BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: edgeX against OKX−0.366%101s7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.432% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)+0.364%+$36 · spread now −0.366%, 7d avg −0.023%

Together, before fees+0.415%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.342% cheaper against OKX than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.023%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BZ-USDT-SWAP	94.380	−0.0003	get 0.0002% / 4h	55m 56s	$15.8M	$28.6M	50x
Short	edgeX BZUSDC	94.035	−0.0007	pay 0.0003% / 4h	55m 56s	$216K	$230K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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 OKXbpFee edgeXbpOrdersPrice spread, now −0.366%Rate

Funding earned: −$0.76
Price spread: −0.366% → −0.023%: −$34.22
Slippage, 4 orders: −$24.23
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$78.21
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; edgeX: live order book, 49 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 OKX live order book, 1 min ago	0.53 bp	6.1 bp −$6	9.2 bp −$92	32.2 bp −$3,218	doesn't fit
Sell edgeX live order book, 49 min ago	10.62 bp	15.2 bp −$15	16.5 bp −$165	66.5 bp −$6,653	doesn't fit

BZ on 31 exchanges

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
RISEx BZ/USDC	−0.0384%	1h	94.234	−0.155%	$2.2M	$2.6M	20x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0337%	1h	94.251	−0.137%	$106K	$276K	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0280%	1h	94.290	−0.095%	$29K	$386K	15x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0080%	1h	94.150	−0.244%	$246K	$1.0M	15x	as long as short
Bybit BZUSDT	−0.0060%	8h	94.400	+0.021%	$10.5M	$17.4M	100x	as long as short
Binance BZUSDT	−0.0021%	4h	94.442	+0.066%	$145.7M	$465.9M	100x	as long as short
BloFin BZ-USDT	−0.0011%	4h	94.250	−0.138%	$1.5M	$123K	50x	as long as short
GRVT BZ_USDT_Perp	−0.0010%	4h	93.888	−0.521%	$15K	$307K	25x	as long as short
edgeX BZUSDCshort	−0.0007%	4h	94.035	−0.366%	$216K	$230K	20x
OKX BZ-USDT-SWAPlong	−0.0003%	4h	94.380	long leg	$15.8M	$28.6M	50x

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BZUSDT	0.0000%	4h	94.450	+0.074%	$324K	$634K	50x	as long as short
Gate BZ_USDT	0.0000%	8h	94.390	+0.011%	$8.8M	$12.9M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	94.470	+0.095%	$27.4M	$30.2M	100x	as long as short
Variational Omni BZ	0.0000%	4h	93.850	−0.561%	$8.9M	$6.7M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	94.300	−0.085%	$4K	$1.6M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	94.120	−0.275%	$241K	$312K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	94.320	−0.064%	$1.2M	$91K	100x	as long as short
Aftermath Perps BRENTUSD	+0.0008%	1h	94.076	−0.322%	$7K	$37K	5x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	94.801	+0.446%	—	—	—	as long as short
Vest BZ-PERP	+0.0018%	1h	97.910	+3.740%	—	$736K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	94.330	−0.053%	$3.4M	$5.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	94.445	+0.069%	$753K	$3.9M	10x	as long as short
Injective BRENT/USDC PERP	+0.0033%	1h	94.836	+0.483%	$8K	$7K	30x	as long as short
Paradex BZ-USD-PERP	+0.0037%	8h	94.270	−0.117%	$2K	$2K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	94.423	+0.046%	$139.3M	$184.7M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	94.276	−0.110%	$1.5M	$495K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	94.220	−0.170%	$3.0M	$1.2M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	94.380	0.000%	$3.4M	$1.1M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	93.870	−0.540%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0165% / S −0.0429%	1h	94.265	−0.122%	$22K	—	111x	as long as short
Hotstuff BRENTOIL-PERP	+0.0504%	1h	94.280	−0.106%	$32K	—	20x	as long as short