BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.020%

Price spread now: Ondo Perps against RISEx−0.024%7-day average −0.146% · you buy dearer than you sell

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

Long on RISEx Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.097%−$10 on $10k

Price spread, last 7 days−0.300%−$30 · spread now −0.024%, 7d avg −0.146%

Together, before fees−0.397%+ Points / potential airdropOndo Perps: Active · farm board−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.123% dearer against RISEx than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.146%. Mind the row above: over the last 4 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BZ/USDC	97.673	0	get 0.0000% / 1h	17m 36s	$2.4M	$1.7M	20x
Short	Ondo Perps BRENT-USD.P	97.650	0.0050	get 0.0006% / 1h	17m 36s	$3.1M	$1.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.024%Rate

Funding earned: $10.58
Price spread: −0.024% → −0.146%: $12.28
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $11.86
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: RISEx: live order book, 1 min ago; Ondo Perps: 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	0.56 bp	3.6 bp −$4	4.2 bp −$42	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 PERP	−0.0220%	1h	97.018	−0.671%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.700	+0.028%	$237K	$417K	15x	as long as short
BloFin BZ-USDT	−0.0048%	4h	97.710	+0.038%	$1.5M	$97K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.703	+0.031%	$340K	$880K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.697	+0.025%	$147.7M	$350.7M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.690	+0.017%	$10.4M	$13.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.680	+0.007%	$16.1M	$19.7M	50x	as long as short
RISEx BZ/USDClong	0.0000%	1h	97.673	long leg	$2.4M	$1.7M	20x
Gate BZ_USDT	0.0000%	8h	97.650	−0.024%	$9.3M	$11.1M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.700	+0.028%	$27.9M	$17.4M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	97.718	+0.046%	$9.4M	$6.9M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.664	−0.009%	$24K	$305K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.730	+0.058%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.720	+0.048%	$100K	$252K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.690	+0.017%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.780	+0.110%	$1.2M	$86K	100x	as long as short
edgeX BZUSDC	+0.0004%	4h	97.673	−0.001%	$225K	$228K	20x	as long as short
Vest BZ-PERP	+0.0009%	1h	101.83	+4.256%	—	$735K	10x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.278	+0.619%	—	—	—	as long as short
Hotstuff BRENTOIL-PERP	+0.0024%	1h	97.740	+0.069%	$34K	—	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.700	+0.028%	$3.3M	$4.1M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.697	+0.025%	$682K	$3.2M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.700	+0.028%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.712	+0.040%	$155.1M	$115.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.739	+0.068%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.Pshort	+0.0050%	1h	97.650	−0.024%	$3.1M	$1.0M	15x
Aftermath Perps BRENTUSD	+0.0091%	1h	97.734	+0.063%	$7K	$41K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.690	+0.017%	$3.8M	$815K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.740	+0.069%	$26K	$273K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0158%	1h	97.736	+0.064%	$82K	$206K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.725	+0.053%	$116K	—	111x	as long as short