Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Bitget+0.010%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.010%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BZUSDT | 97.690 | 0 | get 0.0000% / 4h | 1h 55m | $27.7M | $17.3M | 100x |
| Short | KuCoin BZUSDTM | 97.700 | 0.0100 | get 0.0050% / 4h | 1h 55m | $3.8M | $830K | 50x |
Bitget BZUSDT
KuCoin BZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: +0.010% → −0.001%
- $1.15
- Slippage, 4 orders
- −$20.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$22.54
- Costs to cover
- 0.447%
- Break-even
- 14.5 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 2 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, 4 min ago | 0.51 bp | 7.4 bp −$7 | 9.2 bp −$92 | 23.4 bp −$2,336 | 36.9 bp −$18.5K |
| Sell KuCoin live order book, 2 min ago | 0.51 bp | 15.1 bp −$15 | 41.2 bp −$412 | doesn't fit | 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 | 96.817 | −0.894% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.530 | −0.164% | $235K | $417K | 15x | as long as short |
| BloFin BZ-USDT | −0.0008% | 4h | 97.640 | −0.051% | $1.5M | $98K | 50x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.682 | −0.008% | $340K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.671 | −0.020% | $147.6M | $354.8M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.660 | −0.031% | $10.3M | $12.6M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.650 | −0.041% | $16.1M | $19.9M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.645 | −0.046% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.640 | −0.051% | $9.3M | $10.8M | 100x | as long as short |
| Bitget BZUSDTlong | 0.0000% | 4h | 97.690 | long leg | $27.7M | $17.3M | 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 | 97.658 | −0.033% | $9.4M | $6.8M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 97.750 | +0.061% | $34K | $307K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.700 | +0.010% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.660 | −0.031% | $100K | $250K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.650 | −0.041% | $280K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.660 | −0.031% | $1.2M | $80K | 100x | as long as short |
| edgeX BZUSDC | +0.0006% | 4h | 97.657 | −0.034% | $225K | $227K | 20x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.228 | +0.551% | — | — | — | as long as short |
| Vest BZ-PERP | +0.0013% | 1h | 101.77 | +4.176% | — | $735K | 10x | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.650 | −0.041% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.651 | −0.040% | $678K | $3.5M | 10x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0048% | 1h | 97.720 | +0.031% | $34K | — | 20x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.664 | −0.026% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.686 | −0.004% | $154.6M | $123.1M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.720 | +0.031% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.610 | −0.082% | $3.1M | $996K | 15x | as long as short |
| Aftermath Perps BRENTUSD | +0.0077% | 1h | 97.706 | +0.016% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTMshort | +0.0100% | 4h | 97.700 | +0.010% | $3.8M | $830K | 50x | |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.740 | +0.051% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0158% | 1h | 97.674 | −0.017% | $82K | $208K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.675 | −0.015% | $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
gTrade (Gains Network) BRENT/USD
Vest BZ-PERP
Lighter BRENTOIL
Extended XBR-USD
Hotstuff BRENTOIL-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Aftermath Perps BRENTUSD
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]