Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.007%
Price spread now: Extended against Aftermath Perps−0.129%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$1 a day on $10k at the current rate, and Extended is 0.129% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps BRENTUSD | 97.357 | 0.0080 | pay 0.0010% / 1h | 53m 49s | $7K | $39K | 5x |
| Short | Extended XBR-USD | 97.231 | 0.0032 | get 0.0004% / 1h | 53m 49s | $747K | $2.8M | 10x |
Aftermath Perps BRENTUSD
Extended XBR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$10.04
- Price spread: −0.129% → 0.000%
- −$12.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$36.96
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago | 2.15 bp | 5.8 bp −$6 | 21.9 bp −$219 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −1.043% | $8K | $7K | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0060% | 1h | 97.200 | −0.161% | $3.1M | $994K | 15x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0059% | 1h | 97.200 | −0.161% | $100K | $258K | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +0.126% | $237K | $402K | 15x | as long as short |
| RISEx BZ/USDC | −0.0039% | 1h | 97.250 | −0.109% | $2.4M | $1.7M | 20x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 97.238 | −0.122% | $82K | $200K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.253 | −0.106% | $338K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.220 | −0.141% | $148.3M | $353.3M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.200 | −0.161% | $10.3M | $13.4M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.190 | −0.172% | $16.0M | $19.7M | 50x | as long as short |
Injective BRENT/USDC PERP
Ondo Perps BRENT-USD.P
Deribit BRENTOIL_USDC-PERPETUAL
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Kraken Futures PF_BRENTOILUSD
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 97.150 | −0.213% | $9.2M | $10.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.220 | −0.141% | $27.9M | $18.7M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.279 | −0.080% | $9.4M | $6.2M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.500 | +0.147% | $14K | $332K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.230 | −0.131% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.270 | −0.089% | $279K | $251K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.300 | −0.059% | $1.2M | $86K | 100x | as long as short |
| edgeX BZUSDC | +0.0001% | 4h | 97.353 | −0.005% | $223K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0010% | 1h | 101.22 | +3.968% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.767 | +0.421% | — | — | — | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0024% | 1h | 97.300 | −0.059% | $34K | — | 20x | as long as short |
| BloFin BZ-USDT | +0.0028% | 4h | 97.260 | −0.100% | $1.5M | $99K | 50x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.200 | −0.161% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USDshort | +0.0032% | 1h | 97.231 | −0.129% | $747K | $2.8M | 10x | |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.275 | −0.084% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.240 | −0.120% | $155.3M | $115.5M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.270 | −0.089% | $1.6M | $395K | 20x | as long as short |
| Aftermath Perps BRENTUSDlong | +0.0080% | 1h | 97.357 | long leg | $7K | $39K | 5x | |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.220 | −0.141% | $3.8M | $799K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.500 | +0.147% | $26K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.205 | −0.156% | $115K | — | 111x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
Hotstuff BRENTOIL-PERP
BloFin BZ-USDT
Lighter BRENTOIL
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]