Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Phemex against RISEx+0.066%7-day average +0.187% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.168%+$17 on $10k
+Price spread, last 3 days (all we have)+0.146%+$15 · spread now +0.066%, 7d avg +0.187%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.121% cheaper against RISEx than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BZ/USDC | 96.896 | 0 | get 0.0000% / 1h | 18m 15s | $2.3M | $1.3M | 20x |
| Short | Phemex XBRUSDT | 96.960 | 0 | get 0.0000% / 4h | 2h 18m | $1.2M | $83K | 100x |
RISEx BZ/USDC
Phemex XBRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.066% → +0.187%
- −$12.08
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$30.08
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 1 min ago; Phemex: live order book, 4 min ago. 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 | 1.08 bp | 4.1 bp −$4 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.55 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
BZ on 30 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 | 95.978 | −0.948% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.810 | −0.089% | $234K | $425K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0032% | 1h | 96.880 | −0.017% | $33K | — | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.917 | +0.021% | $337K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.943 | +0.048% | $146.6M | $379.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.920 | +0.024% | $10.4M | $13.8M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.940 | +0.045% | $15.9M | $21.7M | 50x | as long as short |
| RISEx BZ/USDClong | 0.0000% | 1h | 96.896 | long leg | $2.3M | $1.3M | 20x | |
| Gate BZ_USDT | 0.0000% | 8h | 96.900 | +0.004% | $9.2M | $12.8M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.950 | +0.055% | $27.6M | $16.2M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Hotstuff BRENTOIL-PERP
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 96.747 | −0.154% | $9.3M | $7.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.764 | −0.137% | $24K | $341K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.930 | +0.035% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.930 | +0.035% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.750 | −0.151% | $277K | $269K | 75x | as long as short |
| Phemex XBRUSDTshort | 0.0000% | 4h | 96.960 | +0.066% | $1.2M | $83K | 100x | |
| edgeX BZUSDC | +0.0002% | 4h | 96.747 | −0.154% | $222K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.449 | +0.571% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.910 | +0.014% | $3.3M | $4.5M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.917 | +0.021% | $673K | $5.1M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.97 | +4.204% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0049% | 8h | 96.901 | +0.005% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.968 | +0.074% | $151.9M | $127.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.950 | +0.055% | $1.5M | $470K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.850 | −0.048% | $3.1M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.980 | +0.086% | $3.8M | $886K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.780 | −0.120% | $25K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0208% / S +0.0085% | 1h | 96.905 | +0.009% | $126K | — | 111x | as long as short |
| Aftermath Perps BRENTUSD | +0.0240% | 1h | 96.818 | −0.081% | $8K | $44K | 5x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0253% | 1h | 96.930 | +0.034% | $83K | $218K | 20x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Aftermath Perps BRENTUSD
Kraken Futures PF_BRENTOILUSD