BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.05 per $10,000 · paid last 24h −0.013%

Price spread now: gTrade (Gains Network) against tradeXYZ+0.542%58s7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.542% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.542% now, against zero (this spread has no 7-day history yet)): +$54 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 47 days. The two prices were read 58 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	tradeXYZ xyz:BRENTOIL	96.290	0.0050	pay 0.0006% / 1h	45m 31s	$151.1M	$143.7M	20x
Short	gTrade (Gains Network) BRENT/USD	96.812	L +0.0011% / S −0.0011%	get 0.0001% / 1h	45m 31s	—	—	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against tradeXYZ. 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 tradeXYZbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.542%Rate

Funding earned: −$8.16
Price spread: +0.542% → 0.000%: $54.22
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $18.06
Costs to cover: 0.280%
Break-even: from the start

Slippage unknown: tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago	0.16 bp	9.3 bp −$9	10.4 bp −$104	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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.265	−0.026%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.510	−0.810%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.070	−0.228%	$232K	$483K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.248	−0.044%	$334K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.261	−0.030%	$145.6M	$435.4M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.270	−0.021%	$10.4M	$16.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.260	−0.031%	$15.8M	$25.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.252	−0.040%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.220	−0.073%	$9.2M	$14.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.260	−0.031%	$27.6M	$20.1M	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	96.240	−0.052%	$9.3M	$7.5M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.251	−0.040%	$24K	$375K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.280	−0.010%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.290	0.000%	$103K	$272K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.210	−0.083%	$306K	$229K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.360	+0.073%	$1.2M	$94K	100x	as long as short
edgeX BZUSDC	+0.0010%	4h	96.205	−0.088%	$220K	$233K	20x	as long as short
gTrade (Gains Network) BRENT/USDshort	L +0.0011% / S −0.0011%	1h	96.812	+0.542%	—	—	—
Kraken Futures PF_BRENTOILUSD	+0.0020%	1h	96.289	−0.001%	$83K	$233K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0028%	1h	96.180	−0.114%	$3.1M	$1.1M	15x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.280	−0.010%	$3.4M	$4.2M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.278	−0.013%	$745K	$5.4M	10x	as long as short
Paradex BZ-USD-PERP	+0.0039%	8h	96.262	−0.029%	$3K	$521	5x	as long as short
BloFin BZ-USDT	+0.0044%	4h	96.280	−0.010%	$1.5M	$95K	50x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.36	+4.227%	—	$735K	10x	as long as short
Hotstuff BRENTOIL-PERP	+0.0048%	1h	96.290	0.000%	$33K	—	20x	as long as short
tradeXYZ xyz:BRENTOILlong	+0.0050%	1h	96.290	long leg	$151.1M	$143.7M	20x
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.325	+0.036%	$1.5M	$511K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.310	+0.021%	$3.8M	$989K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.290	0.000%	$25K	$272K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0546%	1h	96.226	−0.066%	$6K	$44K	5x	as long as short