BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.011%

Price spread now: Extended against gTrade (Gains Network)−0.553%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Extended

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.553% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.553% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$55 on $10k: about 3 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BRENT/USD	98.053	L +0.0011% / S −0.0011%	pay 0.0001% / 1h	39m 38s	—	—	—
Short	Extended XBR-USD	97.511	0.0032	get 0.0004% / 1h	39m 38s	$675K	$4.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ExtendedbpOrdersPrice spread, now −0.553%Rate

Funding earned: $4.32
Price spread: −0.553% → 0.000%: −$55.26
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$65.94
Costs to cover: 0.150%
Break-even: 113.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 4 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Extended live order book, 4 min ago	0.10 bp	2.6 bp −$3	11.7 bp −$117	doesn't fit	doesn't fit

gTrade (Gains Network): 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	96.333	−1.754%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0088%	1h	97.270	−0.798%	$233K	$439K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.488	−0.576%	$339K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.500	−0.564%	$147.7M	$367.6M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.510	−0.554%	$10.4M	$12.7M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.490	−0.574%	$16.0M	$20.4M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.481	−0.584%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.470	−0.594%	$9.2M	$12.1M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.510	−0.554%	$27.9M	$16.6M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.458	−0.607%	$9.3M	$6.9M	—	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	97.462	−0.602%	$29K	$307K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.520	−0.543%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.510	−0.554%	$104K	$242K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.320	−0.747%	$279K	$267K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.510	−0.554%	$1.2M	$84K	100x	as long as short
BloFin BZ-USDT	+0.0004%	4h	97.440	−0.625%	$1.5M	$92K	50x	as long as short
edgeX BZUSDC	+0.0007%	4h	97.427	−0.639%	$224K	$227K	20x	as long as short
gTrade (Gains Network) BRENT/USDlong	L +0.0011% / S −0.0011%	1h	98.053	long leg	—	—	—
Vest BZ-PERP	+0.0029%	1h	101.53	+3.546%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.490	−0.574%	$3.2M	$4.7M	20x	as long as short
Extended XBR-USDshort	+0.0032%	1h	97.511	−0.553%	$675K	$4.1M	10x
Paradex BZ-USD-PERP	+0.0050%	8h	97.497	−0.567%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.521	−0.542%	$154.0M	$126.0M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.529	−0.534%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.450	−0.615%	$3.1M	$1.0M	15x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0063%	1h	97.502	−0.562%	$82K	$208K	20x	as long as short
Hotstuff BRENTOIL-PERP	+0.0096%	1h	97.530	−0.533%	$34K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.550	−0.513%	$3.8M	$868K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.370	−0.696%	$26K	$274K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0103%	1h	97.393	−0.673%	$7K	$43K	5x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0239% / S −0.0325%	1h	97.495	−0.569%	$127K	—	111x	as long as short