BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0039%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h +0.017%

Price spread now: RISEx against Vest−4.017%7-day average −3.219% · you buy dearer than you sell

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

Long on Vest Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.238%+$24 on $10k

Price spread, last 4 days (all we have)+0.235%+$23 · spread now −4.017%, 7d avg −3.219%

Together, before fees+0.473%+ Points / potential airdropVest: Active · farm board+$47 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.798% cheaper against Vest than usual: you would sell low and buy high (−$80 if the spread goes back to its 7-day average of −3.219%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.238%, 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	101.23	0.0039	pay 0.0005% / 1h	2m 30s	—	$735K	10x
Short	RISEx BZ/USDC	97.164	0	get 0.0000% / 1h	2m 30s	$2.3M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −4.017%Rate

Funding earned: −$8.13
Price spread: −4.017% → −3.219%: −$79.79
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$95.92
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; RISEx: live order book, 1 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 Vest no order-book sample	—	—	—	—	—
Sell RISEx live order book, 1 min ago	0.77 bp	3.8 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit

Vest: 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	96.141	−5.027%	$8K	$7K	30x	as long as short
Hotstuff BRENTOIL-PERP	−0.0152%	1h	97.190	−3.991%	$33K	—	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0104%	1h	96.990	−4.188%	$234K	$433K	15x	as long as short
BloFin BZ-USDT	−0.0002%	4h	97.140	−4.040%	$1.5M	$91K	50x	as long as short
Aster BZUSDT	0.0000%	4h	97.135	−4.045%	$337K	$969K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.181	−4.000%	$147.0M	$372.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.160	−4.021%	$10.3M	$13.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.160	−4.021%	$16.0M	$20.4M	50x	as long as short
RISEx BZ/USDCshort	0.0000%	1h	97.164	−4.017%	$2.3M	$1.3M	20x
Gate BZ_USDT	0.0000%	8h	97.110	−4.070%	$9.2M	$12.4M	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	97.190	−3.991%	$27.5M	$16.4M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.086	−4.094%	$9.4M	$7.0M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	97.075	−4.104%	$37K	$343K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.240	−3.942%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.170	−4.011%	$104K	$248K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.000	−4.179%	$278K	$268K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.160	−4.021%	$1.2M	$86K	100x	as long as short
edgeX BZUSDC	+0.0002%	4h	97.092	−4.088%	$223K	$228K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.726	−3.461%	—	—	—	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.180	−4.001%	$3.3M	$4.8M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.186	−3.995%	$675K	$4.6M	10x	as long as short
Vest BZ-PERPlong	+0.0039%	1h	101.23	long leg	—	$735K	10x
Paradex BZ-USD-PERP	+0.0050%	8h	97.180	−4.001%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.181	−4.000%	$152.3M	$125.1M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.224	−3.957%	$1.5M	$444K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.090	−4.090%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.160	−4.021%	$3.8M	$871K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.130	−4.050%	$25K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0116%	1h	97.102	−4.078%	$7K	$43K	5x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0187% / S +0.0022%	1h	97.185	−3.996%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0298%	1h	97.208	−3.974%	$84K	$218K	20x	as long as short