Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.020%
Price spread now: HTX against ApeX Omni−0.021%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.021%, 7d avg −0.043%
=The price spread pays, funding is against you. HTX is 0.022% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.043%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BZUSDT | 95.960 | 0.0100 | pay 0.0013% / 1h | 44m 28s | $25K | $271K | 50x |
| Short | HTX BRENTOIL-USDT | 95.940 | 0 | get 0.0000% / 4h | 44m 28s | $305K | $249K | 75x |
ApeX Omni BZUSDT
HTX BRENTOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.021% → −0.043%
- $2.25
- Slippage, 4 orders
- −$35.32
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$76.07
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 33 min ago; HTX: live order book, 33 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, 33 min ago | 8.85 bp | 19.2 bp −$19 | 183.2 bp −$1,832 | doesn't fit | doesn't fit |
| Sell HTX live order book, 33 min ago | 2.61 bp | 8.6 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
BZ on 30 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 | 96.065 | +0.109% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.369 | −0.616% | $8K | $7K | 30x | as long as short |
| tradeXYZ xyz:BRENTOIL | −0.0165% | 1h | 96.110 | +0.156% | $147.8M | $143.8M | 20x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.060 | +0.104% | $232K | $577K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.053 | +0.097% | $2.2M | $1.3M | 20x | as long as short |
| Binance BZUSDT | −0.0006% | 4h | 96.069 | +0.114% | $145.8M | $469.4M | 100x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 96.120 | +0.167% | $334K | $1.4M | 50x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.060 | +0.104% | $10.4M | $16.0M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.050 | +0.094% | $15.9M | $26.8M | 50x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 96.100 | +0.146% | $33K | — | 20x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
tradeXYZ xyz:BRENTOIL
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
Binance BZUSDT
Aster BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
Hotstuff BRENTOIL-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BZ_USDT | 0.0000% | 8h | 96.020 | +0.063% | $9.2M | $16.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.060 | +0.104% | $27.4M | $21.1M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 95.963 | +0.003% | $9.3M | $7.9M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 95.970 | +0.010% | $34K | $375K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.040 | +0.083% | $4K | $2.7M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 96.080 | +0.125% | $103K | $279K | 15x | as long as short |
| HTX BRENTOIL-USDTshort | 0.0000% | 4h | 95.940 | −0.021% | $305K | $249K | 75x | |
| Phemex XBRUSDT | 0.0000% | 4h | 96.050 | +0.094% | $1.2M | $96K | 100x | as long as short |
| edgeX BZUSDC | +0.0002% | 4h | 95.954 | −0.006% | $220K | $234K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0009% | 8h | 96.062 | +0.107% | $3K | $521 | 5x | as long as short |
| BloFin BZ-USDT | +0.0010% | 4h | 96.040 | +0.083% | $1.5M | $95K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0030% | 1h | 96.064 | +0.109% | $6K | $45K | 5x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 96.040 | +0.083% | $3.3M | $4.3M | 20x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.16 | +4.377% | — | $735K | 10x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.126 | +0.173% | $1.5M | $529K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 95.980 | +0.021% | $3.0M | $1.1M | 15x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.050 | +0.094% | $3.8M | $990K | 50x | as long as short |
| ApeX Omni BZUSDTlong | +0.0100% | 1h | 95.960 | long leg | $25K | $271K | 50x | |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.075 | +0.120% | $81K | $235K | 20x | as long as short |
| Extended XBR-USD | +0.0152% | 1h | 96.006 | +0.048% | $671K | $5.2M | 10x | as long as short |
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
BloFin BZ-USDT
Aftermath Perps BRENTUSD
Lighter BRENTOIL
Vest BZ-PERP
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
KuCoin BZUSDTM
Kraken Futures PF_BRENTOILUSD
Extended XBR-USD