BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.019%

Price spread now: RISEx against Vest−4.043%7-day average −3.207% · you buy dearer than you sell

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

Long on Vest Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.239%+$24 on $10k

Price spread, last 4 days (all we have)+0.224%+$22 · spread now −4.043%, 7d avg −3.207%

Together, before fees+0.463%+ Points / potential airdropVest: Active · farm board+$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.837% cheaper against Vest than usual: you would sell low and buy high (−$84 if the spread goes back to its 7-day average of −3.207%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.239%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BZ-PERP	101.00	0.0046	pay 0.0006% / 1h	13m 14s	—	$735K	10x
Short	RISEx BZ/USDC	96.916	0	get 0.0000% / 1h	13m 14s	$2.3M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Vest. 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 VestbpFee RISExbpOrdersPrice spread, now −4.043%Rate

Funding earned: −$9.59
Price spread: −4.043% → −3.207%: −$83.66
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$101.25
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Vest: 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 Vest no order-book sample	—	—	—	—	—
Sell RISEx live order book, 1 min ago	0.57 bp	3.6 bp −$4	4.3 bp −$43	doesn't fit	doesn't fit

Vest: 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 30 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	95.978	−4.972%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.810	−4.149%	$234K	$425K	15x	as long as short
Hotstuff BRENTOIL-PERP	−0.0064%	1h	96.950	−4.010%	$33K	—	20x	as long as short
Aster BZUSDT	0.0000%	4h	96.921	−4.039%	$337K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.930	−4.030%	$146.4M	$379.5M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.920	−4.040%	$10.3M	$13.7M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.930	−4.030%	$15.9M	$21.7M	50x	as long as short
RISEx BZ/USDCshort	0.0000%	1h	96.916	−4.043%	$2.3M	$1.3M	20x
Gate BZ_USDT	0.0000%	8h	96.880	−4.079%	$9.2M	$12.8M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.930	−4.030%	$27.5M	$16.3M	100x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	96.927	−4.033%	$9.3M	$7.1M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.956	−4.004%	$37K	$354K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.940	−4.020%	$4K	$2.5M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.950	−4.010%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.970	−3.990%	$278K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.930	−4.030%	$1.2M	$84K	100x	as long as short
edgeX BZUSDC	+0.0005%	4h	96.945	−4.015%	$222K	$229K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.461	−3.504%	—	—	—	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.930	−4.030%	$3.3M	$4.5M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.933	−4.027%	$677K	$5.0M	10x	as long as short
Vest BZ-PERPlong	+0.0046%	1h	101.00	long leg	—	$735K	10x
Paradex BZ-USD-PERP	+0.0049%	8h	96.920	−4.040%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.940	−4.020%	$151.8M	$127.9M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.979	−3.981%	$1.5M	$470K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.920	−4.040%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	97.000	−3.960%	$3.8M	$885K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.000	−3.960%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0209% / S +0.0081%	1h	96.915	−4.045%	$126K	—	111x	as long as short
Aftermath Perps BRENTUSD	+0.0228%	1h	96.960	−4.000%	$8K	$44K	5x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0253%	1h	96.941	−4.019%	$83K	$218K	20x	as long as short