BZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexBZUSDT	97.230	−0.0192	get 0.0024% / 1h	46m 20s	$469K	$479K	20x	Long Popdex
SHORT	HTXBRENTOIL-USDT	97.180	0	0.0000% / 4h	1h 46m	$293K	$55K	75x	Short HTX

Price gap−0.051%

Funding gap+0.0192% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.020% above its 7d average: +$2 more if it goes back.

Funding on this pair cost 0.054% over the last 7 days: the rate has only just turned.

If you open now and hold

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

Funding−$5+0.0192% /8h now · paid −0.054% over the last 6 days (all we have)

Price+$2spread −0.051% now, avg −0.072% → +0.020% if it goes back

Costs−$260.263% of $10k · taker + slippage, in and out

Result−$30−0.30%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 6 days it paid −0.054% in total, about −0.0030%/8h on average.

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−0.051%

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 books5.2 / 7.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $133
Popdex 20x, HTX 75x. 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: +$5.76Long Popdex: 24 payments, +$5.76; short HTX: 6 payments, $0.00.
OK: Entry gap works for you−0.051% vs −0.072%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$293K vs $469K OI
HTX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex No · HTX Limited
No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0030%/8h × 21 periods−$6.20

Price spread−0.051% → −0.072% (7d avg)+$2.02

Slippage, 4 orderslive order books−$7.87

Fee Popdex bp × 2 orders−$6.40

Fee HTX bp × 2 orders−$12.00

Net · 7 days · $10k−$30.44

Costs to cover0.263%Break-evennever at this rate

Slippage: Popdex: live order book, 35 min ago; HTX: live order book, 35 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex1.705.2 bp−$57.9 bp−$79doesn’t fitdoesn’t fit

SELL · SHORTHTX1.557.5 bp−$89.6 bp−$96doesn’t fitdoesn’t fit

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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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