Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: RISEx against Phemex+0.032%7-day average −0.187% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.168%−$17 on $10k
+Price spread, last 3 days (all we have)−0.246%−$25 · spread now +0.032%, 7d avg −0.187%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.219% dearer against Phemex than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 96.700 | 0 | get 0.0000% / 4h | 3h 00m | $1.2M | $93K | 100x |
| Short | RISEx BZ/USDC | 96.731 | 0 | get 0.0000% / 1h | 0m 22s | $2.2M | $1.3M | 20x |
Phemex XBRUSDT
RISEx BZ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phemex. 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
- $0
- Price spread: +0.032% → −0.187%
- $21.89
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $3.89
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 2 min ago; RISEx: 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 Phemex live order book, 2 min ago | 6.72 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 1.45 bp | 4.4 bp −$4 | 5.1 bp −$51 | doesn't fit | doesn't fit |
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 | 95.731 | −1.002% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0136% | 1h | 96.650 | −0.052% | $234K | $440K | 15x | as long as short |
| BloFin BZ-USDT | −0.0004% | 4h | 96.670 | −0.031% | $1.5M | $91K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.744 | +0.045% | $336K | $1.2M | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 96.720 | +0.021% | $145.9M | $401.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.710 | +0.010% | $10.4M | $15.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.720 | +0.021% | $15.9M | $24.1M | 50x | as long as short |
| RISEx BZ/USDCshort | 0.0000% | 1h | 96.731 | +0.032% | $2.2M | $1.3M | 20x | |
| Gate BZ_USDT | 0.0000% | 8h | 96.670 | −0.031% | $9.2M | $14.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.730 | +0.031% | $27.6M | $17.8M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
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 | 96.668 | −0.033% | $9.3M | $7.4M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.676 | −0.025% | $24K | $366K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.710 | +0.010% | $4K | $2.6M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.710 | +0.010% | $103K | $271K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.660 | −0.041% | $308K | $222K | 75x | as long as short |
| Phemex XBRUSDTlong | 0.0000% | 4h | 96.700 | long leg | $1.2M | $93K | 100x | |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.262 | +0.581% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0015% | 4h | 96.699 | −0.001% | $221K | $233K | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0020% | 1h | 96.709 | +0.009% | $83K | $220K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.680 | −0.021% | $3.4M | $4.4M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 96.727 | +0.028% | $720K | $5.3M | 10x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.76 | +4.199% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0046% | 8h | 96.709 | +0.010% | $3K | $521 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.740 | +0.041% | $151.7M | $138.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.773 | +0.075% | $1.5M | $506K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 96.630 | −0.072% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0064% | 1h | 96.700 | 0.000% | $33K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.740 | +0.041% | $3.8M | $925K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.740 | +0.041% | $25K | $272K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0202% / S +0.0121% | 1h | 96.725 | +0.026% | $126K | — | 111x | as long as short |
| Aftermath Perps BRENTUSD | +0.0322% | 1h | 96.737 | +0.038% | $7K | $44K | 5x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]
Aftermath Perps BRENTUSD