BZ

Alert: funding

Alert: spread

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: Gate against Paradex+0.024%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Gate

What this pair did over the last

the charts below follow

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 airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Gate is 0.024% dearer against Paradex than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BZ-USD-PERP	97.627	0.0050	pay 0.0050% / 8h	2h 24m	$3K	$336	5x
Short	Gate BZ_USDT	97.650	0	get 0.0000% / 8h	2h 24m	$9.3M	$11.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Paradex. 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 ParadexbpFee GatebpOrdersPrice spread, now +0.024%Rate

Funding earned: −$10.5
Price spread: +0.024% → 0.000%: $2.37
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$27.13
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Gate: 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 Paradex no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	1.54 bp	13.6 bp −$14	23.7 bp −$237	32.6 bp −$3,263	44.6 bp −$22.3K

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	96.783	−0.864%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0096%	1h	97.530	−0.099%	$235K	$434K	15x	as long as short
Aster BZUSDT	0.0000%	4h	97.655	+0.028%	$340K	$930K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.640	+0.013%	$147.8M	$361.9M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	97.630	+0.003%	$10.3M	$12.6M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	97.640	+0.013%	$16.1M	$20.6M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	97.668	+0.042%	$2.4M	$1.7M	20x	as long as short
Gate BZ_USDTshort	0.0000%	8h	97.650	+0.024%	$9.3M	$11.7M	100x
Bitget BZUSDT	0.0000%	4h	97.660	+0.034%	$28.0M	$16.5M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.619	−0.008%	$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	−0.027%	$34K	$309K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.700	+0.075%	$4K	$2.4M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	97.680	+0.054%	$101K	$250K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.590	−0.038%	$280K	$253K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.680	+0.054%	$1.2M	$83K	100x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0009%	1h	97.704	+0.079%	$82K	$208K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	98.231	+0.619%	—	—	—	as long as short
edgeX BZUSDC	+0.0012%	4h	97.644	+0.017%	$225K	$227K	20x	as long as short
BloFin BZ-USDT	+0.0012%	4h	97.660	+0.034%	$1.5M	$97K	50x	as long as short
Vest BZ-PERP	+0.0017%	1h	101.75	+4.223%	—	$735K	10x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.640	+0.013%	$3.2M	$4.6M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.699	+0.074%	$680K	$3.7M	10x	as long as short
Paradex BZ-USD-PERPlong	+0.0050%	8h	97.627	long leg	$3K	$336	5x
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.673	+0.047%	$154.3M	$123.9M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.720	+0.095%	$1.6M	$463K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	97.640	+0.013%	$3.1M	$1.0M	15x	as long as short
Aftermath Perps BRENTUSD	+0.0060%	1h	97.611	−0.016%	$7K	$42K	5x	as long as short
Hotstuff BRENTOIL-PERP	+0.0064%	1h	97.630	+0.003%	$34K	—	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.690	+0.065%	$3.8M	$834K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.620	−0.007%	$26K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0319% / S −0.2554%	1h	97.685	+0.060%	$116K	—	111x	as long as short