BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.064%

Price spread now: Injective against RISEx−0.671%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on RISEx Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.671% cheaper against RISEx than usual: you would sell low and buy high (−$67 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BZ/USDC	96.993	0	get 0.0000% / 1h	17m 16s	$2.4M	$1.7M	20x
Short	Injective BRENT/USDC PERP	96.342	−0.0220	pay 0.0028% / 1h	17m 16s	$8K	$7K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee InjectivebpOrdersPrice spread, now −0.671%Rate

Funding earned: −$46.2
Price spread: −0.671% → 0.000%: −$67.07
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$119.29
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 2 min ago; Injective: 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, 2 min ago	0.98 bp	4.0 bp −$4	5.3 bp −$53	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Injective BRENT/USDC PERPshort	−0.0220%	1h	96.342	−0.671%	$8K	$7K	30x
Deribit BRENTOIL_USDC-PERPETUAL	−0.0059%	1h	97.050	+0.059%	$100K	$256K	15x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0056%	1h	97.110	+0.121%	$236K	$416K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.095	+0.105%	$338K	$860K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.050	+0.059%	$148.1M	$352.0M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.040	+0.049%	$10.3M	$13.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.020	+0.028%	$16.0M	$19.5M	50x	as long as short
Ondo Perps BRENT-USD.P	0.0000%	1h	96.980	−0.013%	$3.1M	$1.0M	15x	as long as short
RISEx BZ/USDClong	0.0000%	1h	96.993	long leg	$2.4M	$1.7M	20x
Gate BZ_USDT	0.0000%	8h	96.990	−0.003%	$9.2M	$11.1M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	97.050	+0.059%	$27.8M	$18.4M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.058	+0.068%	$9.4M	$6.1M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.088	+0.098%	$18K	$331K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.050	+0.059%	$4K	$2.4M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.000	+0.008%	$278K	$254K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.540	+0.564%	$1.2M	$86K	100x	as long as short
Vest BZ-PERP	+0.0010%	1h	101.09	+4.225%	—	$735K	10x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.616	+0.643%	—	—	—	as long as short
edgeX BZUSDC	+0.0016%	4h	97.047	+0.057%	$223K	$229K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.070	+0.080%	$3.3M	$4.0M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.087	+0.097%	$735K	$3.0M	10x	as long as short
BloFin BZ-USDT	+0.0042%	4h	96.990	−0.003%	$1.5M	$98K	50x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.002	+0.010%	$2K	$1K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.060	+0.070%	$155.0M	$115.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.072	+0.082%	$1.6M	$405K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0095%	1h	97.097	+0.107%	$7K	$40K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.060	+0.070%	$3.8M	$803K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.090	+0.101%	$25K	$273K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	97.056	+0.066%	$82K	$200K	20x	as long as short
Hotstuff BRENTOIL-PERP	+0.0192%	1h	97.150	+0.162%	$33K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.075	+0.085%	$115K	—	111x	as long as short