as long as short |
| Extended XBR-USD | +0.0608% | 1h | 96.103 | −0.144% | $670K | $5.2M | 10x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
Hotstuff BRENTOIL-PERP
edgeX BZUSDC
BloFin BZ-USDT
Vest BZ-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Ondo Perps BRENT-USD.P
Extended XBR-USD