BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.004%

Price spread now: RISEx against Extended−0.027%7-day average +0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$150.145% of the position

Long on Extended Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.231%+$23 on $10k

Price spread, last 7 days+0.166%+$17 · spread now −0.027%, 7d avg +0.079%

Together, before fees+0.397%+ Points / potential airdropExtended: Active · farm board+$40 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 0.106% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.079%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.231%, 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	Extended XBR-USD	96.278	0.0032	pay 0.0004% / 1h	45m 26s	$745K	$5.4M	10x
Short	RISEx BZ/USDC	96.252	0	get 0.0000% / 1h	45m 26s	$2.2M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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 ExtendedbpFee RISExbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$6.72
Price spread: −0.027% → +0.079%: −$10.65
Slippage, 4 orders: −$3.54
Fee Extended: 2.5 bp × 2 orders: −$5
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$31.91
Costs to cover: 0.145%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; RISEx: live order book, 3 min ago.

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 Extended live order book, 3 min ago	0.52 bp	3.3 bp −$3	18.4 bp −$184	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	1.09 bp	4.1 bp −$4	4.5 bp −$45	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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.265	−0.013%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.510	−0.798%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.070	−0.216%	$232K	$483K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.248	−0.031%	$334K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.261	−0.018%	$145.6M	$435.4M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.270	−0.008%	$10.4M	$16.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.260	−0.019%	$15.8M	$25.5M	50x	as long as short
RISEx BZ/USDCshort	0.0000%	1h	96.252	−0.027%	$2.2M	$1.3M	20x
Gate BZ_USDT	0.0000%	8h	96.220	−0.060%	$9.2M	$14.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.260	−0.019%	$27.6M	$20.1M	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	96.240	−0.039%	$9.3M	$7.5M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.251	−0.028%	$24K	$375K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.280	+0.002%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.290	+0.013%	$103K	$272K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.210	−0.070%	$306K	$229K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.360	+0.085%	$1.2M	$94K	100x	as long as short
edgeX BZUSDC	+0.0010%	4h	96.205	−0.076%	$220K	$233K	20x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	96.812	+0.555%	—	—	—	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0020%	1h	96.289	+0.011%	$83K	$233K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0028%	1h	96.180	−0.102%	$3.1M	$1.1M	15x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.280	+0.002%	$3.4M	$4.2M	20x	as long as short
Extended XBR-USDlong	+0.0032%	1h	96.278	long leg	$745K	$5.4M	10x
Paradex BZ-USD-PERP	+0.0039%	8h	96.262	−0.017%	$3K	$521	5x	as long as short
BloFin BZ-USDT	+0.0044%	4h	96.280	+0.002%	$1.5M	$95K	50x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.36	+4.240%	—	$735K	10x	as long as short
Hotstuff BRENTOIL-PERP	+0.0048%	1h	96.290	+0.013%	$33K	—	20x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.290	+0.013%	$151.1M	$143.7M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.325	+0.049%	$1.5M	$511K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.310	+0.033%	$3.8M	$989K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.290	+0.013%	$25K	$272K	50x	as long as short
Aftermath Perps BRENTUSD	+0.0546%	1h	96.226	−0.053%	$6K	$44K	5x	as long as short