BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.017%

Price spread now: tradeXYZ against RISEx+0.094%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on RISEx Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.147%−$15 on $10k

Price spread, last 7 days−0.281%−$28 · spread now +0.094%, 7d avg −0.036%

Together, before fees−0.429%+ Points / potential airdroptradeXYZ: Active · farm board−$43 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 tradeXYZ is 0.130% dearer against RISEx than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 4 days funding on this pair cost −0.147%, 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	97.207	0	get 0.0000% / 1h	32m 59s	$2.4M	$1.7M	20x
Short	tradeXYZ xyz:BRENTOIL	97.298	0.0050	get 0.0006% / 1h	32m 59s	$155.2M	$114.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.094%Rate

Funding earned: $10.5
Price spread: +0.094% → −0.036%: $13
Slippage, 4 orders: −$2.71
Fee RISEx: 3 bp × 2 orders: −$6
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$3.21
Costs to cover: 0.267%
Break-even: 9.1 days

Slippage from RISEx: live order book, 1 min ago; tradeXYZ: live order book, 7 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, 1 min ago	0.57 bp	3.6 bp −$4	4.9 bp −$49	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.05 bp	10.0 bp −$10	10.7 bp −$107	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	96.605	−0.619%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0056%	1h	97.160	−0.048%	$236K	$412K	15x	as long as short
BloFin BZ-USDT	−0.0005%	4h	97.280	+0.075%	$1.5M	$98K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.285	+0.080%	$338K	$860K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.270	+0.065%	$149.2M	$353.0M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.280	+0.075%	$10.2M	$13.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.260	+0.055%	$16.1M	$19.6M	50x	as long as short
RISEx BZ/USDClong	0.0000%	1h	97.207	long leg	$2.4M	$1.7M	20x
Gate BZ_USDT	0.0000%	8h	97.270	+0.065%	$9.2M	$11.0M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.260	+0.055%	$27.8M	$18.3M	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	97.286	+0.081%	$9.5M	$6.5M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.219	+0.012%	$18K	$330K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.280	+0.075%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.280	+0.075%	$100K	$254K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.140	−0.069%	$279K	$254K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.570	+0.373%	$1.2M	$86K	100x	as long as short
Vest BZ-PERP	+0.0008%	1h	101.34	+4.252%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0011%	4h	97.311	+0.108%	$224K	$228K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.823	+0.634%	—	—	—	as long as short
Hotstuff BRENTOIL-PERP	+0.0016%	1h	97.250	+0.044%	$34K	—	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0028%	1h	97.130	−0.079%	$3.1M	$996K	15x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.290	+0.085%	$3.3M	$4.0M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.258	+0.053%	$738K	$3.1M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.207	0.000%	$2K	$1K	5x	as long as short
tradeXYZ xyz:BRENTOILshort	+0.0050%	1h	97.298	+0.094%	$155.2M	$114.8M	20x
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.310	+0.106%	$1.6M	$405K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0091%	1h	97.308	+0.104%	$7K	$40K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.280	+0.075%	$3.8M	$801K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.160	−0.048%	$25K	$273K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	97.289	+0.084%	$82K	$200K	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.275	+0.070%	$115K	—	111x	as long as short