Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: RISEx against Paradex−0.020%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 −$1 a day on $10k at the current rate, and RISEx is 0.020% cheaper against Paradex than usual: you would sell low and buy high (−$2 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 | 97.546 | 0.0050 | pay 0.0050% / 8h | 2h 07m | $3K | $336 | 5x |
| Short | RISEx BZ/USDC | 97.526 | 0 | get 0.0000% / 1h | 7m 28s | $2.4M | $1.7M | 20x |
Paradex BZ-USD-PERP
RISEx BZ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$10.5
- Price spread: −0.020% → 0.000%
- −$2.05
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$22.55
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago | 1.13 bp | 4.1 bp −$4 | 5.5 bp −$55 | doesn't fit | doesn't fit |
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 | 96.939 | −0.622% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0096% | 1h | 97.530 | −0.017% | $235K | $426K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0024% | 1h | 97.640 | +0.096% | $34K | — | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.584 | +0.039% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.570 | +0.024% | $147.6M | $358.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.560 | +0.014% | $10.3M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.560 | +0.014% | $16.1M | $20.5M | 50x | as long as short |
| RISEx BZ/USDCshort | 0.0000% | 1h | 97.526 | −0.020% | $2.4M | $1.7M | 20x | |
| Gate BZ_USDT | 0.0000% | 8h | 97.540 | −0.006% | $9.3M | $11.7M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.540 | −0.006% | $27.7M | $17.3M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Hotstuff BRENTOIL-PERP
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.668 | +0.125% | $9.4M | $7.0M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.687 | +0.145% | $34K | $307K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.650 | +0.106% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.620 | +0.076% | $100K | $249K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.630 | +0.086% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.610 | +0.065% | $1.2M | $80K | 100x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0009% | 1h | 97.630 | +0.086% | $82K | $208K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.125 | +0.594% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0014% | 1h | 101.63 | +4.187% | — | $735K | 10x | as long as short |
| edgeX BZUSDC | +0.0018% | 4h | 97.666 | +0.123% | $225K | $227K | 20x | as long as short |
| BloFin BZ-USDT | +0.0028% | 4h | 97.620 | +0.076% | $1.5M | $95K | 50x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.540 | −0.006% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.563 | +0.017% | $681K | $3.6M | 10x | as long as short |
| Paradex BZ-USD-PERPlong | +0.0050% | 8h | 97.546 | long leg | $3K | $336 | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.592 | +0.047% | $154.4M | $122.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.593 | +0.048% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.540 | −0.006% | $3.1M | $998K | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0071% | 1h | 97.625 | +0.081% | $7K | $42K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.600 | +0.055% | $3.8M | $832K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.690 | +0.147% | $26K | $274K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.575 | +0.030% | $116K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
Kraken Futures PF_BRENTOILUSD
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
edgeX BZUSDC
BloFin BZ-USDT
Lighter BRENTOIL
Extended XBR-USD
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]