Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.006%
Price spread now: edgeX against BloFin−0.052%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.508%+$51 · spread now −0.052%, 7d avg −0.014%
=Together, before fees+0.532%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.038% cheaper against BloFin than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.014%). If the spread goes back, that is −$4 on $10k: about 7.8 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BZ-USDT | 97.030 | −0.0002 | get 0.0001% / 4h | 1h 07m | $1.5M | $91K | 50x |
| Short | edgeX BZUSDC | 96.979 | 0.0014 | get 0.0007% / 4h | 1h 07m | $222K | $227K | 20x |
BloFin BZ-USDT
edgeX BZUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- $3.45
- Price spread: −0.052% → −0.014%
- −$3.83
- Slippage, 4 orders
- −$22.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$43.62
- Costs to cover
- 0.432%
- Break-even
- 95.6 days
Slippage from BloFin: live order book, 5 min ago; edgeX: live order book, 54 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 BloFin live order book, 5 min ago | 1.03 bp | 7.4 bp −$7 | 11.0 bp −$110 | 19.3 bp −$1,928 | doesn't fit |
| Sell edgeX live order book, 54 min ago | 9.81 bp | 14.5 bp −$14 | 16.4 bp −$164 | 66.8 bp −$6,677 | 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 | 96.141 | −0.916% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0104% | 1h | 96.990 | −0.041% | $234K | $433K | 15x | as long as short |
| BloFin BZ-USDTlong | −0.0002% | 4h | 97.030 | long leg | $1.5M | $91K | 50x | |
| Aster BZUSDT | 0.0000% | 4h | 97.059 | +0.030% | $337K | $969K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.071 | +0.042% | $146.9M | $372.5M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.060 | +0.031% | $10.3M | $13.1M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.050 | +0.021% | $16.0M | $20.4M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.061 | +0.032% | $2.3M | $1.3M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.000 | −0.031% | $9.2M | $12.3M | 100x | as long as short |
| Bitget BZUSDT | 0.0000% | 4h | 97.060 | +0.031% | $27.4M | $16.3M | 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
Gate BZ_USDT
Bitget BZUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BZ | 0.0000% | 4h | 96.976 | −0.056% | $9.4M | $7.1M | — | as long as short |
| GRVT BZ_USDT_Perp | 0.0000% | 4h | 96.994 | −0.037% | $37K | $343K | 25x | as long as short |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.030 | 0.000% | $4K | $2.5M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.070 | +0.041% | $104K | $247K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 96.980 | −0.052% | $278K | $268K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 97.100 | +0.072% | $1.2M | $86K | 100x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 97.534 | +0.519% | — | — | — | as long as short |
| edgeX BZUSDCshort | +0.0014% | 4h | 96.979 | −0.052% | $222K | $227K | 20x | |
| Lighter BRENTOIL | +0.0032% | 1h | 97.080 | +0.052% | $3.3M | $4.7M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.086 | +0.057% | $675K | $4.7M | 10x | as long as short |
| Vest BZ-PERP | +0.0040% | 1h | 101.06 | +4.153% | — | $735K | 10x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.070 | +0.041% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.081 | +0.053% | $152.1M | $124.9M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.045 | +0.015% | $1.5M | $444K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.040 | +0.010% | $3.1M | $1.1M | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0088% | 1h | 97.000 | −0.031% | $33K | — | 20x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.110 | +0.082% | $3.8M | $872K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.010 | −0.021% | $25K | $274K | 50x | as long as short |
| Aftermath Perps BRENTUSD | +0.0127% | 1h | 97.001 | −0.030% | $7K | $43K | 5x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0186% / S +0.0026% | 1h | 96.995 | −0.036% | $126K | — | 111x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0298% | 1h | 97.042 | +0.013% | $84K | $218K | 20x | as long as short |
Variational Omni BZ
GRVT BZ_USDT_Perp
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
Vest BZ-PERP
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Ondo Perps BRENT-USD.P
Hotstuff BRENTOIL-PERP
KuCoin BZUSDTM
ApeX Omni BZUSDT
Aftermath Perps BRENTUSD
GMX BRENTOIL/USD [ETH-USDC]
Kraken Futures PF_BRENTOILUSD