BZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexBZUSDT	98.035	+0.0048	pay 0.0006% / 1h	14m 57s	$466K	$442K	20x	Long Popdex
SHORT	AsterBZUSDT	98.040	−0.0051	pay 0.0026% / 4h	14m 57s	$343K	$463K	50x	Short Aster≤10% back

Price gap+0.005%49s

Funding gap−0.0099% /8h

Funding costs $3 a day on $10k at the current rate. Swap the legs.

The two prices were read 49 s apart: part of this gap may be the market moving.

If you open now and hold

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

Funding−$24−0.0099% /8h now · paid −0.244% over the last 7D

Price—spread +0.005%49s now · prices read too far apart to compare

Costs−$190.195% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropAster: Stage 5 · farm boardneeds both prices read together

Price and funding

1h · history

Entry / ExitPopdex: thin, under $1M open interest · Aster: thin, under $1M open interest

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.005%

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 31 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

OK: Fits both order books4.4 / 5.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $200
Popdex 20x, Aster 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$2.98Long Popdex: 24 payments, −$1.44; short Aster: 6 payments, −$1.54.
Watch: Prices read 49 s apart+0.005% vs −0.007%
Part of this gap may be the market moving.
Watch: Short leg is thinner$343K vs $466K OI
Aster sets your exit cost. Check its book before closing.
OK: Points on a legAster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legPopdex No · Aster 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−0.0126%/8h × 21 periods−$26.48

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$5.06

Fee Popdex bp × 2 orders−$6.40

Fee Aster bp × 2 orders−$8.00

Net · 7 days · $10k−$45.94

price spread not counted: prices read too far apart

Costs to cover0.195%Break-evennever at this rate

Slippage: Popdex: live order book, 64 min ago; Aster: live order book, 63 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex0.714.4 bp−$46.3 bp−$63doesn’t fitdoesn’t fit

SELL · SHORTAster1.525.5 bp−$68.2 bp−$8294.1 bp−$9,405doesn’t fit

Closing costs about the same again.

BZ news

posts that mention BZ or Brent crude, from every exchangeSearch all news →

09-30 18:40	Hotstuff	Listing	BRENTOIL-PERP no longer reported ($BZ) seen by our collector
09-29 11:00	gTrade (Gains Network)	Listing	BRENT/USD no longer reported ($BZ) seen by our collector
09-23 02:03	SoDEX	Listing	📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗
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09-16 15:02	Deribit	Listing	🚨 More To Trade. Tomorrow, September 17, 2026, at 10:00 AM UTC, 11 more equity perpetual markets and 4 commodity perpetuals will go live on Deribit. All settled in USDC. Equities LITE · SKHY · SOXL · CBRS · SNDK · ARM · BE · NBIS · EWY · MU · DRAM Commodities GOLD · SILVER · BRENTOIL · WTIOIL This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Disclaimer: Equity & Commodity perpetuals are offered by Deribit FZE under its Limited Licence Approval from VARA, and are subject to the conditions, client eligibility criteria and restrictions of that approval. @DeribitOfficial on X ↗

BZ