Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.001%
Price spread now: Paradex against Lighter−0.007%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BRENTOIL | 97.500 | 0.0032 | pay 0.0004% / 1h | 4m 52s | $3.2M | $4.7M | 20x |
| Short | Paradex BZ-USD-PERP | 97.494 | 0.0050 | get 0.0050% / 8h | 3h 04m | $3K | $336 | 5x |
Lighter BRENTOIL
Paradex BZ-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Lighter. 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
- $3.78
- Price spread: −0.007% → 0.000%
- −$0.65
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$0.88
- Costs to cover
- 0.040%
- Break-even
- 8.6 days
Slippage unknown: Lighter: live order book, 3 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 Lighter live order book, 3 min ago | 0.51 bp | 0.5 bp −$1 | 0.6 bp −$6 | 7.0 bp −$700 | doesn't fit |
| 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 | −0.989% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.460 | −0.041% | $237K | $443K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.488 | −0.012% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.491 | −0.009% | $147.4M | $366.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.500 | 0.000% | $10.4M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.480 | −0.021% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.471 | −0.030% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.460 | −0.041% | $9.2M | $12.2M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.490 | −0.010% | $28.0M | $16.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.468 | −0.033% | $9.3M | $6.9M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.490 | −0.010% | $26K | $314K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.510 | +0.010% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.500 | 0.000% | $101K | $249K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.460 | −0.041% | $280K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.530 | +0.031% | $1.2M | $82K | 100x | as long as short |
| edgeX BZUSDC | +0.0010% | 4h | 97.467 | −0.034% | $224K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.042 | +0.556% | — | — | — | as long as short |
| BloFin BZ-USDT | +0.0022% | 4h | 97.490 | −0.010% | $1.5M | $97K | 50x | as long as short |
| Vest BZ-PERP | +0.0023% | 1h | 101.55 | +4.154% | — | $735K | 10x | as long as short |
| Lighter BRENTOILlong | +0.0032% | 1h | 97.500 | long leg | $3.2M | $4.7M | 20x | |
| Extended XBR-USD | +0.0032% | 1h | 97.509 | +0.010% | $680K | $3.9M | 10x | as long as short |
| Paradex BZ-USD-PERPshort | +0.0050% | 8h | 97.494 | −0.007% | $3K | $336 | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.503 | +0.003% | $153.8M | $125.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.517 | +0.017% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.450 | −0.051% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.480 | −0.020% | $82K | $208K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0077% | 1h | 97.461 | −0.040% | $7K | $42K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.570 | +0.072% | $3.8M | $849K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.480 | −0.021% | $26K | $274K | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0104% | 1h | 97.500 | 0.000% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0276% / S −0.1799% | 1h | 97.485 | −0.015% | $115K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
BloFin BZ-USDT
Vest BZ-PERP
Extended XBR-USD
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Kraken Futures PF_BRENTOILUSD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]