Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against Binance−0.010%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.010%, 7d avg −0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BZUSDT | 97.290 | 0 | get 0.0000% / 4h | 3h 35m | $148.7M | $354.0M | 100x |
| Short | OKX BZ-USDT-SWAP | 97.280 | 0 | get 0.0000% / 4h | 3h 35m | $16.2M | $19.8M | 50x |
Binance BZUSDT
OKX BZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.010% → −0.020%
- $0.97
- Slippage, 4 orders
- −$3.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$22.75
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; OKX: live order book, 3 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 Binance live order book, 8 min ago | 0.51 bp | 5.5 bp −$6 | 6.3 bp −$63 | 12.0 bp −$1,196 | 26.4 bp −$13.2K |
| Sell OKX live order book, 3 min ago | 0.51 bp | 6.6 bp −$7 | 8.9 bp −$89 | 27.6 bp −$2,764 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BRENTOIL_USDC-PERPETUAL | −0.0366% | 1h | 97.340 | +0.051% | $100K | $262K | 15x | as long as short |
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.342 | −0.974% | $8K | $7K | 30x | as long as short |
| Ondo Perps BRENT-USD.P | −0.0074% | 1h | 97.320 | +0.031% | $3.1M | $1.0M | 15x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.480 | +0.195% | $237K | $402K | 15x | as long as short |
| RISEx BZ/USDC | −0.0039% | 1h | 97.350 | +0.061% | $2.4M | $1.8M | 20x | as long as short |
| BloFin BZ-USDT | −0.0033% | 4h | 97.350 | +0.062% | $1.5M | $100K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | −0.0002% | 1h | 97.371 | +0.083% | $82K | $197K | 20x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.349 | +0.060% | $338K | $761K | 50x | as long as short |
| Binance BZUSDTlong | 0.0000% | 4h | 97.290 | long leg | $148.7M | $354.0M | 100x | |
| Bybit BZUSDT | 0.0000% | 8h | 97.290 | 0.000% | $10.3M | $13.3M | 100x | as long as short |
Deribit BRENTOIL_USDC-PERPETUAL
Injective BRENT/USDC PERP
Ondo Perps BRENT-USD.P
Coinbase International BRENTOIL-PERP-INTX
RISEx BZ/USDC
BloFin BZ-USDT
Kraken Futures PF_BRENTOILUSD
Aster BZUSDT
Bybit BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX BZ-USDT-SWAPshort | 0.0000% | 4h | 97.280 | −0.010% | $16.2M | $19.8M | 50x | |
| Gate BZ_USDT | 0.0000% | 8h | 97.240 | −0.051% | $9.2M | $10.4M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.310 | +0.021% | $28.0M | $18.7M | 100x | as long as short |
| Variational Omni BZ | 0.0000% | 4h | 97.329 | +0.040% | $9.4M | $6.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.354 | +0.066% | $13K | $331K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.400 | +0.113% | $4K | $2.4M | 20x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.360 | +0.072% | $279K | $251K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.380 | +0.093% | $1.2M | $83K | 100x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0008% | 1h | 97.420 | +0.134% | $34K | — | 20x | as long as short |
| Vest BZ-PERP | +0.0009% | 1h | 101.33 | +4.153% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.914 | +0.642% | — | — | — | as long as short |
| edgeX BZUSDC | +0.0020% | 4h | 97.354 | +0.066% | $223K | $229K | 20x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.340 | +0.051% | $3.3M | $4.2M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.319 | +0.030% | $753K | $2.7M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0047% | 8h | 97.411 | +0.124% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.350 | +0.062% | $155.5M | $115.6M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.410 | +0.123% | $1.6M | $345K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0072% | 1h | 97.429 | +0.143% | $7K | $39K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.370 | +0.082% | $3.8M | $799K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.410 | +0.123% | $26K | $273K | 50x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.335 | +0.046% | $116K | — | 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
Hotstuff BRENTOIL-PERP
Vest BZ-PERP
gTrade (Gains Network) BRENT/USD
edgeX BZUSDC
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
GMX BRENTOIL/USD [ETH-USDC]