Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: RISEx against Phemex−0.119%7-day average −0.175% · 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)−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now −0.119%, 7d avg −0.175%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.056% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.175%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XBRUSDT | 97.400 | 0 | get 0.0000% / 4h | 3m 22s | $1.2M | $86K | 100x |
| Short | RISEx BZ/USDC | 97.284 | 0 | get 0.0000% / 1h | 3m 22s | $2.4M | $1.7M | 20x |
Phemex XBRUSDT
RISEx BZ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Phemex. 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
- Price spread: −0.119% → −0.175%
- $5.59
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$12.41
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; RISEx: 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 Phemex live order book, 4 min ago | 2.57 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 6 min ago | 1.80 bp | 4.8 bp −$5 | 5.8 bp −$58 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0263% | 1h | 97.350 | −0.051% | $100K | $256K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −1.086% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +0.082% | $237K | $402K | 15x | as long as short |
| BloFin BZ-USDT | −0.0049% | 4h | 97.330 | −0.072% | $1.5M | $99K | 50x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0018% | 1h | 97.260 | −0.144% | $3.1M | $1.0M | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.379 | −0.021% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.340 | −0.062% | $148.2M | $351.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.330 | −0.072% | $10.3M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.340 | −0.062% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDCshort | 0.0000% | 1h | 97.284 | −0.119% | $2.4M | $1.7M | 20x |
Deribit BRENTOIL_USDC-PERPETUAL
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Ondo Perps BRENT-USD.P
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 97.280 | −0.123% | $9.2M | $11.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.360 | −0.041% | $27.9M | $18.5M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.402 | +0.002% | $9.5M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.430 | +0.031% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.320 | −0.082% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.290 | −0.113% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDTlong | 0.0000% | 4h | 97.400 | long leg | $1.2M | $86K | 100x | |
| edgeX BZUSDC | +0.0003% | 4h | 97.432 | +0.033% | $224K | $229K | 20x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.37 | +4.076% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.921 | +0.535% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.370 | −0.031% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.389 | −0.011% | $747K | $2.9M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.312 | −0.090% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.365 | −0.036% | $155.4M | $115.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.382 | −0.018% | $1.6M | $395K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0076% | 1h | 97.350 | −0.052% | $7K | $40K | 5x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0088% | 1h | 97.340 | −0.062% | $34K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.360 | −0.041% | $3.8M | $799K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.450 | +0.051% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.350 | −0.052% | $82K | $200K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.345 | −0.056% | $116K | — | 111x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]