TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG110.69−0.0088get 0.0011% / 1h48m 53s$520K$167K20xLong Popdex
SHORT110.26+0.0030get 0.0030% / 8h2h 48m$22K$59K10xShort Orderly
Price gap−0.384%58s
Funding gap+0.0118% /8h

Funding pays +$4 a day on $10k, but the gap is 0.384% under zero (no 7-day history yet): −$38 if it goes back, about 11 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$27+0.0118% /8h now · paid +0.272% over the last 7D
Price—spread −0.384%58s now · prices read too far apart to compare
Costsno datano order book for Orderly
Result, before costs—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.384%
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 36 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Orderly: its slippage is not counted.
  • Note: Margin at max leverage$500 + $1,000
    Popdex 20x, Orderly 10x. 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: +$3.55Long Popdex: 24 payments, +$2.64; short Orderly: 3 payments, +$0.91.
  • Watch: Prices read 58 s apart−0.384% vs —
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$22K vs $520K OI
    Orderly sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPopdex No · Orderly 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+0.0129%/8h × 21 periods+$27.17
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Orderly—
Fee Popdex bp × 2 orders−$6.40
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k+$14.77
price spread not counted: prices read too far apart
Costs to cover0.124%Break-even3.2 days
Slippage: Popdex: live order book, 64 min ago; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex0.733.9 bp−$45.4 bp−$5444.4 bp−$4,441doesn’t fit
SELL · SHORTOrderly—————

Closing costs about the same again.
Orderly: no data.

Alert

BZ news

posts that mention BZ or Brent crude, from every exchangeSearch all news →
10-26 12:02SoDEXListingnew market BRENTOIL-USD ($BZ) seen by our collector
10-26 09:00MEXCOtherBrent crude closed Friday at $116.72 (+3.1%). 🟢 $COP +3.6% | $CVX +2.9% 🔴 Dow -1.23% | Nasdaq -0.21% Oil surges, while much of the market pays the price. 📉 Will oil hold above $116 this week? 👇 @MEXC on X ↗
10-22 15:08BingXOtherWhen commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗
10-19 17:22KalshiOtherBREAKING: Brent crude surges above $110, its highest since May 19 @Kalshi on X ↗
10-17 09:31KalshiOtherJUST IN: Brent crude hits $110 a barrel for the first time since May @Kalshi on X ↗
10-16 16:42BulletListingBy popular demand, BRENTOIL perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗