BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.011%

Price spread now: Extended against gTrade (Gains Network)−0.480%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Extended

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.480% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.480% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 3 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BRENT/USD	95.810	L +0.0011% / S −0.0011%	pay 0.0001% / 1h	16m 09s	—	—	—
Short	Extended XBR-USD	95.350	0.0032	get 0.0004% / 1h	16m 09s	$693K	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ExtendedbpOrdersPrice spread, now −0.480%Rate

Funding earned: $4.32
Price spread: −0.480% → 0.000%: −$48.01
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$58.69
Costs to cover: 0.150%
Break-even: 102.1 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Extended: live order book, 6 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Extended live order book, 6 min ago	1.83 bp	4.8 bp −$5	25.3 bp −$253	doesn't fit	doesn't fit

gTrade (Gains Network): 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 exchanges

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
Deribit BRENTOIL_USDC-PERPETUAL	−0.0484%	1h	95.290	−0.543%	$61K	$309K	15x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0339%	1h	95.309	−0.523%	$94K	$245K	20x	as long as short
RISEx BZ/USDC	−0.0289%	1h	95.330	−0.501%	$2.3M	$1.9M	20x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0080%	1h	95.420	−0.407%	$270K	$647K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0048%	4h	95.510	−0.313%	$14K	$320K	25x	as long as short
Bybit BZUSDT	−0.0008%	8h	95.310	−0.522%	$10.0M	$15.4M	100x	as long as short
Aster BZUSDT	0.0000%	4h	95.360	−0.469%	$329K	$700K	50x	as long as short
Binance BZUSDT	0.0000%	4h	95.310	−0.522%	$146.5M	$418.4M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	95.280	−0.553%	$16.2M	$24.7M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	95.260	−0.574%	$9.1M	$12.5M	100x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	95.300	−0.532%	$27.9M	$25.8M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.465	−0.360%	$9.2M	$6.5M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.380	−0.449%	$4K	$1.8M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.390	−0.438%	$273K	$260K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.360	−0.470%	$1.2M	$81K	100x	as long as short
gTrade (Gains Network) BRENT/USDlong	L +0.0011% / S −0.0011%	1h	95.810	long leg	—	—	—
Ondo Perps BRENT-USD.P	+0.0017%	1h	95.380	−0.449%	$3.1M	$1.1M	15x	as long as short
Vest BZ-PERP	+0.0019%	1h	99.010	+3.340%	—	$735K	10x	as long as short
edgeX BZUSDC	+0.0020%	4h	95.482	−0.342%	$219K	$231K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	95.310	−0.522%	$3.5M	$5.5M	20x	as long as short
Extended XBR-USDshort	+0.0032%	1h	95.350	−0.480%	$693K	$3.2M	10x
Injective BRENT/USDC PERP	+0.0033%	1h	94.836	−1.017%	$8K	$7K	30x	as long as short
BloFin BZ-USDT	+0.0039%	4h	95.440	−0.386%	$1.6M	$108K	50x	as long as short
Paradex BZ-USD-PERP	+0.0041%	8h	95.356	−0.474%	$1K	$2K	5x	as long as short
Aftermath Perps BRENTUSD	+0.0044%	1h	95.500	−0.324%	$7K	$38K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	95.319	−0.513%	$145.5M	$139.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	95.272	−0.562%	$1.6M	$391K	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.370	−0.459%	$3.4M	$1.1M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.520	−0.303%	$25K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0184% / S −0.0707%	1h	95.305	−0.527%	$33K	—	111x	as long as short
Hotstuff BRENTOIL-PERP	+0.0272%	1h	95.420	−0.407%	$33K	—	20x	as long as short