Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.005%
Price spread now: gTrade (Gains Network) against RISEx+0.632%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and gTrade (Gains Network) is 0.632% dearer against RISEx than usual: you sell high and buy low: +$63 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 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 | 96.789 | −0.0039 | get 0.0005% / 1h | 17m 25s | $2.4M | $1.8M | 20x |
| Short | gTrade (Gains Network) BRENT/USD | 97.400 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 17m 25s | — | — | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $10.44
- Price spread: +0.632% → 0.000%
- $63.2
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $57.64
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: RISEx: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 1 min ago | 0.88 bp | 3.9 bp −$4 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0266% | 1h | 96.840 | +0.053% | $99K | $268K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −0.461% | $8K | $7K | 30x | as long as short |
| GRVT BZ_USDT_Perp | −0.0094% | 4h | 96.917 | +0.133% | $13K | $327K | 25x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0086% | 1h | 96.750 | −0.040% | $3.1M | $1.0M | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 96.870 | +0.084% | $287K | $494K | 15x | as long as short |
| RISEx BZ/USDClong | −0.0039% | 1h | 96.789 | long leg | $2.4M | $1.8M | 20x | |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 96.860 | +0.074% | $81K | $202K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.892 | +0.107% | $336K | $707K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.850 | +0.063% | $147.6M | $359.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.850 | +0.063% | $10.2M | $13.5M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.830 | +0.043% | $16.2M | $20.4M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.810 | +0.022% | $9.2M | $10.8M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.840 | +0.053% | $27.9M | $19.4M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.031 | +0.250% | $9.4M | $6.1M | — | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.850 | +0.063% | $4K | $2.2M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.000 | +0.218% | $278K | $251K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.970 | +0.187% | $1.2M | $81K | 100x | as long as short |
| Vest BZ-PERP | +0.0007% | 1h | 100.72 | +4.062% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.400 | +0.632% | — | — | — | |
| edgeX BZUSDC | +0.0019% | 4h | 96.945 | +0.161% | $224K | $230K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.820 | +0.032% | $3.4M | $4.4M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.872 | +0.086% | $749K | $2.6M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0042% | 8h | 96.829 | +0.041% | $2K | $1K | 5x | as long as short |
| BloFin BZ-USDT | +0.0050% | 4h | 96.900 | +0.115% | $1.5M | $101K | 50x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.860 | +0.074% | $153.4M | $117.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.850 | +0.063% | $1.6M | $336K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0056% | 1h | 97.072 | +0.293% | $7K | $39K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.820 | +0.032% | $3.7M | $949K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.110 | +0.332% | $25K | $273K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0128% | 1h | 96.830 | +0.043% | $33K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0326% / S −0.2771% | 1h | 96.845 | +0.058% | $115K | — | 111x | as long as short |
RISEx BZ/USDC
gTrade (Gains Network) BRENT/USD
Deribit BRENTOIL_USDC-PERPETUAL
Injective BRENT/USDC PERP
GRVT BZ_USDT_Perp
Coinbase International BRENTOIL-PERP-INTX
Kraken Futures PF_BRENTOILUSD
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
BloFin BZ-USDT
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]