BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.002%

Price spread now: edgeX against HTX+0.055%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.055%, 7d avg +0.015%

Together, before fees+0.097%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.040% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BRENTOIL-USDT	97.590	0	get 0.0000% / 4h	2h 24m	$280K	$253K	75x
Short	edgeX BZUSDC	97.644	0.0012	get 0.0006% / 4h	2h 24m	$225K	$227K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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 HTXbpFee edgeXbpOrdersPrice spread, now +0.055%Rate

Funding earned: $2.47
Price spread: +0.055% → +0.015%: $4.04
Slippage, 4 orders: −$26.66
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$41.15
Costs to cover: 0.477%
Break-even: 123.4 days

Slippage from HTX: live order book, 22 min ago; edgeX: live order book, 22 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 HTX live order book, 22 min ago	2.57 bp	9.6 bp −$10	16.6 bp −$166	doesn't fit	doesn't fit
Sell edgeX live order book, 22 min ago	10.26 bp	14.8 bp −$15	16.6 bp −$166	67.6 bp −$6,761	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	96.783	−0.827%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.061%	$235K	$434K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.698	+0.111%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.690	+0.102%	$147.9M	$362.0M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.670	+0.082%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.650	+0.061%	$16.1M	$20.7M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.668	+0.080%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	97.650	+0.061%	$9.3M	$11.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.700	+0.113%	$28.0M	$16.5M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.619	+0.030%	$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	97.601	+0.011%	$34K	$309K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.700	+0.113%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.680	+0.092%	$101K	$250K	15x	as long as short
HTX BRENTOIL-USDTlong	0.0000%	4h	97.590	long leg	$280K	$253K	75x
Phemex XBRUSDT	0.0000%	4h	97.680	+0.092%	$1.2M	$83K	100x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.704	+0.117%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.231	+0.657%	—	—	—	as long as short
edgeX BZUSDCshort	+0.0012%	4h	97.644	+0.055%	$225K	$227K	20x
BloFin BZ-USDT	+0.0012%	4h	97.660	+0.072%	$1.5M	$97K	50x	as long as short
Vest BZ-PERP	+0.0017%	1h	101.75	+4.263%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.680	+0.092%	$3.3M	$4.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.699	+0.112%	$680K	$3.7M	10x	as long as short
Paradex BZ-USD-PERP	+0.0050%	8h	97.683	+0.096%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.718	+0.131%	$154.3M	$124.5M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.720	+0.133%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.600	+0.010%	$3.1M	$1.0M	15x	as long as short
Aftermath Perps BRENTUSD	+0.0060%	1h	97.611	+0.022%	$7K	$42K	5x	as long as short
Hotstuff BRENTOIL-PERP	+0.0064%	1h	97.630	+0.041%	$34K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.720	+0.133%	$3.8M	$834K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.620	+0.031%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0319% / S −0.2554%	1h	97.685	+0.097%	$116K	—	111x	as long as short