Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.013%
Price spread now: HTX against Paradex−0.069%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.069% cheaper against Paradex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BZ-USD-PERP | 97.207 | 0.0050 | pay 0.0050% / 8h | 32m 58s | $2K | $1K | 5x |
| Short | HTX BRENTOIL-USDT | 97.140 | 0 | get 0.0000% / 4h | 32m 58s | $279K | $254K | 75x |
Paradex BZ-USD-PERP
HTX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Paradex. 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
- −$10.48
- Price spread: −0.069% → 0.000%
- −$6.87
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$33.36
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; HTX: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 4 min ago | 3.08 bp | 9.1 bp −$9 | 10.5 bp −$105 | doesn't fit | doesn't fit |
Paradex: 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 | 96.605 | −0.619% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.160 | −0.048% | $236K | $412K | 15x | as long as short |
| BloFin BZ-USDT | −0.0005% | 4h | 97.280 | +0.075% | $1.5M | $98K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.285 | +0.080% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.270 | +0.065% | $149.2M | $353.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.280 | +0.075% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.260 | +0.055% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.207 | 0.000% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.270 | +0.065% | $9.2M | $11.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.260 | +0.055% | $27.8M | $18.3M | 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
RISEx BZ/USDC
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 | 97.286 | +0.081% | $9.5M | $6.5M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.219 | +0.012% | $18K | $330K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.280 | +0.075% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.280 | +0.075% | $100K | $254K | 15x | as long as short |
| HTX BRENTOIL-USDTshort | 0.0000% | 4h | 97.140 | −0.069% | $279K | $254K | 75x | |
| Phemex XBRUSDT | 0.0000% | 4h | 97.570 | +0.374% | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.34 | +4.252% | — | $735K | 10x | as long as short |
| edgeX BZUSDC | +0.0011% | 4h | 97.311 | +0.108% | $224K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.823 | +0.634% | — | — | — | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0016% | 1h | 97.250 | +0.044% | $34K | — | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0028% | 1h | 97.130 | −0.079% | $3.1M | $996K | 15x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.290 | +0.086% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.258 | +0.053% | $738K | $3.1M | 10x | as long as short |
| Paradex BZ-USD-PERPlong | +0.0050% | 8h | 97.207 | long leg | $2K | $1K | 5x | |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.298 | +0.094% | $155.2M | $114.8M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.310 | +0.106% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0091% | 1h | 97.308 | +0.104% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.280 | +0.075% | $3.8M | $801K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.160 | −0.048% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.289 | +0.084% | $82K | $200K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.275 | +0.070% | $115K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
Phemex XBRUSDT
Vest BZ-PERP
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Hotstuff BRENTOIL-PERP
Ondo Perps BRENT-USD.P
Lighter BRENTOIL
Extended XBR-USD
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]