Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.021%
Price spread now: edgeX against Aftermath Perps−0.034%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.034% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps BRENTUSD | 97.194 | 0.0111 | pay 0.0014% / 1h | 50m 20s | $7K | $43K | 5x |
| Short | edgeX BZUSDC | 97.161 | 0.0011 | get 0.0005% / 4h | 3h 50m | $223K | $227K | 20x |
Aftermath Perps BRENTUSD
edgeX BZUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.99
- Price spread: −0.034% → 0.000%
- −$3.37
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$42.36
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; edgeX: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 2 min ago | 10.29 bp | 14.8 bp −$15 | 16.8 bp −$168 | 100.8 bp −$10.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.333 | −0.886% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.270 | +0.078% | $233K | $439K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.289 | +0.098% | $338K | $933K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.290 | +0.099% | $147.3M | $368.1M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.270 | +0.078% | $10.4M | $12.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.280 | +0.089% | $16.0M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.283 | +0.092% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.250 | +0.058% | $9.2M | $12.1M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.300 | +0.109% | $27.8M | $16.6M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.258 | +0.066% | $9.4M | $6.8M | — | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.183 | −0.011% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.290 | +0.099% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.300 | +0.109% | $104K | $239K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.140 | −0.055% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.290 | +0.099% | $1.2M | $84K | 100x | as long as short |
| BloFin BZ-USDT | 0.0000% | 4h | 97.290 | +0.099% | $1.5M | $92K | 50x | as long as short |
| edgeX BZUSDCshort | +0.0011% | 4h | 97.161 | −0.034% | $223K | $227K | 20x | |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.849 | +0.674% | — | — | — | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0024% | 1h | 97.250 | +0.058% | $34K | — | 20x | as long as short |
| Vest BZ-PERP | +0.0030% | 1h | 101.31 | +4.235% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.300 | +0.109% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.311 | +0.121% | $679K | $4.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.288 | +0.097% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.326 | +0.136% | $153.5M | $126.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.328 | +0.138% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.230 | +0.037% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.298 | +0.107% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.320 | +0.130% | $3.8M | $868K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.230 | +0.037% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSDlong | +0.0111% | 1h | 97.194 | long leg | $7K | $43K | 5x | |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0230% / S −0.0269% | 1h | 97.285 | +0.094% | $126K | — | 111x | as long as short |
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
BloFin BZ-USDT
gTrade (Gains Network) BRENT/USD
Hotstuff BRENTOIL-PERP
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]