BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.001%

Price spread now: Bitget against edgeX+0.161%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.161%, 7d avg +0.033%

Together, before fees−0.145%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.129% dearer against edgeX than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.033%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 25 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX BZUSDC	96.824	0.0017	pay 0.0008% / 4h	2h 15m	$222K	$228K	20x
Short	Bitget BZUSDT	96.980	0	get 0.0000% / 4h	2h 15m	$27.5M	$16.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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 edgeXbpFee BitgetbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$3.55
Price spread: +0.161% → +0.033%: $12.89
Slippage, 4 orders: −$22.71
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$34.37
Costs to cover: 0.437%
Break-even: never at this rate

Slippage from edgeX: live order book, 52 min ago; Bitget: live order book, 4 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 edgeX live order book, 52 min ago	9.83 bp	14.3 bp −$14	15.2 bp −$152	68.1 bp −$6,812	doesn't fit
Sell Bitget live order book, 4 min ago	0.52 bp	7.0 bp −$7	9.4 bp −$94	24.5 bp −$2,452	67.4 bp −$33.7K

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
Injective BRENT/USDC PERP	−0.0220%	1h	95.978	−0.873%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.810	−0.014%	$234K	$425K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.986	+0.168%	$337K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.975	+0.156%	$146.4M	$379.4M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.940	+0.120%	$10.3M	$13.7M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.960	+0.141%	$16.0M	$21.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.956	+0.137%	$2.3M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.930	+0.110%	$9.2M	$12.8M	100x	as long as short
Bitget BZUSDTshort	0.0000%	4h	96.980	+0.161%	$27.5M	$16.2M	100x
Variational Omni BZ	0.0000%	4h	96.927	+0.107%	$9.3M	$7.1M	—	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	96.873	+0.051%	$24K	$341K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.000	+0.182%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.990	+0.172%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.970	+0.151%	$278K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.970	+0.151%	$1.2M	$83K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.498	+0.697%	—	—	—	as long as short
edgeX BZUSDClong	+0.0017%	4h	96.824	long leg	$222K	$228K	20x
Lighter BRENTOIL	+0.0032%	1h	96.970	+0.151%	$3.3M	$4.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.975	+0.156%	$676K	$5.0M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	101.04	+4.355%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0049%	8h	96.947	+0.128%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.006	+0.188%	$151.9M	$127.9M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.036	+0.219%	$1.5M	$470K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.920	+0.100%	$3.1M	$1.1M	15x	as long as short
Hotstuff BRENTOIL-PERP	+0.0088%	1h	96.990	+0.172%	$33K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.030	+0.213%	$3.8M	$885K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.880	+0.058%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0209% / S +0.0083%	1h	96.955	+0.136%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0229%	1h	96.883	+0.061%	$8K	$44K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0253%	1h	96.989	+0.171%	$84K	$218K	20x	as long as short