BZ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h −0.032%

Price spread now: Extended against ApeX Omni+0.112%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$580.584% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$20 on $10k

Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.112%, 7d avg +0.007%

Together, before fees−0.225%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.104% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.195%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni BZUSDT	96.100	0.0100	pay 0.0013% / 1h	55m 22s	$25K	$272K	50x
Short	Extended XBR-USD	96.207	0.0120	get 0.0015% / 1h	55m 22s	$762K	$5.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against ApeX Omni. 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 ApeX OmnibpFee ExtendedbpOrdersPrice spread, now +0.112%Rate

Funding earned: $4.2
Price spread: +0.112% → +0.007%: $10.44
Slippage, 4 orders: −$43.36
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$43.72
Costs to cover: 0.584%
Break-even: 79.9 days

Slippage from ApeX Omni: live order book, 17 min ago; Extended: live order book, 4 min ago.

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 ApeX Omni live order book, 17 min ago	8.84 bp	20.1 bp −$20	200.5 bp −$2,005	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	2.44 bp	11.3 bp −$11	34.6 bp −$346	doesn't fit	doesn't fit

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
GMX BRENTOIL/USD [ETH-USDC]	L −0.0848% / S +0.0467%	1h	96.195	+0.099%	$120K	—	111x	as long as short
Injective BRENT/USDC PERP	−0.0220%	1h	95.510	−0.614%	$8K	$7K	30x	as long as short
Coinbase International BRENTOIL-PERP-INTX	−0.0136%	1h	96.070	−0.031%	$232K	$483K	15x	as long as short
GRVT BZ_USDT_Perp	−0.0066%	4h	96.139	+0.040%	$34K	$365K	25x	as long as short
Aster BZUSDT	0.0000%	4h	96.210	+0.114%	$334K	$1.2M	50x	as long as short
Binance BZUSDT	0.0000%	4h	96.200	+0.104%	$145.8M	$439.7M	100x	as long as short
Bybit BZUSDT	0.0000%	8h	96.190	+0.094%	$10.4M	$16.1M	100x	as long as short
OKX BZ-USDT-SWAP	0.0000%	4h	96.200	+0.104%	$15.8M	$25.5M	50x	as long as short
RISEx BZ/USDC	0.0000%	1h	96.190	+0.094%	$2.2M	$1.3M	20x	as long as short
Gate BZ_USDT	0.0000%	8h	96.150	+0.052%	$9.2M	$14.2M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BZUSDT	0.0000%	4h	96.190	+0.094%	$27.6M	$20.1M	100x	as long as short
Variational Omni BZ	0.0000%	4h	96.142	+0.044%	$9.3M	$7.7M	—	as long as short
SunX BRENTOIL-USDT	0.0000%	4h	96.210	+0.114%	$4K	$2.7M	20x	as long as short
Deribit BRENTOIL_USDC-PERPETUAL	0.0000%	1h	96.210	+0.114%	$103K	$272K	15x	as long as short
HTX BRENTOIL-USDT	0.0000%	4h	96.230	+0.135%	$306K	$229K	75x	as long as short
Phemex XBRUSDT	0.0000%	4h	96.300	+0.208%	$1.2M	$95K	100x	as long as short
gTrade (Gains Network) BRENT/USD	L +0.0011% / S −0.0011%	1h	96.747	+0.673%	—	—	—	as long as short
edgeX BZUSDC	+0.0013%	4h	96.166	+0.068%	$220K	$232K	20x	as long as short
Kraken Futures PF_BRENTOILUSD	+0.0020%	1h	96.229	+0.135%	$83K	$233K	20x	as long as short
BloFin BZ-USDT	+0.0027%	4h	96.140	+0.042%	$1.5M	$95K	50x	as long as short
Paradex BZ-USD-PERP	+0.0036%	8h	96.185	+0.088%	$3K	$521	5x	as long as short
Vest BZ-PERP	+0.0046%	1h	100.30	+4.370%	—	$735K	10x	as long as short
tradeXYZ xyz:BRENTOIL	+0.0050%	1h	96.227	+0.132%	$151.0M	$144.4M	20x	as long as short
Polymarket Perps BRENTOIL-USD	+0.0050%	1h	96.271	+0.178%	$1.5M	$502K	20x	as long as short
Ondo Perps BRENT-USD.P	+0.0050%	1h	96.120	+0.021%	$3.1M	$1.1M	15x	as long as short
Lighter BRENTOIL	+0.0056%	1h	96.200	+0.104%	$3.4M	$4.2M	20x	as long as short
KuCoin BZUSDTM	+0.0100%	4h	96.190	+0.094%	$3.8M	$989K	50x	as long as short
ApeX Omni BZUSDTlong	+0.0100%	1h	96.100	long leg	$25K	$272K	50x
Extended XBR-USDshort	+0.0120%	1h	96.207	+0.112%	$762K	$5.3M	10x
Hotstuff BRENTOIL-PERP	+0.0144%	1h	96.230	+0.135%	$33K	—	20x	as long as short
Aftermath Perps BRENTUSD	+0.0633%	1h	96.114	+0.014%	$6K	$44K	5x	as long as short