Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.020%
Price spread now: Ondo Perps against RISEx−0.006%7-day average −0.146% · 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)−0.099%−$10 on $10k
+Price spread, last 7 days−0.403%−$40 · spread now −0.006%, 7d avg −0.146%
=Together, before fees−0.502%+ Points / potential airdropOndo Perps: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.140% dearer against RISEx than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.146%. Mind the row above: over the last 4 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BZ/USDC | 97.365 | 0 | get 0.0000% / 1h | 37m 09s | $2.4M | $1.7M | 20x |
| Short | Ondo Perps BRENT-USD.P | 97.360 | 0.0050 | get 0.0006% / 1h | 37m 09s | $3.1M | $1.0M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against RISEx. 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
- $10.58
- Price spread: −0.006% → −0.146%
- $14.01
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $13.6
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: RISEx: live order book, 2 min ago; Ondo Perps: 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 RISEx live order book, 2 min ago | 1.90 bp | 4.9 bp −$5 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | 96.628 | −0.757% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | −0.098% | $233K | $439K | 15x | as long as short |
| BloFin BZ-USDT | −0.0002% | 4h | 97.400 | +0.035% | $1.5M | $92K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.384 | +0.019% | $339K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.390 | +0.025% | $147.4M | $367.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.380 | +0.015% | $10.4M | $12.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.370 | +0.005% | $16.0M | $20.4M | 50x | as long as short |
| RISEx BZ/USDClong | 0.0000% | 1h | 97.365 | long leg | $2.4M | $1.7M | 20x | |
| Gate BZ_USDT | 0.0000% | 8h | 97.370 | +0.005% | $9.2M | $12.1M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.390 | +0.025% | $28.0M | $16.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.458 | +0.095% | $9.3M | $6.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.490 | +0.128% | $29K | $307K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.410 | +0.046% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.390 | +0.025% | $104K | $243K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.350 | −0.016% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.430 | +0.066% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0003% | 4h | 97.478 | +0.116% | $224K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.948 | +0.598% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0029% | 1h | 101.45 | +4.195% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.390 | +0.025% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.411 | +0.047% | $675K | $4.1M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.382 | +0.017% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.429 | +0.065% | $153.8M | $126.0M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.425 | +0.061% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.Pshort | +0.0050% | 1h | 97.360 | −0.006% | $3.1M | $1.0M | 15x | |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.412 | +0.048% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.450 | +0.087% | $3.8M | $860K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.440 | +0.077% | $26K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0105% | 1h | 97.431 | +0.067% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0242% / S −0.1092% | 1h | 97.395 | +0.030% | $115K | — | 111x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0264% | 1h | 97.420 | +0.056% | $34K | — | 20x | as long as short |
RISEx BZ/USDC
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 BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]