Funding you earn now, next payment 08:00 UTC−0.0270%/8h= −29.6% APRpaid last 24h −0.079%
Price spread now: Injective against Paradex−0.268%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
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 0.268% cheaper against Paradex than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BZ-USD-PERP | 97.416 | 0.0050 | pay 0.0050% / 8h | 48m 58s | $2K | $921 | 5x |
| Short | Injective BRENT/USDC PERP | 97.155 | −0.0220 | pay 0.0028% / 1h | 48m 58s | $8K | $7K | 30x |
Paradex BZ-USD-PERP
Injective BRENT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Paradex. 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
- −$56.69
- Price spread: −0.268% → 0.000%
- −$26.81
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$87.53
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Injective: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Paradex and Injective: 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 PERPshort | −0.0220% | 1h | 97.155 | −0.268% | $8K | $7K | 30x | |
| Hotstuff BRENTOIL-PERP | −0.0096% | 1h | 97.440 | +0.024% | $34K | — | 20x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.700 | +0.291% | $237K | $412K | 15x | as long as short |
| BloFin BZ-USDT | −0.0032% | 4h | 97.380 | −0.037% | $1.5M | $95K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.401 | −0.015% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.393 | −0.024% | $148.3M | $353.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.370 | −0.047% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.400 | −0.017% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.427 | +0.011% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.340 | −0.078% | $9.2M | $10.8M | 100x | as long as short |
Hotstuff BRENTOIL-PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDT | 0.0000% | 4h | 97.390 | −0.027% | $27.9M | $18.2M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.526 | +0.113% | $9.4M | $6.7M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.530 | +0.117% | $18K | $329K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.380 | −0.037% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.330 | −0.089% | $100K | $253K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.300 | −0.119% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.410 | −0.006% | $1.2M | $87K | 100x | as long as short |
| edgeX BZUSDC | +0.0007% | 4h | 97.533 | +0.120% | $225K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.51 | +4.202% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.897 | +0.493% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.350 | −0.068% | $3.3M | $3.9M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.397 | −0.020% | $737K | $3.2M | 10x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0039% | 1h | 97.360 | −0.058% | $3.1M | $1.0M | 15x | as long as short |
| Paradex BZ-USD-PERPlong | +0.0050% | 8h | 97.416 | long leg | $2K | $921 | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.403 | −0.014% | $155.2M | $114.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.451 | +0.036% | $1.6M | $462K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0088% | 1h | 97.569 | +0.156% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.370 | −0.047% | $3.8M | $805K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.560 | +0.148% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.364 | −0.054% | $82K | $201K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.355 | −0.063% | $116K | — | 111x | as long as short |
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Ondo Perps BRENT-USD.P
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]