Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.003%
Price spread now: gTrade (Gains Network) against Bitget+0.590%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.590% dearer against Bitget than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 97.370 | 0 | get 0.0000% / 4h | 38m 32s | $27.8M | $18.3M | 100x |
| Short | gTrade (Gains Network) BRENT/USD | 97.945 | L +0.0011% / S −0.0011% | get 0.0001% / 1h | 38m 32s | — | — | — |
Bitget BZUSDT
gTrade (Gains Network) BRENT/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $2.34
- Price spread: +0.590% → 0.000%
- $59.03
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $39.37
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 5 min ago | 0.51 bp | 7.6 bp −$8 | 9.7 bp −$97 | 24.9 bp −$2,495 | 70.6 bp −$35.3K |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 97.155 | −0.221% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0056% | 1h | 97.700 | +0.339% | $237K | $412K | 15x | as long as short |
| BloFin BZ-USDT | −0.0034% | 4h | 97.360 | −0.010% | $1.5M | $95K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.397 | +0.027% | $339K | $860K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.371 | +0.001% | $149.4M | $353.1M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.340 | −0.031% | $10.2M | $13.3M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.360 | −0.010% | $16.1M | $19.6M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.355 | −0.015% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.330 | −0.041% | $9.2M | $10.9M | 100x | as long as short |
| Bitget BZUSDTlong | 0.0000% | 4h | 97.370 | long leg | $27.8M | $18.3M | 100x |
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
BloFin BZ-USDT
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 97.336 | −0.035% | $9.5M | $6.6M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.340 | −0.031% | $18K | $330K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.420 | +0.051% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.380 | +0.010% | $100K | $254K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.340 | −0.031% | $279K | $254K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.570 | +0.205% | $1.2M | $87K | 100x | as long as short |
| edgeX BZUSDC | +0.0007% | 4h | 97.345 | −0.026% | $224K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0008% | 1h | 101.45 | +4.190% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USDshort | L +0.0011% / S −0.0011% | 1h | 97.945 | +0.590% | — | — | — | |
| Ondo Perps BRENT-USD.P | +0.0027% | 1h | 97.310 | −0.062% | $3.1M | $999K | 15x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.360 | −0.010% | $3.3M | $3.9M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.371 | +0.001% | $738K | $3.1M | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.363 | −0.007% | $2K | $1K | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.400 | +0.031% | $155.2M | $114.4M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.397 | +0.028% | $1.6M | $405K | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0090% | 1h | 97.411 | +0.042% | $7K | $40K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.410 | +0.041% | $3.8M | $802K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.320 | −0.051% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0113% | 1h | 97.401 | +0.031% | $82K | $200K | 20x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0120% | 1h | 97.420 | +0.051% | $34K | — | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0328% / S −0.2771% | 1h | 97.395 | +0.026% | $116K | — | 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
Vest BZ-PERP
Ondo Perps BRENT-USD.P
Lighter BRENTOIL
Extended XBR-USD
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
Hotstuff BRENTOIL-PERP
GMX BRENTOIL/USD [ETH-USDC]