BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0135%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.045%

Price spread now: Coinbase International against Aftermath Perps+0.146%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Coinbase International

What this pair did over the last

the charts below follow

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—needs both histories

The price spread pays, funding is against you. Coinbase International is 0.146% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.146% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps BRENTUSD	97.338	0.0079	pay 0.0010% / 1h	50m 20s	$7K	$40K	5x
Short	Coinbase International BRENTOIL-PERP-INTX	97.480	−0.0056	pay 0.0007% / 1h	50m 20s	$237K	$402K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aftermath Perps. 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 Aftermath PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.146%Rate

Funding earned: −$28.25
Price spread: +0.146% → 0.000%: $14.58
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$32.67
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Coinbase International: live order book, 48 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 48 min ago	2.06 bp	7.1 bp −$7	9.2 bp −$92	doesn't fit	doesn't fit

Aftermath Perps: 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
Deribit BRENTOIL_USDC-PERPETUAL	−0.0264%	1h	97.290	−0.049%	$100K	$259K	15x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	96.342	−1.023%	$8K	$7K	30x	as long as short
Ondo Perps BRENT-USD.P	−0.0082%	1h	97.220	−0.121%	$3.1M	$991K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0074%	4h	97.238	−0.103%	$14K	$332K	25x	as long as short
Coinbase International BRENTOIL-PERP-INTXshort	−0.0056%	1h	97.480	+0.146%	$237K	$402K	15x
RISEx BZ/USDC	−0.0039%	1h	97.252	−0.088%	$2.4M	$1.7M	20x	as long as short
Bybit BZUSDT	−0.0011%	8h	97.290	−0.049%	$10.3M	$13.4M	100x	as long as short
Kraken Futures PF_BRENTOILUSD	−0.0002%	1h	97.283	−0.056%	$82K	$200K	20x	as long as short
Aster BZUSDT	0.0000%	4h	97.354	+0.016%	$339K	$860K	50x	as long as short
Binance BZUSDT	0.0000%	4h	97.310	−0.029%	$148.7M	$352.5M	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	97.280	−0.060%	$16.1M	$19.8M	50x	as long as short
Gate BZ_USDT	0.0000%	8h	97.250	−0.090%	$9.2M	$10.3M	100x	as long as short
Bitget BZUSDT	0.0000%	4h	97.290	−0.049%	$27.9M	$18.7M	100x	as long as short
Variational Omni BZ	0.0000%	4h	97.269	−0.071%	$9.4M	$6.2M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	97.290	−0.049%	$4K	$2.4M	20x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	97.210	−0.132%	$279K	$251K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	97.410	+0.074%	$1.2M	$86K	100x	as long as short
Vest BZ-PERP	+0.0010%	1h	101.28	+4.050%	—	$735K	10x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	97.840	+0.516%	—	—	—	as long as short
BloFin BZ-USDT	+0.0014%	4h	97.310	−0.029%	$1.5M	$99K	50x	as long as short
edgeX BZUSDC	+0.0015%	4h	97.204	−0.138%	$223K	$229K	20x	as long as short
Lighter BRENTOIL	+0.0032%	1h	97.270	−0.070%	$3.3M	$4.0M	20x	as long as short
Extended XBR-USD	+0.0032%	1h	97.293	−0.047%	$747K	$2.8M	10x	as long as short
Paradex BZ-USD-PERP	+0.0049%	8h	97.271	−0.069%	$2K	$1K	5x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	97.335	−0.003%	$155.4M	$115.6M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	97.310	−0.029%	$1.6M	$395K	20x	as long as short
Hotstuff BRENTOIL-PERP	+0.0056%	1h	97.350	+0.012%	$34K	—	20x	as long as short
Aftermath Perps BRENTUSDlong	+0.0079%	1h	97.338	long leg	$7K	$40K	5x
KuCoin BZUSDTM	+0.0100%	4h	97.280	−0.060%	$3.8M	$798K	50x	as long as short
ApeX Omni BZUSDT	+0.0100%	1h	97.280	−0.060%	$25K	$273K	50x	as long as short
GMX BRENTOIL/USD [ETH-USDC]	L +0.0328% / S −0.2771%	1h	97.275	−0.065%	$115K	—	111x	as long as short