Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.7% APRpaid last 24h −0.079%
Price spread now: Deribit against Aster+0.030%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Funding, last 4 days (all we have)−0.392%−$39 on $10k
+Price spread, last 3 days (all we have)−0.098%−$10 · spread now +0.030%, 7d avg +0.021%
=Together, before fees−0.490%+ Points / potential airdropAster: Stage 5 · farm board−$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BZUSDT | 96.211 | 0 | get 0.0000% / 4h | 0m 45s | $334K | $1.2M | 50x |
| Short | Deribit BRENTOIL_USDC-PERPETUAL | 96.240 | −0.0062 | pay 0.0008% / 1h | 0m 45s | $103K | $272K | 15x |
Aster BZUSDT
Deribit BRENTOIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. 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
- −$12.94
- Price spread: +0.030% → +0.021%
- $0.89
- Slippage, 4 orders
- −$17.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$44.38
- Costs to cover
- 0.323%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Deribit: live order book, 13 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 Aster live order book, 2 min ago | 3.64 bp | 7.6 bp −$8 | 9.1 bp −$91 | 79.0 bp −$7,899 | doesn't fit |
| Sell Deribit live order book, 13 min ago | 0.52 bp | 11.2 bp −$11 | 11.8 bp −$118 | 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 | 96.225 | +0.015% | $120K | — | 111x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 95.484 | −0.756% | $8K | $7K | 30x | as long as short |
| Hotstuff BRENTOIL-PERP | −0.0120% | 1h | 96.280 | +0.072% | $33K | — | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUALshort | −0.0062% | 1h | 96.240 | +0.030% | $103K | $272K | 15x | |
| Coinbase International BRENTOIL-PERP-INTX | −0.0040% | 1h | 96.070 | −0.147% | $232K | $486K | 15x | as long as short |
| RISEx BZ/USDC | −0.0020% | 1h | 96.204 | −0.007% | $2.2M | $1.3M | 20x | as long as short |
| BloFin BZ-USDT | −0.0010% | 4h | 96.200 | −0.011% | $1.5M | $95K | 50x | as long as short |
| Aster BZUSDTlong | 0.0000% | 4h | 96.211 | long leg | $334K | $1.2M | 50x | |
| Binance BZUSDT | 0.0000% | 4h | 96.235 | +0.025% | $145.8M | $444.9M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 96.250 | +0.041% | $10.4M | $16.1M | 100x | as long as short |
GMX BRENTOIL/USD [ETH-USDC]
Injective BRENT/USDC PERP
Hotstuff BRENTOIL-PERP
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
BloFin BZ-USDT
Binance BZUSDT
Bybit BZUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 96.210 | −0.001% | $15.8M | $26.0M | 50x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 96.180 | −0.032% | $9.2M | $16.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 96.230 | +0.020% | $27.6M | $20.0M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 96.202 | −0.009% | $9.3M | $7.7M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.230 | +0.020% | $34K | $365K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 96.230 | +0.020% | $4K | $2.7M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.200 | −0.011% | $306K | $249K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 96.290 | +0.082% | $1.2M | $95K | 100x | as long as short |
| edgeX BZUSDC | +0.0017% | 4h | 96.222 | +0.011% | $220K | $234K | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0034% | 8h | 96.219 | +0.008% | $3K | $521 | 5x | as long as short |
| Vest BZ-PERP | +0.0046% | 1h | 100.16 | +4.105% | — | $735K | 10x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 96.275 | +0.067% | $151.1M | $143.2M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 96.271 | +0.062% | $1.5M | $523K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0096% | 1h | 96.266 | +0.058% | $6K | $44K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 96.130 | −0.084% | $3.8M | $988K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 96.250 | +0.041% | $25K | $272K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 96.278 | +0.070% | $83K | $234K | 20x | as long as short |
| Lighter BRENTOIL | +0.0224% | 1h | 96.230 | +0.020% | $3.4M | $4.5M | 20x | as long as short |
| Extended XBR-USD | +0.0264% | 1h | 96.138 | −0.076% | $772K | $5.3M | 10x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0378% | 1h | 96.190 | −0.022% | $3.1M | $1.1M | 15x | as long as short |
OKX BZ-USDT-SWAP
Gate BZ_USDT
Bitget BZUSDT
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
Paradex BZ-USD-PERP
Vest BZ-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Lighter BRENTOIL
Extended XBR-USD
Ondo Perps BRENT-USD.P