Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.013%
Price spread now: Paradex against Gate+0.028%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.028% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BZ_USDT | 97.370 | 0 | get 0.0000% / 8h | 3h 14m | $9.2M | $12.2M | 100x |
| Short | Paradex BZ-USD-PERP | 97.397 | 0.0050 | get 0.0050% / 8h | 3h 14m | $3K | $336 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: +0.028% → 0.000%
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$5.69
- Costs to cover
- 0.190%
- Break-even
- 10.8 days
Slippage unknown: Gate: live order book, 4 min ago; Paradex: no order-book sample. 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 Gate live order book, 4 min ago | 1.03 bp | 10.3 bp −$10 | 16.8 bp −$168 | 29.2 bp −$2,917 | 40.9 bp −$20.4K |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 96.536 | −0.857% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | −0.103% | $233K | $439K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.395 | +0.026% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.400 | +0.031% | $147.4M | $366.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.390 | +0.021% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.400 | +0.031% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.382 | +0.013% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDTlong | 0.0000% | 8h | 97.370 | long leg | $9.2M | $12.2M | 100x | |
| Bitget BZUSDT | 0.0000% | 4h | 97.390 | +0.021% | $28.0M | $16.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.338 | −0.033% | $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 | 97.338 | −0.033% | $26K | $315K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.410 | +0.041% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.410 | +0.041% | $104K | $246K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.320 | −0.051% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.510 | +0.144% | $1.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.940 | +0.586% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0015% | 4h | 97.336 | −0.035% | $223K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0025% | 1h | 101.45 | +4.190% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.410 | +0.041% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.411 | +0.042% | $680K | $4.0M | 10x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0040% | 1h | 97.390 | +0.021% | $34K | — | 20x | as long as short |
| Paradex BZ-USD-PERPshort | +0.0050% | 8h | 97.397 | +0.028% | $3K | $336 | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.419 | +0.050% | $153.7M | $126.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.428 | +0.060% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.350 | −0.021% | $3.1M | $1.0M | 15x | as long as short |
| BloFin BZ-USDT | +0.0058% | 4h | 97.390 | +0.021% | $1.5M | $92K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.384 | +0.014% | $82K | $208K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0094% | 1h | 97.362 | −0.009% | $7K | $43K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.430 | +0.062% | $3.8M | $851K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.360 | −0.010% | $26K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0265% / S −0.1575% | 1h | 97.395 | +0.026% | $115K | — | 111x | as long as short |
Gate BZ_USDT
Paradex BZ-USD-PERP
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
BloFin BZ-USDT
Kraken Futures PF_BRENTOILUSD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]