Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: RISEx against Phemex−0.060%7-day average −0.185% · 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)−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.060%, 7d avg −0.185%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.125% dearer against Phemex than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.185%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 97.020 | 0 | get 0.0000% / 4h | 1h 26m | $1.2M | $85K | 100x |
| Short | RISEx BZ/USDC | 96.962 | 0 | get 0.0000% / 1h | 26m 21s | $2.3M | $1.3M | 20x |
Phemex XBRUSDT
RISEx BZ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phemex. 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
- $0
- Price spread: −0.060% → −0.185%
- $12.46
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$5.54
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; RISEx: live order book, 3 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 Phemex live order book, 1 min ago | 6.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 1.50 bp | 4.5 bp −$4 | 5.6 bp −$56 | doesn't fit | doesn't fit |
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 | 96.164 | −0.882% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0104% | 1h | 96.900 | −0.124% | $233K | $431K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.966 | −0.055% | $337K | $984K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.970 | −0.051% | $146.8M | $373.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.960 | −0.062% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.950 | −0.072% | $16.0M | $20.5M | 50x | as long as short |
| RISEx BZ/USDCshort | 0.0000% | 1h | 96.962 | −0.060% | $2.3M | $1.3M | 20x | |
| Gate BZ_USDT | 0.0000% | 8h | 96.930 | −0.093% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.990 | −0.031% | $27.4M | $16.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.885 | −0.139% | $9.3M | $7.1M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.909 | −0.114% | $37K | $343K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.990 | −0.031% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.970 | −0.052% | $104K | $243K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.920 | −0.103% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDTlong | 0.0000% | 4h | 97.020 | long leg | $1.2M | $85K | 100x | |
| edgeX BZUSDC | +0.0004% | 4h | 96.894 | −0.130% | $222K | $229K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.513 | +0.508% | — | — | — | as long as short |
| BloFin BZ-USDT | +0.0021% | 4h | 97.030 | +0.010% | $1.5M | $86K | 50x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.990 | −0.031% | $3.3M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.987 | −0.034% | $676K | $4.8M | 10x | as long as short |
| Vest BZ-PERP | +0.0043% | 1h | 101.03 | +4.133% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 96.990 | −0.031% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.993 | −0.028% | $151.9M | $125.5M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.023 | +0.003% | $1.5M | $444K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.900 | −0.124% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0064% | 1h | 97.020 | 0.000% | $33K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.000 | −0.021% | $3.8M | $871K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.900 | −0.124% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0164% | 1h | 96.951 | −0.071% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0183% / S +0.0041% | 1h | 96.975 | −0.046% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0298% | 1h | 96.992 | −0.029% | $84K | $218K | 20x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
BloFin BZ-USDT
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]
Kraken Futures PF_BRENTOILUSD