Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.016%
Price spread now: Extended against RISEx−0.004%57s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.191% of the position
Funding, last 4 days (all we have)−0.228%−$23 on $10k
+Price spread, last 7 days−0.172%−$17 · spread now −0.004%, 7d avg −0.074%
=Together, before fees−0.400%+ Points / potential airdropExtended: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.070% dearer against RISEx than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 4 days funding on this pair cost −0.228%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BZ/USDC | 97.751 | 0 | get 0.0000% / 1h | 29m 39s | $2.4M | $1.7M | 20x |
| Short | Extended XBR-USD | 97.748 | 0.0032 | get 0.0004% / 1h | 29m 39s | $682K | $3.3M | 10x |
RISEx BZ/USDC
Extended XBR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against RISEx. 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
- $6.72
- Price spread: −0.004% → −0.074%
- $7.01
- Slippage, 4 orders
- −$8.11
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$5.38
- Costs to cover
- 0.191%
- Break-even
- 12.6 days
Slippage from RISEx: live order book, 4 min ago; Extended: live order book, 4 min ago.
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 RISEx live order book, 4 min ago | 1.07 bp | 4.1 bp −$4 | 5.0 bp −$50 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 1.89 bp | 5.1 bp −$5 | 16.5 bp −$165 | 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 | 97.018 | −0.750% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.810 | +0.060% | $236K | $417K | 15x | as long as short |
| BloFin BZ-USDT | −0.0024% | 4h | 97.770 | +0.019% | $1.5M | $97K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.754 | +0.003% | $340K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.750 | −0.002% | $147.8M | $349.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.730 | −0.022% | $10.4M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.740 | −0.012% | $16.1M | $19.7M | 50x | as long as short |
| RISEx BZ/USDClong | 0.0000% | 1h | 97.751 | long leg | $2.4M | $1.7M | 20x | |
| Gate BZ_USDT | 0.0000% | 8h | 97.700 | −0.053% | $9.3M | $11.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.750 | −0.002% | $27.9M | $17.3M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.768 | +0.017% | $9.4M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.840 | +0.091% | $24K | $305K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.810 | +0.060% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.740 | −0.012% | $100K | $252K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.750 | −0.002% | $281K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.750 | −0.002% | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.88 | +4.223% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.316 | +0.578% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0016% | 4h | 97.812 | +0.062% | $225K | $228K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.740 | −0.012% | $3.3M | $4.1M | 20x | as long as short |
| Extended XBR-USDshort | +0.0032% | 1h | 97.748 | −0.004% | $682K | $3.3M | 10x | |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.740 | −0.012% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.760 | +0.009% | $155.1M | $116.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.780 | +0.029% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.690 | −0.063% | $3.1M | $1.0M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0064% | 1h | 97.790 | +0.039% | $34K | — | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0081% | 1h | 97.800 | +0.050% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.760 | +0.009% | $3.8M | $809K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.830 | +0.080% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.765 | +0.013% | $82K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.785 | +0.034% | $116K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Hotstuff BRENTOIL-PERP
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]