BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.078%

Price spread now: edgeX against Bitget−0.096%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$460.455% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.187%+$19 on $10k

Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.096%, 7d avg −0.033%

Together, before fees+0.243%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.063% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BZUSDT	96.080	0	get 0.0000% / 4h	41m 39s	$27.4M	$21.1M	100x
Short	edgeX BZUSDC	95.988	0.0003	get 0.0001% / 4h	41m 39s	$220K	$234K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now −0.096%Rate

Funding earned: $0.53
Price spread: −0.096% → −0.033%: −$6.32
Slippage, 4 orders: −$24.52
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$51.31
Costs to cover: 0.455%
Break-even: 680.3 days

Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 35 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 Bitget live order book, 2 min ago	1.04 bp	7.7 bp −$8	10.3 bp −$103	29.5 bp −$2,947	57.9 bp −$28.9K
Sell edgeX live order book, 35 min ago	10.42 bp	14.9 bp −$15	16.3 bp −$163	57.6 bp −$5,761	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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.075	−0.005%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.369	−0.740%	$8K	$7K	30x	as long as short
tradeXYZ xyz:BRENTOIL	−0.0150%	1h	96.124	+0.046%	$147.8M	$143.8M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0040%	1h	96.060	−0.021%	$232K	$577K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0032%	1h	96.110	+0.031%	$33K	—	20x	as long as short
RISEx BZ/USDC	−0.0020%	1h	96.058	−0.023%	$2.2M	$1.3M	20x	as long as short
Binance BZUSDT	−0.0016%	4h	96.080	0.000%	$145.8M	$468.6M	100x	as long as short
GRVT BZ_USDT_Perp	−0.0012%	4h	96.060	−0.021%	$34K	$375K	25x	as long as short
Aster BZUSDT	0.0000%	4h	96.120	+0.042%	$334K	$1.4M	50x	as long as short
Bybit BZUSDT	0.0000%	8h	96.070	−0.010%	$10.4M	$16.0M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BZ-USDT-SWAP	0.0000%	4h	96.070	−0.010%	$15.9M	$26.8M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	96.030	−0.052%	$9.2M	$16.3M	100x	as long as short
Bitget BZUSDTlong	0.0000%	4h	96.080	long leg	$27.4M	$21.1M	100x
Variational Omni BZ	0.0000%	4h	95.963	−0.122%	$9.3M	$7.9M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.090	+0.010%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.100	+0.021%	$103K	$278K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.030	−0.052%	$306K	$249K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.080	0.000%	$1.2M	$96K	100x	as long as short
edgeX BZUSDCshort	+0.0003%	4h	95.988	−0.096%	$220K	$234K	20x
Paradex BZ-USD-PERP	+0.0011%	8h	96.080	0.000%	$3K	$521	5x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.080	0.000%	$3.3M	$4.3M	20x	as long as short
Aftermath Perps BRENTUSD	+0.0032%	1h	96.102	+0.023%	$6K	$45K	5x	as long as short
BloFin BZ-USDT	+0.0037%	4h	96.040	−0.042%	$1.5M	$95K	50x	as long as short
Vest BZ-PERP	+0.0046%	1h	99.780	+3.851%	—	$735K	10x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.130	+0.052%	$1.5M	$529K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.070	−0.010%	$3.0M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.070	−0.010%	$3.8M	$989K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.130	+0.052%	$25K	$271K	50x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0113%	1h	96.111	+0.032%	$81K	$235K	20x	as long as short
Extended XBR-USD	+0.0128%	1h	96.011	−0.072%	$671K	$5.2M	10x	as long as short