Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bitget−0.010%85s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.295% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now −0.010%, 7d avg −0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 97.190 | 0 | get 0.0000% / 4h | 3h 51m | $27.8M | $16.5M | 100x |
| Short | BloFin BZ-USDT | 97.180 | −0.0003 | pay 0.0001% / 4h | 3h 51m | $1.5M | $92K | 50x |
Bitget BZUSDT
BloFin BZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$0.56
- Price spread: −0.010% → −0.018%
- $0.81
- Slippage, 4 orders
- −$5.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.25
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 1 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 Bitget live order book, 2 min ago | 0.51 bp | 7.0 bp −$7 | 10.0 bp −$100 | 23.3 bp −$2,334 | 45.8 bp −$22.9K |
| Sell BloFin live order book, 1 min ago | 1.03 bp | 7.0 bp −$7 | 7.4 bp −$74 | 19.1 bp −$1,908 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 96.333 | −0.882% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.050 | −0.144% | $233K | $438K | 15x | as long as short |
| BloFin BZ-USDTshort | −0.0003% | 4h | 97.180 | −0.010% | $1.5M | $92K | 50x | |
| Aster BZUSDT | 0.0000% | 4h | 97.187 | −0.003% | $338K | $933K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.238 | +0.049% | $147.2M | $367.6M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.260 | +0.072% | $10.4M | $12.7M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.260 | +0.072% | $16.0M | $20.3M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.207 | +0.017% | $2.4M | $1.7M | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | 0.0000% | 1h | 97.220 | +0.031% | $33K | — | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.150 | −0.041% | $9.2M | $12.1M | 100x | as long as short |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Hotstuff BRENTOIL-PERP
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BZUSDTlong | 0.0000% | 4h | 97.190 | long leg | $27.8M | $16.5M | 100x | |
| Variational Omni BZ | 0.0000% | 4h | 97.168 | −0.023% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.187 | −0.004% | $29K | $346K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.210 | +0.021% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.200 | +0.010% | $104K | $239K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.140 | −0.051% | $279K | $267K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.200 | +0.010% | $1.2M | $84K | 100x | as long as short |
| edgeX BZUSDC | +0.0005% | 4h | 97.168 | −0.023% | $223K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.753 | +0.580% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0031% | 1h | 101.24 | +4.167% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.210 | +0.021% | $3.2M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.209 | +0.020% | $679K | $4.2M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.268 | +0.080% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.226 | +0.037% | $153.3M | $126.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.238 | +0.049% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.130 | −0.062% | $3.1M | $1.0M | 15x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0063% | 1h | 97.208 | +0.018% | $82K | $208K | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.240 | +0.051% | $3.8M | $868K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.170 | −0.021% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0112% | 1h | 97.171 | −0.019% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0228% / S −0.0256% | 1h | 97.185 | −0.005% | $126K | — | 111x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Kraken Futures PF_BRENTOILUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]