BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.016%

Price spread now: RISEx against Extended−0.031%7-day average +0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$170.165% of the position

Long on Extended Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.229%+$23 on $10k

Price spread, last 7 days+0.205%+$20 · spread now −0.031%, 7d avg +0.075%

Together, before fees+0.433%+ Points / potential airdropExtended: Active · farm board+$43 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 0.106% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.075%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.229%, 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	Extended XBR-USD	97.599	0.0032	pay 0.0004% / 1h	8m 30s	$681K	$3.6M	10x
Short	RISEx BZ/USDC	97.568	0	get 0.0000% / 1h	8m 30s	$2.4M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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 ExtendedbpFee RISExbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$6.72
Price spread: −0.031% → +0.075%: −$10.63
Slippage, 4 orders: −$5.54
Fee Extended: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$33.89
Costs to cover: 0.165%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; RISEx: live order book, just now.

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 Extended live order book, 5 min ago	0.87 bp	4.1 bp −$4	13.2 bp −$132	doesn't fit	doesn't fit
Sell RISEx live order book, just now	1.13 bp	4.1 bp −$4	5.5 bp −$55	doesn't fit	doesn't fit

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	96.939	−0.676%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.070%	$235K	$426K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.607	+0.009%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.610	+0.012%	$147.6M	$358.6M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.590	−0.009%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.590	−0.009%	$16.1M	$20.5M	50x	as long as short
RISEx BZ/USDCshort	0.0000%	1h	97.568	−0.031%	$2.4M	$1.7M	20x
Gate BZ_USDT	0.0000%	8h	97.550	−0.050%	$9.3M	$11.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.590	−0.009%	$27.7M	$17.3M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.668	+0.071%	$9.4M	$7.0M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	97.687	+0.091%	$34K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.630	+0.032%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.620	+0.022%	$100K	$250K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.660	+0.063%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.600	+0.001%	$1.2M	$80K	100x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.607	+0.008%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.169	+0.584%	—	—	—	as long as short
Vest BZ-PERP	+0.0015%	1h	101.65	+4.151%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0018%	4h	97.666	+0.069%	$225K	$227K	20x	as long as short
BloFin BZ-USDT	+0.0028%	4h	97.620	+0.022%	$1.5M	$95K	50x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.580	−0.019%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USDlong	+0.0032%	1h	97.599	long leg	$681K	$3.6M	10x
Hotstuff BRENTOIL-PERP	+0.0040%	1h	97.630	+0.032%	$34K	—	20x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.592	−0.007%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.634	+0.036%	$154.4M	$122.8M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.641	+0.043%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.520	−0.081%	$3.1M	$998K	15x	as long as short
Aftermath Perps BRENTUSD	+0.0072%	1h	97.632	+0.034%	$7K	$42K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.610	+0.012%	$3.8M	$832K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.690	+0.094%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.605	+0.006%	$116K	—	111x	as long as short