BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.019%

Price spread now: Extended against Vest−3.634%7-day average −3.300% · you buy dearer than you sell

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

Long on Vest Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.219%−$22 · spread now −3.634%, 7d avg −3.300%

Together, before fees−0.203%+ Points / potential airdropVest: Active · Extended: Active · farm board−$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.333% cheaper against Vest than usual: you would sell low and buy high (spread −3.634% now, against its 7-day average of −3.300%). If the spread goes back, that is −$33 on $10k: about 54 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BZ-PERP	98.970	0.0012	pay 0.0001% / 1h	56m 15s	—	$735K	10x
Short	Extended XBR-USD	95.374	0.0032	get 0.0004% / 1h	56m 15s	$747K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Vest. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 VestbpFee ExtendedbpOrdersPrice spread, now −3.634%Rate

Funding earned: $4.3
Price spread: −3.634% → −3.300%: −$33.35
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$36.04
Costs to cover: 0.070%
Break-even: 65.7 days

Slippage unknown: Vest: no order-book sample; Extended: live order book, 2 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 Vest no order-book sample	—	—	—	—	—
Sell Extended live order book, 2 min ago	1.36 bp	5.5 bp −$5	18.2 bp −$182	doesn't fit	doesn't fit

Vest: 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
Kraken Futures PF_BRENTOILUSD	−0.0339%	1h	95.329	−3.678%	$81K	$205K	20x	as long as short
RISEx BZ/USDC	−0.0289%	1h	95.234	−3.774%	$2.3M	$1.8M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	−0.0169%	1h	95.370	−3.637%	$98K	$268K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0132%	4h	95.210	−3.799%	$14K	$328K	25x	as long as short
Ondo Perps BRENT-USD.P	−0.0110%	1h	95.060	−3.951%	$3.0M	$1.0M	15x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0080%	1h	95.240	−3.769%	$276K	$590K	15x	as long as short
Bybit BZUSDT	−0.0043%	8h	95.350	−3.658%	$10.1M	$14.7M	100x	as long as short
BloFin BZ-USDT	−0.0025%	4h	95.220	−3.789%	$1.5M	$102K	50x	as long as short
Aster BZUSDT	0.0000%	4h	95.319	−3.689%	$328K	$703K	50x	as long as short
Binance BZUSDT	0.0000%	4h	95.353	−3.655%	$146.3M	$394.5M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BZ-USDT-SWAP	0.0000%	4h	95.380	−3.627%	$16.0M	$23.2M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	95.300	−3.708%	$9.1M	$10.9M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	95.360	−3.648%	$28.1M	$22.8M	100x	as long as short
Variational Omni BZ	0.0000%	4h	95.237	−3.771%	$9.2M	$6.4M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	95.330	−3.678%	$4K	$2.1M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	95.380	−3.627%	$273K	$263K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	95.550	−3.456%	$1.2M	$80K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	95.654	−3.351%	—	—	—	as long as short
Vest BZ-PERPlong	+0.0012%	1h	98.970	long leg	—	$735K	10x
edgeX BZUSDC	+0.0012%	4h	95.168	−3.841%	$219K	$230K	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0024%	1h	95.298	−3.710%	$1.6M	$386K	20x	as long as short
Paradex BZ-USD-PERP	+0.0026%	8h	95.189	−3.820%	$2K	$1K	5x	as long as short
Lighter BRENTOIL	+0.0032%	1h	95.320	−3.688%	$3.5M	$4.6M	20x	as long as short
Extended XBR-USDshort	+0.0032%	1h	95.374	−3.634%	$747K	$2.7M	10x
Hotstuff BRENTOIL-PERP	+0.0032%	1h	95.300	−3.708%	$33K	—	20x	as long as short
Injective BRENT/USDC PERP	+0.0033%	1h	96.342	−2.655%	$8K	$7K	30x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	95.408	−3.599%	$153.3M	$128.4M	20x	as long as short
Aftermath Perps BRENTUSD	+0.0056%	1h	95.367	−3.641%	$7K	$39K	5x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	95.370	−3.637%	$3.4M	$1.1M	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	95.320	−3.688%	$25K	$274K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0184% / S −0.0707%	1h	95.345	−3.663%	$33K	—	111x	as long as short