BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h +0.014%

Price spread now: GMX against Vest−4.015%7-day average −3.108% · you buy dearer than you sell

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

Long on Vest Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.077%+$8 on $10k

Price spread, last 3 days (all we have)+0.359%+$36 · spread now −4.015%, 7d avg −3.108%

Together, before fees+0.437%+ Points / potential airdropVest: Active · farm board+$44 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GMX is 0.907% cheaper against Vest than usual: you would sell low and buy high (−$91 if the spread goes back to its 7-day average of −3.108%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.077%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BZ-PERP	100.75	0.0046	pay 0.0006% / 1h	3m 56s	—	$735K	10x
Short	GMX BRENTOIL/USD [ETH-USDC]	96.705	L +0.0200% / S +0.0124%	pay 0.0016% / 1h	3m 56s	$126K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Vest. 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 VestbpFee GMXbpOrdersPrice spread, now −4.015%Rate

Funding earned: −$35.68
Price spread: −4.015% → −3.108%: −$90.71
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee GMX: 6 bp × 2 orders: −$12
Net: −$140.39
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; GMX: 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 Vest no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Vest and GMX: 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	95.731	−4.982%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	−4.069%	$234K	$440K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0088%	1h	96.730	−3.990%	$33K	—	20x	as long as short
BloFin BZ-USDT	−0.0002%	4h	96.720	−4.000%	$1.5M	$91K	50x	as long as short
Aster BZUSDT	0.0000%	4h	96.724	−3.996%	$336K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.714	−4.006%	$145.8M	$403.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.700	−4.020%	$10.4M	$15.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.700	−4.020%	$15.9M	$24.2M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.699	−4.021%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.680	−4.040%	$9.2M	$14.4M	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	96.710	−4.010%	$27.6M	$17.9M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.687	−4.033%	$9.3M	$7.4M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.668	−4.051%	$24K	$366K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.730	−3.990%	$4K	$2.6M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.730	−3.990%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.660	−4.060%	$308K	$222K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.700	−4.020%	$1.2M	$93K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.240	−3.484%	—	—	—	as long as short
edgeX BZUSDC	+0.0012%	4h	96.613	−4.106%	$221K	$233K	20x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0020%	1h	96.734	−3.986%	$83K	$220K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.710	−4.010%	$3.4M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.720	−4.000%	$723K	$5.3M	10x	as long as short
Ondo Perps BRENT-USD.P	+0.0043%	1h	96.660	−4.060%	$3.1M	$1.1M	15x	as long as short
Vest BZ-PERPlong	+0.0046%	1h	100.75	long leg	—	$735K	10x
Paradex BZ-USD-PERP	+0.0046%	8h	96.694	−4.026%	$3K	$521	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.732	−3.988%	$151.7M	$138.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.754	−3.966%	$1.5M	$506K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.730	−3.990%	$3.8M	$927K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.630	−4.089%	$25K	$272K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]short	L +0.0200% / S +0.0124%	1h	96.705	−4.015%	$126K	—	111x
Aftermath Perps BRENTUSD	+0.0336%	1h	96.695	−4.025%	$7K	$44K	5x	as long as short