BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.004%

Price spread now: Extended against RISEx−0.008%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−$6as in the Price arb table

costs, in and out, $10k−$130.133% of the position

Long on RISEx Short on Extended

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−0.131%−$13 · spread now −0.008%, 7d avg −0.079%

Together, before fees−0.361%+ Points / potential airdropExtended: Active · farm board−$36 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.071% dearer against RISEx than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.079%. Mind the row above: over the last 3 days funding on this pair cost −0.231%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BZ/USDC	96.826	0	get 0.0000% / 1h	56m 21s	$2.3M	$1.3M	20x
Short	Extended XBR-USD	96.818	0.0032	get 0.0004% / 1h	56m 21s	$688K	$5.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against RISEx. 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 RISExbpFee ExtendedbpOrdersPrice spread, now −0.008%Rate

Funding earned: $6.72
Price spread: −0.008% → −0.079%: $7.09
Slippage, 4 orders: −$2.33
Fee RISEx: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.48
Costs to cover: 0.133%
Break-even: 6.5 days

Slippage from RISEx: live order book, 3 min ago; Extended: 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 RISEx live order book, 3 min ago	0.83 bp	3.8 bp −$4	4.7 bp −$47	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.05 bp	2.6 bp −$3	18.0 bp −$180	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
Injective BRENT/USDC PERP	−0.0220%	1h	95.962	−0.892%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	−0.182%	$234K	$421K	15x	as long as short
Aster BZUSDT	0.0000%	4h	96.847	+0.022%	$336K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.823	−0.004%	$146.0M	$397.1M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.800	−0.027%	$10.4M	$14.8M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.800	−0.027%	$15.9M	$23.9M	50x	as long as short
RISEx BZ/USDClong	0.0000%	1h	96.826	long leg	$2.3M	$1.3M	20x
Gate BZ_USDT	0.0000%	8h	96.760	−0.068%	$9.2M	$12.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.830	+0.004%	$27.7M	$16.8M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.790	−0.037%	$9.3M	$7.3M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BZ_USDT_Perp	0.0000%	4h	96.828	+0.002%	$24K	$355K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.820	−0.006%	$4K	$2.6M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.820	−0.006%	$103K	$271K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.740	−0.089%	$308K	$222K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.820	−0.006%	$1.2M	$88K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.333	+0.523%	—	—	—	as long as short
edgeX BZUSDC	+0.0017%	4h	96.739	−0.090%	$222K	$232K	20x	as long as short
BloFin BZ-USDT	+0.0028%	4h	96.840	+0.014%	$1.5M	$91K	50x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.830	+0.004%	$3.3M	$4.3M	20x	as long as short
Extended XBR-USDshort	+0.0032%	1h	96.818	−0.008%	$688K	$5.3M	10x
Vest BZ-PERP	+0.0046%	1h	100.86	+4.166%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0047%	8h	96.834	+0.008%	$3K	$521	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.830	+0.004%	$151.7M	$138.3M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.867	+0.042%	$1.5M	$506K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.820	−0.006%	$3.1M	$1.1M	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.870	+0.045%	$3.8M	$918K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.890	+0.066%	$25K	$273K	50x	as long as short
Hotstuff BRENTOIL-PERP	+0.0128%	1h	96.880	+0.056%	$33K	—	20x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0204% / S +0.0117%	1h	96.805	−0.022%	$126K	—	111x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0253%	1h	96.831	+0.005%	$83K	$219K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0312%	1h	96.799	−0.027%	$7K	$44K	5x	as long as short