BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.013%

Price spread now: GMX against RISEx+0.003%7-day average −0.033% · you sell dearer than you buy

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

Long on RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.161%−$16 on $10k

Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.003%, 7d avg −0.033%

Together, before fees−0.290%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GMX is 0.037% dearer against RISEx than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.033%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BZ/USDC	96.782	0	get 0.0000% / 1h	37m 09s	$2.2M	$1.3M	20x
Short	GMX BRENTOIL/USD [ETH-USDC]	96.785	L +0.0206% / S +0.0101%	pay 0.0013% / 1h	37m 09s	$126K	—	111x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$21.3
Price spread: +0.003% → −0.033%: $3.66
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$35.65
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 2 min ago; GMX: no order-book sample. 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 RISEx live order book, 2 min ago	0.57 bp	3.6 bp −$4	4.7 bp −$47	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	96.070	−0.736%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.650	−0.136%	$234K	$421K	15x	as long as short
BloFin BZ-USDT	−0.0052%	4h	96.760	−0.023%	$1.5M	$90K	50x	as long as short
Aster BZUSDT	0.0000%	4h	96.782	0.000%	$336K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.795	+0.014%	$146.2M	$387.8M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.780	−0.002%	$10.3M	$14.3M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.780	−0.002%	$15.9M	$22.7M	50x	as long as short
RISEx BZ/USDClong	0.0000%	1h	96.782	long leg	$2.2M	$1.3M	20x
Gate BZ_USDT	0.0000%	8h	96.750	−0.033%	$9.2M	$12.7M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	96.790	+0.008%	$27.6M	$16.5M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BZ	0.0000%	4h	96.790	+0.008%	$9.3M	$7.2M	—	as long as short
GRVT BZ_USDT_Perp	0.0000%	4h	96.738	−0.045%	$24K	$341K	25x	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.810	+0.029%	$4K	$2.6M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.750	−0.033%	$277K	$269K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.790	+0.008%	$1.2M	$85K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.303	+0.539%	—	—	—	as long as short
edgeX BZUSDC	+0.0013%	4h	96.740	−0.044%	$222K	$232K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	96.800	+0.019%	$3.3M	$4.4M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	96.788	+0.006%	$672K	$5.2M	10x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.81	+4.162%	—	$735K	10x	as long as short
Paradex BZ-USD-PERP	+0.0048%	8h	96.791	+0.009%	$3K	$336	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.806	+0.025%	$151.6M	$129.2M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.840	+0.060%	$1.5M	$486K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.770	−0.012%	$3.1M	$1.1M	15x	as long as short
Hotstuff BRENTOIL-PERP	+0.0056%	1h	96.810	+0.029%	$33K	—	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	+0.0060%	1h	96.830	+0.050%	$103K	$271K	15x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.850	+0.070%	$3.8M	$892K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	96.740	−0.043%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]short	L +0.0206% / S +0.0101%	1h	96.785	+0.003%	$126K	—	111x
Kraken Futures PF_BRENTOILUSD	+0.0253%	1h	96.812	+0.031%	$83K	$218K	20x	as long as short
Aftermath Perps BRENTUSD	+0.0269%	1h	96.832	+0.052%	$7K	$45K	5x	as long as short