Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: tradeXYZ against Paradex+0.031%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropParadex: Active · tradeXYZ: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.031% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BZ-USD-PERP | 97.170 | 0.0050 | pay 0.0050% / 8h | 31m 39s | $2K | $1K | 5x |
| Short | tradeXYZ xyz:BRENTOIL | 97.200 | 0.0050 | get 0.0006% / 1h | 31m 39s | $155.1M | $114.8M | 20x |
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOILFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0.02
- Price spread: +0.031% → 0.000%
- $3.09
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$18.9
- Costs to cover
- 0.220%
- Break-even
- 8622.9 days
Slippage unknown: Paradex: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago | 0.05 bp | 10.0 bp −$10 | 10.7 bp −$107 | 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 | −0.581% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.160 | −0.010% | $236K | $412K | 15x | as long as short |
| BloFin BZ-USDT | −0.0005% | 4h | 97.280 | +0.113% | $1.5M | $98K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.204 | +0.035% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.177 | +0.007% | $149.1M | $353.0M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.140 | −0.031% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.140 | −0.031% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.127 | −0.044% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.140 | −0.031% | $9.2M | $11.0M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.160 | −0.010% | $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 | +0.119% | $9.5M | $6.5M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.219 | +0.050% | $18K | $330K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.230 | +0.062% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.200 | +0.031% | $100K | $255K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.140 | −0.031% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.480 | +0.319% | $1.2M | $86K | 100x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.30 | +4.250% | — | $735K | 10x | as long as short |
| edgeX BZUSDC | +0.0011% | 4h | 97.311 | +0.146% | $224K | $228K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.823 | +0.672% | — | — | — | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0016% | 1h | 97.250 | +0.082% | $34K | — | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0020% | 1h | 97.080 | −0.093% | $3.1M | $994K | 15x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.180 | +0.010% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.185 | +0.015% | $738K | $3.1M | 10x | as long as short |
| Paradex BZ-USD-PERPlong | +0.0050% | 8h | 97.170 | long leg | $2K | $1K | 5x | |
| tradeXYZ xyz:BRENTOILshort | +0.0050% | 1h | 97.200 | +0.031% | $155.1M | $114.8M | 20x | |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.260 | +0.093% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0093% | 1h | 97.297 | +0.130% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.170 | 0.000% | $3.8M | $801K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.160 | −0.010% | $25K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.225 | +0.057% | $82K | $200K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.195 | +0.026% | $115K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
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
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]