BZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexBZUSDT	98.208	0	0.0000% / 1h	59m 13s	$465K	$449K	20x	Long Popdex
SHORT	GateBZ_USDT	98.160	−0.0315	pay 0.0315% / 8h	5h 59m	$10.6M	$17.5M	100x	Short Gate

Price gap−0.049%

Funding gap−0.0315% /8h

The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 10 hours.

If you open now and hold

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

Funding−$31−0.0315% /8h now · paid −0.312% over the last 7D

Price+$4spread −0.049% now, avg −0.087% → +0.038% if it goes back

Costs−$320.321% of $10k · taker + slippage, in and out

Result−$60−0.60%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / ExitPopdex: 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−0.049%

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

2 ok · 3 to watch

OK: Fits both order books4.8 / 10.7 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $100
Popdex 20x, Gate 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$9.45Long Popdex: 24 payments, $0.00; short Gate: 3 payments, −$9.45.
OK: Entry gap works for you−0.049% vs −0.087%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$465K vs $10.6M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex No · Gate Yes
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0163%/8h × 21 periods−$34.29

Price spread−0.049% → −0.087% (7d avg)+$3.83

Slippage, 4 orderslive order books−$10.71

Fee Popdex bp × 2 orders−$6.40

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$62.57

Costs to cover0.321%Break-evennever at this rate

Slippage: Popdex: live order book, 34 min ago; Gate: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex1.224.8 bp−$58.0 bp−$80doesn’t fitdoesn’t fit

SELL · SHORTGate0.5110.7 bp−$1118.6 bp−$18639.2 bp−$3,91959.7 bp−$29.9K

Closing costs about the same again.

BZ news

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

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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BZ